More accidents caused by hazardous cargo shipments, but higher insurance premiums unlikely
The rise in major incidents involving hazardous ocean cargo and growing concerns about danger to ...
With the death toll from this month’s Tianjin port disaster having risen to 145, with 28 people still unaccounted for, and insurers facing a $1.6bn bill, China’s President Xi Jinping has vowed that those responsible “will learn lessons paid for with blood”.
The state prosecutor said it had found officials to have been “irresponsible, negligent and lax”, and so far it has detained 12 people, including port executives, for dereliction of duty and abuse of power.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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Alessandro Pasetti
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