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SC Security & Risk Mgmt: Page 347
Judge Orders Hanjin to Sell Ships, Return Chartered Vessels
Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.
Set of Best Practices to Ensure IoT Security Released by Consortium
IoT is complex, fast-growing and often intertwined with systems that govern things like water and power. That makes IoT security a critical requirement, but it's one that's not necessarily well understood.
Progress Made to Reduce Antibiotics in Fast-Food Supply Chains
Panera Bread and Chipotle Mexican Grill passed with flying colors, but KFC and Olive Garden were among the laggards in commitments to eliminate medically important antibiotics from their meat and poultry supply chains, according to a new report.
Global Marine Underwriting Premiums Down 10.5 Percent Last Year
Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.
The Painful Lessons of the Hanjin Bankruptcy
Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.
Do Presidents Have Any Control Over the Economy?
The platforms of both major political parties are based on the belief that the actions of presidents have a direct impact on the U.S. and global economy. But is that really so?
Dell Completes Takeover of EMC Corporation
Dell Technologies has announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform information technology and protect their most important asset, information.
Samsung Supplies Controversial Lithium-Ion Batteries for Many Manufacturers of Portable Devices
After selling 2.5 million Galaxy Note 7 phablets in just two weeks, Samsung has issued a worldwide recall and temporary hold on sales because of battery overheating issues and danger of explosion. Since two-thirds of those batteries are manufactured by Samsung SDI, a supplier to many of the top brands of portable computing devices, this development could disrupt the supply chain for new devices for the rest of the year. Samsung SDI is one of the suppliers listed by Apple in their 2016 Supplier List, published in February.
Samsung Smartphone Fires Latest in Long Line of Lithium-Ion Battery Problems
The Federal Aviation Administration, citing fire hazards, has warned against using Samsung Galaxy Note 7 smartphones on aircraft. Three Australian airlines and the German carrier Lufthansa have outright banned their use onboard. But the threat of airliner fires is not limited to Samsung devices, which the company has offered to replace. And the hazard is far more than theoretical.
Allianz Group Unit Launches Inland Marine Insurance Product
Allianz Global Corporate & Specialty (AGCS), the specialist corporate insurer of Allianz Group, has launched Transportation Block 2020, a comprehensive inland marine cargo insurance product.
Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place
The recent bankruptcy of Hanjin container line clearly illustrates some of the risks involved in the global supply chain today. As The Guardian reports, "the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tons of goods being carried by the South Korean company will reach shelves."
After Brexit: How European Supply Chains Will Be Transformed
It's been more than two months since the United Kingdom voted to withdraw from the European Union, but the shock waves aren't close to subsiding - especially with regard to the impact on global supply chains.
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