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...A new entrant would face formidable hurdles, both in finding capacity at London’s St Pancras and Paris’s Gare du Nord stations, and obtaining trains that pass the Channel Tunnel’s rigorous safety requirements...
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Head of London market says disaster may produce largest maritime claim in history
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...The vessel is operated by Geneva-based Mediterranean Shipping Company, the world’s biggest container shipping line....
...copy of the letter of guarantee provided to the FT by Niko, signed on the day of the transfer between the Mercury and Shundlli, Eastern Pec’s counterparty was a Shanghai-based company called Met Ocean Co Ltd...
...Iranian forces seized an oil tanker off the coast of Oman as the threat to shipping in the Middle East spilled into one of the world’s most important oil export routes....
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
...In the shipping market, the Red Sea crisis will continue to add volatility....
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...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
...The record was set after transport secretary Grant Shapps warned that it could take “decades” to make Britain’s transport system more resilient to extreme heatwaves....
...The business has also launched its own ship to transport vehicles from China to Europe, which further reduces costs, he added....
...Users don’t need this option: since the 2007 opening of the refurbished Eurostar at St Pancras station, the number of air links between the British and French capitals has fallen dramatically....
...They are not permitted in the waterway between Venice’s Giudecca Island and St Mark’s Square for this reason. They belch out naphtha fumes, leading to accusations that they contribute to air pollution....
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
...Small explorers such as St George Mining are also being courted....
...Indeed, the UN’s International Maritime Organization is not a global shipping police....
...Fitzgerald forecast a “mixed” outlook for this year as shipping giants such as Maersk have warned of an “abrupt end” to the container shipping boom....
...Torgmoll, a Chinese transport and logistics group and its newest subsidiary, NewNew Shipping Line, serve Sino-Russian Arctic cabotage and commerce....
...Woldbye has served as chief executive of Copenhagen airport since 2011, following a 27-year stint at shipping company AP Møller-Maersk....
...Like other passenger transport companies, the multinational group incurred significant losses during the coronavirus pandemic....
...The expanded development work would cause years of disruption in Starmer’s Holborn & St Pancras constituency. The Labour leader’s office had no immediate comment on Wednesday....
...But industry figures fear that an increasing number of ships over this age are being acquired by inexperienced shipowners to transport Russian crude over long distances, increasing the risk of accidents...
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