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The Standard Group Plc is a multi-media organization with investments in media
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The global shipping industry is experiencing major disruptions that are driving competitors to partner in order to survive.
The two biggest shipping lines in the world which are also competitors - A.P. Moller Maersk and Hapag-Lloyd AG - have now partnered to create an entity called the Gemini Cooperation that will ply African routes especially round the Cape of Good Hope in South Africa. The Suez Canal in Egypt has become difficult to pass due to attacks from the Houthi rebels.
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