A new initiative launched by the Foreign Ministers Jean-Yves Le Drian (France), Heiko Maas (Germany) and Jeremy Hunt (United Kingdom) allow European companies to do business with Iran again. Through a special purpose vehicle called INSTEX the countries will support legitimate, non-dollar European trade with Iran, ‘focusing initially on the sectors most essential to the Iranian population – such as pharmaceutical,...Read more
|Comment|author: Tobias Pieffers

‘Was Hansa Heavy Lift too specialised?’

Was Hansa Heavy Lift too specialised? This question asks market analyst Susan Oatway of Drewry now that the bankrupt shipping line is selling off its ships in order to settle outstanding bills. The Hamburg-based shipping line...Read more
|Comment|author: Tobias Pieffers

Mammoet transports piece of American history

Mammoet has successfully transported an American piece of history in the United States. The Dutch company was tasked with the move of the historic No. 576 steam locomotive from its previous location in Nashville’s Centennial...Read more
|Comment|author: Tobias Pieffers