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 boardBandar 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 EuropeSuezmax and aframax rates firm up amid healthy vessel demand
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 GroupBIMCO adds anti-corruption clause
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 lessTransport 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 providedMPs 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