Shipping Trade & Transport News September 16^th 2015

Explosion In Bangladesh Shipbreaking Yard Kills Four

The NGO Shipbreaking Platform calls for urgent action to stop dangerous working conditions after four workers died following a gas cylinder explosion in a shipbreaking yard in Chittagong, Bangladesh.  

India eases cabotage laws on ro-ro vessels 

India's central government decided earlier in the week to loosen cabotage laws on certain foreign flagged vessels, including ro-ro ships

Guangzhou revels $15.7bn plan for global shipping centre

Government lists 60 projects, including construction of more terminals, intermodal transport and industrial parks

New Container Ships

The trend of ordering ultra large containerships shows little sign of slowing as carriers continue to seek the cost advantages of these industry

Cosco and China Shipping Group Merger 

The two state conglomerates will soon unveil their consolidation plan

Transport News

M6 lorry fire: HGV firm faces £28k pay out over blaze that melted the motorway

 

 

 

 

 

 

 

 

HGVs to be banned from overtaking on M11

The Highways Agency is to introduce a permanent ban on HGVs overtaking on the M11 within the next 12 months.

Trade News

Euro area international trade in goods surplus Euro 31.4bn -Euro 12.9 surplus for EU28

European Commission - EUROSTAT Brussels, 15 September 2015 The first estimate for euro area (EA19) exports of goods to the rest of the world in July 2015 was €185.2 billion, an increase of 7% compared with July 2014 (€173.7 bn).