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Hormuz blockade raises uncertainty for global shipping industry

The global shipping industry is facing growing uncertainty as the blockade of the Strait of Hormuz drives tanker freight rates sharply higher while simultaneously threatening profitability through declining cargo volumes and rising operating costs.According to global maritime analytics firm Clarksons Research, the tanker index (WS), which tracks daily freigh..

Samsung replaces chip division leaders
AsiaToday reporter Jeong Moon-kyungSamsung Electronics has appointed Jun Young-hyun, vice chairman and head of the Device Solutions (DS) division, as its C..

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