22th February 2015

 

Ships in trouble

 

M.V. Laura

The cargo vessel Laura encountered a fire in the engine room on 19th February 2016 during its journey on the Rhine river near Duisburg-Homberg.  The fire was extinguished on arrival at its destination

M.V. Pride of Hull

18 suspected illegal migrants have been found in the back of a lorry from the above vessel. The vessel was travelling from Rotterdam to Hull and the driver of the lorry has been arrested on suspicion of facilities illegal immigration.

 M.V. Titan 2 

Mexican prosecutors have ordered a seized ship which belongs to a Crimean company to be returned to the Ukraine.  The owners of the ship a Mexican company went bankrupt  which caused the vessel to be seized

Company News

 

Maersk  -  M.V. Sofie Maersk

 

 

 

Maersk Line's AC3 network provides customers with a faster connection from Central Merica, Caribbean and the West Coast of South America to Yokaohama. The service includes both dry and reefer cargo.

Trade News

 

Israel says freeze on EU peace role is over

(JERUSALEM) - Prime Minister Benjamin Netanyahu and the EU foreign policy chief held talks Friday, in effect ending a freeze on talks with the bloc on the Israeli-Palestinian conflict, the foreign ministry said.

Ministry spokesman Emmanuel Nahshon told journalists that the EU's Federica Mogherini said the European Union's November decision to label goods imported from Jewish settlements "does not prejudge the outcome" of the conflict.
"The conversation resolved the tensions and we are, Israel and the EU, back to good and close relations," Nahshon wrote in an English-language comment on social media.
On November 11, Netanyahu, who is also foreign minister, ordered the freeze in response to an EU directive to member governments to label settlement produce imported to Europe as such rather than "Made in Israel".

US-backed peace talks between the Palestinians and Israel collapsed in April 2014 after nine months of fruitless meetings amid bitter recriminations.
A wave of violence which erupted on October 1 has claimed the lives of 26 Israelis, as well as an American, a Sudanese and an Eritrean, according to an AFP count.

China's Industrial overcapacity is damaging global economy.

China's overcapacity in heavy industries is wreaking "far-reaching" damage on the global economy, with steel production "completely untethered" from market demand, the European Union Chamber of Commerce in China said Monday.

EU hits China with a new steel anti-dumping probes

The EU launched new probes on Friday into imports of Chinese steel, warning it would not allow "unfair competition" to threaten Europe's industry already crumbling under a flood of cheap imports.

 

Georgia to build $2.5bn Black Sea port on China's Silk Road

 

Georgia on Monday announced plans to build a new deep-water Black Sea port in a $2.5-billion project that aims to boost trade between China and Europe along the historic Silk Road route.