STX Pan Ocean
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STX Pan Ocean
Pan Ocean Co., Ltd. is a shipping company headquartered in Seoul, South Korea. It is an affiliated company of Harim Group. Overview The company has gained a worldwide reputation in the bulk carrier industry, and in other services such as container ships, oil tankers and LNG carriers. Its sales volume reached an average of 5,117 million dollars per year. The number of its employees is approximately 2,500, and the number of vessels owned by the company exceeds 340. STX Pan Ocean has been selected as the first-place company in the "Korea's Most Admired Company" by the Korea Management Association Consulting (KMAC) for three consecutive years. Originally the company was active in the car transportation industry, by operating 7 pure car/truck carrier (PCTC) vessels, before discontinuing this business. On Jun 7, 2013 STX Pan Ocean went bankrupt, rebranding as ''Pan Ocean'', dropping the ''STX'' reference after the STX Offshore & Shipbuilding conglomerate sold its majority sta ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Ponta Da Madeira
Ponta da Madeira is a Brazilian private port, a large iron ore loading port in São Luís, in the Northern part of Brazil, and one of the only terminals in the country suited for the ultra large Valemax ships. In 2020, the port of Ponta da Madeira handled 190.1 million tons. It's the national champion in cargo handling. The Ponta da Madeira Maritime Terminal, owned by mining company Vale, sits next to the public Porto do Itaqui, in the state of Maranhão, in northern Brazil. It was chosen as the terminus of the Estrada de Ferro Carajas, where trains unload iron ore for shipping overseas, mainly to Europe and Eastern Asia. The terminal, abutting the Bay of São Marcos (St. Mark) has a natural draft of 26 meters (86 feet) at low tide; 14m (46') tides proved a significant problem due to the strong currents generated, but those were circumvented through the placement of underwater concrete "breakers." The terminal and Itaqui port are still primarily iron ports, but have increas ...
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Car Carrier Shipping Companies
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. Th ...
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