Tuesday, 24 November 2015

Shipping Trade and Transport News 25th November 2015

 

 

Northern Volition on fire  with at least two burnt out containers. 

The vessel is en route from Ho Chi Nubg to Shanghai with around 900 containers on board
















Bandar Abbas - Iran
15 major container lines call at southern Iranian port


















 

 

Top maritime regulators arrive in Brussels to review competition in box trades

BRUSSELS will host a top level meeting of maritime antitrust regulators tomorrow to review the impact on competition of the global container line alliances and related industry developments.The June 18 meeting will be attended by representatives from the US, China and Europe

Suezmax and aframax rates firm up amid healthy vessel demand

SUEZMAX earnings firmed up last week, supported by healthy vessel demand on the Black Sea trades, where congestion in Turkey is reported, while aframax rates were supported by buoyant Caribbean and US Gulf markets.The Baltic Exchange suezmax time charter equivalent,

Trade News

North P&I predicts return to underwriting profit

NORTH P&I Club is set to bring its combined ratio back into positive territory after the key yardstick drifted out as high as 109% this year, ranking it among the worst performers in the International Group
 

BIMCO adds anti-corruption clause

    BIMCO has added a voluntary anti-corruption clause to its charter contracts. The clause includes protection for a ship’s owners in the event that the ship is delayed by the refusal to make facilitation payments.When an illegal demand is made of a vessel
     

    Panama Canal congestion measures 'are working

    CONTINUED measures by the Panama Canal Authority (ACP) to ease the flow of vessel traffic and transit time in the waterway have begun to bear fruit.As a result, wait times for vessels transiting the canal have been cut by 60% from the October peak of 10 days to four days or less

    Transport News

     

    Oil currently at around $44 a barrel

     

    Strike action by SVSA staff 

     

    DfT discuss the future of the DVSA and DVLA

    The review is looking at matching fees charged to businesses and motorists to the costs of the services provided, - See more at: https://www.rha.uk.net/news/2015-11-november/rha-messenger-18-november#sthash.9aCTeNOE.dpuf
    The review is looking at matching fees charges to business and motorists for the cost of the service provided

    MPs discuss driver shortages

    Nick Boles said" we are working closely with a group of leading sector employers to support the development of a new apprenticeship standard for heavy good vehicle drivers.
    “We are working closely with a group of leading sector employers to support the development of a new apprenticeship standard for heavy goods vehicle drivers - See more at: https://www.rha.uk.net/news/2015-11-november/rha-messenger-18-november#sthash.9aCTeNOE.dpuf

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