A ship is said to be ‘flying a flag of convenience’ when the flag on the stern of the ship, representing the country of the Port of Registration, is not the home country of the company which owns the ship. This practice is also known as an ‘open register’, and enables ship owners to choose a ship registration regime which may have less prescreptive maritime regulations and lower taxes.
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Stockholm summit with Denmark, Finland, Iceland, Norway and India
The Indian Prime Minister Narendra Modi visited Sweden last week for trade talks. A Nordic-Indian summit took place with the leaders of Denmark, Finland, Iceland, Norway, Modi and Löfven, the Prime Minister of Sweden. Sweden has been courting India recently, ...Read More
London to China freight service
Following last year’s trial services (China to London and London to China), on April 10 the first scheduled freight service from DP World’s London Gateway terminal to the Duisburg freight hub in Germany departed. The load included containers destined for ...Read More
Tags: China, containers, freight, Germany, rail freight
Burgundy exports go on rising in 2017
Exports of Burgundy rose 0.7% by volume in 2017 versus 2016. The lack of Chablis and Petit Chablis hampered further gains as, if Chablis is removed from the equation, exports of Burgundy by volume rose 6%. Exports by value rose ...Read More
EU imports from outside countries up 5%
European Union imports of fruit and vegetables from non-EU countries reached 15.5 million metric tons (MT) in 2017, representing an increase of 5%. Spain’s Federation of Fruit, Vegetable, Flower and Live Plant Grower Exporter Associations reported 13.3 million MT of ...Read More
