17th February 2016

Trade News

 

 

European Commission - Press release Brussels, 16 February 2016 The European Commission has approved under the EU Merger Regulation the acquisition of Procter & Gamble's beauty products businesses by Coty. The Commission concluded that strong independent players would remain active in all the concerned markets. 

Company News 

Costco's Net Loss is at $407.6 m for 2015

Cosco Corporation (Singapore) Limited, a Singapore-listed ship repair and marine engineering and shipping group, recorded a net loss of SGD 570 million (USD 407.6 million) in 2015, compared to a net profit of SGD 20.9 million (USD 14.9 million) in 2014
.
Cosco’s turnover decreased by 17.4 percent to SGD 3.5 billion in 2015 from SGD 4.3 billion in FY 2014 owing to a decrease in shipyard and shipping revenue.

APL

 
Mega-containership APL Vanda ran aground at Bramble Bank, in Southampton Water, the UK, following a loss of power on Saturday evening, February 13th.

APM Terminals

APM Terminals Pipavav welcomed the IDM Symex car carrier, which arrived with a cargo of 800 Hyundai cars loaded at the Port of Chennai on February 5th, in a pioneering use of coastal transportation of Indian-manufactured automobiles.

Trade Sanctions

• Chemical Weapons Convention guidance
• Current arms embargoes and other restrictions
• Do I need an export licence?
• Embargoes and sanctions on Armenia
• Embargoes and sanctions on Azerbaijan
• Embargoes and sanctions on Belarus
• Embargoes and sanctions on Burma
• Embargoes and sanctions on China
• Embargoes and sanctions on Democratic People's Republic of Korea (North Korea)
• Embargoes and sanctions on Eritrea
• Embargoes and sanctions on Iran
• Embargoes and sanctions on Iraq
• Embargoes and sanctions on Ivory Coast
• Embargoes and sanctions on Lebanon
• Embargoes and sanctions on Liberia
• Embargoes and sanctions on Libya
• Embargoes and sanctions on Sierra Leone
• Embargoes and sanctions on Somalia
• Embargoes and sanctions on South Sudan
• Embargoes and sanctions on Sudan
• Embargoes and sanctions on Syria
• Embargoes and sanctions on West African States
• Embargoes and sanctions on Zimbabwe
• Embargoes and sanctions on the Democratic Republic of Congo
• Embargoes and sanctions on the Republic of Guinea
• Processes for dealing with anti-competitive activity
• Sanctions, embargoes and restrictions
• Trade controls (trafficking and brokering)

Useful Links

 HMRC Link

OSCE

Licensing
  
 Product liability and safety law


 

Bunker fuel