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Fınance & Insurance News

Panama Canal extends temporary relief measures for customers to end of 2020Panama Canal extends temporary relief measures for customers to end of 2020As the Covid-19 pandemic continues to impact the global economy, the Panama Canal will extend its temporary relief measures to the end of the year offering further support for the industry’s recovery.26 August 2020 Wednesday 17:00
MAN Energy Solutions reducing job cuts to 2,600 in restructuringMAN Energy Solutions reducing job cuts to 2,600 in restructuringMAN Energy Solutions (MAN ES) has agreed with employee representatives to cut the number of job losses in planned restructuring in return for concessions on labour costs.05 August 2020 Wednesday 14:55
Onex Group set to take over Elefsis ShipyardOnex Group set to take over Elefsis ShipyardThe takeover process was quickly taken a step further when a majority of former shareholders of the Onex Group-controlled Neorion SA, which controls the Eleusis-based Elefsis Shipyard and the Neorion yard on Syros, agreeing to sell their stake.30 July 2020 Thursday 13:00
Use of Lloyd’s Open Form contracts ‘at historic low’: ISUUse of Lloyd’s Open Form contracts ‘at historic low’: ISULatest International Salvage Union statistics for 2019 show that while ISU members’ business held up well in 2019, use of Lloyd’s Open Form (LOF) ‘no cure, no pay’ contracts dropped to an all-time low.14 July 2020 Tuesday 09:48
Panama Ship Registry grows 4.1% under new administrationPanama Ship Registry grows 4.1% under new administrationThe Panama Ship Registry has grown by 4.1% during the first year of its new Administration.13 July 2020 Monday 11:00
Maersk acquiring KGH Customs Services in $279m dealMaersk acquiring KGH Customs Services in $279m dealAP Moller – Maersk is acquiring Swedish trade and customs management specialist KGH Customs Services.06 July 2020 Monday 14:04
Greek shipowners committed to implementing US sanctionsGreek shipowners committed to implementing US sanctionsThe Union of Greek Shipowners (UGS) remains committed to implementing US sanctions and urges members to refrain from conducting any business with Venezuela until there is a change in that country’s regime.17 June 2020 Wednesday 12:40
Greece aims to build on Chinese cooperation in Piraeus portGreece aims to build on Chinese cooperation in Piraeus portGreece is determined to build on the success of the Chinese presence in Piraeus port, with the Greek government continuing with unfaltering commitment to enhance cooperation with China, Greece's Development and Investments Minister, Adonis Georgiadis said10 June 2020 Wednesday 23:20
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