Finance, Legal & Insurance – Page 23
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NewsPort and terminal insurance
Ports are happy to play it safe when it comes to insurance choices, reports James Brewer
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NewsJoin forces to realise cost savings
However ultimately beneficial, a simulator can still represent a significant cost to some ports or operators. However, three ports in Brazil have found a way to spread the cost.
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Sevasa takes standardising lead
Spanish port stevedoring company Sevasa is taking part in the OPTIMUS project, whose aim is to standardise simulation-based training used in many European ports by developing, testing and implementing a common approach on how to apply simulation techniques and devices for the operational training of port and logistic sector workers.
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NewsCrane simulator article
Learning institutions give the usual simulator suspects a run for their money. Alex Hughes reports
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NewsExpansion into logistics - a risky business
As the portfolio of services that ports and terminal operators provide their customers expands, so their risk exposure increases, as Damon Thompson explains
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Bulk and tanker operators less boxed in by downturn
The outlook for most container terminal operators might be bleak, but the economics of running dry bulk and tanker facilities provides some cause for optimism.
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port finance review
Record-breaking terminal deals of yesteryear hang heavy over today''s depressed market, Mike King explains
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The liability limits
The limits of liability set out under the Rotterdam Rules for loss or damage are 875 SDRs per "package" or 3 SDRs per kilo, whichever amount is higher.
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NewsTHE ROTTERDAM RULES FOR TERMINAL OPERATORS
Craig Neame and Matthew Gore explore the new liabilities for terminal operators under the Rotterdam Rules
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NewsKeeping the customers sweet
The customer is king is a mantra that has suddenly taken on new meaning for crisis-struck port chief executives.
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Crisis soundbites
Over half of the study participants confirmed that the recession has pushed them to reach out to their customers to more fully and proactively explore their needs, surface and explore underlying the assumptions made in developing their plans, exploring opportunities to support customers and build or maintain strategic relationships. "I ...
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NewsAll in the mind
Carly Fields finds that more weight should be given to the psyches of port chief executives in troubled times
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Arrested ships cause headaches for ports
One unfortunate effect of the downturn is that there are more ships being arrested in ports as vessel operators become insolvent and different parties - from marine suppliers to ship financiers - look to secure claims against debtors'' assets.
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NewsThe Rules... and unexpected exposures
Mike Burns, partner in the Marine & Transit Team of Weightmans Solicitors has his own angle on what issues are cooking at the moment, starting with the newly signed Rotterdam Rules.
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NewsInteresting openings
Doing business in new locations can be a legal and financial minefield, as Stevie Knight finds out
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NewsDealing with lines
Matthew Gore explains how to deal with shipping lines who do not pay bills promptly
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NewsThe law's no ass
The applicable law is the legal system that applies to the contract or standard terms and the applicable jurisdiction is the court system which has power to adjudicate over disputes.
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NewsGovernment funding now the norm
Worldwide, the role of government is increasing. In the US, discussions of infrastructure funding are dominated by conversations about the American Recovery and Reinvestment Act ("ARRA", or "The Stimulus Bill") of 2009.
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NewsThe US perspective
The view on the US markets comes from Joe Seliga, a Chicago-based Partner at law giant Mayer Brown, representing CenterPoint Properties in Virginia.
