Finance, Legal & Insurance – Page 2
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Job losses likely at Port of Liverpool
Job losses are on the cards at the Port of Liverpool following a prolonged fall in container volumes
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Marine insurers issue EV fire guidance
Research by the International Union of Marine Insurance finds that EV fires are no more frequent than those in ICE vehicles
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High noon for Adani…
As PS goes to press, the release of the findings of the Securities and Exchange Board of India (SEBI) into accusations…
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Konecranes Upbeat for 2023
Despite the fragility of supply chains globally, Konecranes is predicting it will see increases in net sales in 2023.
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ETS: trade diversion risk?
In April 2023 the European Parliament approved legislation to include maritime shipping emissions under the EU Emission Trading System (ETS). In this article Royal HaskoningDHV explores the potential risk of shifting trade routes to ports outside Europe to avoid ETS related costs
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More public sector Dollars
The rapid escalation in container ship size presents challenges, especially in an era of strong inflation. More public sector support can facilitate going beyond doing the minimum and being ready to capitalise on the new opportunities round the corner. Mike Mundy presents the facts
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Cargotec changes board following Kalmar split
Cargotec has proposed a number of board changes following the decision to partially demerge its Kalmar cargo handling business
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Revenue up 10% at ICTS in Q2 2023
International Container Terminal Service has reported revenue from port operations in Q2 2023 of US$1.16 billion
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Shippers urged to proactively reduce demurrage
Shipping companies are being urged to proactively adopt best practices to reduce the costs and risks of demurrage
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TT Club bolsters team with new appointments
TT Club has made to new appointments to its Loss Prevention team to help bolster its risk management service
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SAAM completes terminal and logistics sale
SAAM has completed the sale of its port terminals and logistics operations to allow it to focus on its towage business
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TT Club warns of enclosed spaces risks
TT Club is warning of a ’silent and invisible killer’ across the supply chain
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FourKites makes key leadership appointments
Supply chain visibility provider FourKites has expanded its leadership team with the appointment of two new executives
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Security funding boost for US ports
Port authorities in the US have been awarded an increased share of funding to improve security
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No Hutch Sale
International press reports are indicating that PSA International is no longer planning to sell…
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CMA CGM enters port of Valencia
CMA CGM has closed a deal to acquire 49 per cent of Cosco Shipping Ports (CSP) Valencia Iberian Terminal, located at the Muelle Príncipe Felipe in the Port of Valencia.
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…As APMT also invests
APM Terminals (APMT) Valencia is investing €3.6 million (US$3.9 million) to expand capacity, increase equipment efficiency and improve the flow of trucks entering its terminal.
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Ceres Sold
Carrix has agreed to purchase the Ceres Terminals portfolio from Macquarie Asset Management…
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Get ready for UK export rule changes
Preparing now for this autumn’s UK export declaration custom changes will make life easier
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Warning issued as freight crime rockets in Chile
Analysis by TT Club reports dramatic year-on-year increases in freight crime in Chile