Iumi's marine market trends
The International Union of Marine Insurance (Iumi) recently presented its analysis of the latest marine insurance market trends for 2019. Marine underwriting premiums for 2019 were estimated to be USD 28.7 billion, which represents a 0.9% reduction from 2018. The global... more
WFW Italy sets up aviation team
Watson Farley & Williams (WFW) welcomes aviation law specialists Matteo Castioni, Alessandro Di Carlo, Irene De Beni and Meghna Chaudhry to WFW Italy. They all previously worked at Macchi di Cellere Gangemi. Castioni, who joins as of counsel and will lead WFW Italy’s new... more
New Swiss parcel hub in operation
Swiss Post has opened a new parcel hub in Vétroz (canton Valais). The company invested around CHF 60 million in the construction and infrastructure of this third of a total of four new regional parcel centres. The Vétroz location brings together the activities of the existing... more
More capacity between Central Italy and Sicily
By adding another vessel, the Italian Grimaldi Group enhances its freight and passenger transport connections between Central Italy and Sicily. Effective now, this additional ro-pax ship between the ports of Livorno and Palermo doubles the frequency of departures, thus... more
Stengg and the power of the small aircraft
The Singapore-based MRO ST Engineering (Stengg) redelivered the world’s first A321 converted freighter to launch customer, Vallair. The first in its size category to offer containerised loading in both the main and lower decks (14 main-deck positions can handle up to 27... more
Javier Sánchez-Prieto returns to Iberia
Javier Sánchez-Prieto replaces Luis Gallego as executive chairman of the Iberia Group. “It’s an honour and a great satisfaction to return to Iberia, despite the hard times the airline industry is experiencing,” Sánchez-Prieto commented. He served as Iberia’s strategic... more
Ten trains per week help to build HS2 in UK
GB Railfreight (GBRf) and Rail Stone Solutions (RSS) won two contracts to support construction on the first phase of HS2. The deals, with HS2 contractors EKFB and BBV, will see GBRf join forces with RSS to deliver aggregates by rail to the high speed rail project’s main... more
SMB International builds warehouse for medical products
SMB International is building a new compact warehouse in Bad Oldesloe (Schleswig-Holstein, Germany) for the clinic group Asklepius in order to ensure reliable supplies of medical products and equipment. SMB intends to set up a fully automated central warehouse on 65,000 sqm by... more
Combining port activities under one brand
At the river Tees, the operator AV Dawson has combined its logistics business in one new port facility. The new brand Port of Middlesbrough is actually an historic one, bringing a name back to the area from over 100 years ago. The naming is meant in honour of a port that was on... more
Port of Valencia upgrades rail access
The JV of Ardanuy Ingeniería and Gesman has been contracted by the Port Authority of Valencia, Spain, to implement the track duplication and third rail project between the Poniente and Levante piers. These works are part of the connecting Europe facility-connect Valenciaport... more