MSC Subsidiary Launches $700 Million Takeover of Gram Car Carriers


by gCaptain

gCaptain— SAS Shipping Agencies Services, a wholly-owned subsidiary of the world’s largest container shipping line, MSC Mediterranean Shipping Company, plans to acquire all shares of Norway-based pure car and truck carrier

WRIC—Four people suspected of stealing cars in Henrico in 2023 linked to multi-million-dollar car theft ring. Four people from North Carolina arrested for allegedly stealing vehicles in western Henrico County last year have now been linked to a multi-million-dollar vehicle theft ring.

Aviation Week—AirAsia Launches Cambodia Subsidiary Amid Recovery Challenges. The launch of AirAsia’s latest franchise in Cambodia comes as the country’s aviation market struggles to recover from the effects of the pandemic.

The Washington Times—Inside the Ring: China launches third aircraft carrier. China began sea trials for the third aircraft carrier for its People’s Liberation Army on Wednesday, Chinese state media reported. The official Chinese military website announced the carrier sea trials in a three-paragraph dispatch from Shanghai.