A Greek truck driver died and 10 Bulgarian, Turkish and Greek people are unaccounted for after ro-ro Euroferry Olympia, owned and operated by Grimaldi, Caught fire in the early hours of Friday morning. The till-smouldering vessel today is at anchor off the port of Kassiopi, in Corfu. The vessel was carrying more than...
Freight forwarder association Clecat is asking the EC competition directorate to urgently investigate what it claims are “distortions” in the liner shipping market. Clecat wrote to commissioner Margrethe Vestager calling for the regulator to establish “the degree of concentration, consolidation, coordination, and cartelisation in the upstream container liner shipping services markets serving...
REUTERS reports: – Chairman Antonio Horta-Osorio apologies for personal actions – Quits within one year after taking charge – Bank appoints former UBS executive Axel Lehmann as chairman – Credit Suisse announced big revamp in November Credit Suisse Chairman Antonio Horta-Osorio has quit following an internal probe into his personal conduct, including breaches of COVID-19 rules,...
REUTERS reports: Chinese logistics giant SF Holdings Co is in talks to take Hong Kong-listed Kerry Logistics Networks Ltd private, in the sector’s latest consolidation attempt, four people with knowledge of the matter told Reuters. SF is preparing to offer a decent premium to Kerry’s current trading price, said one of the people,...
