The cargo insurance business finds more money chasing “risk” and this means smaller margins for insurers and rates trending downward.
The Maersk Tigris seizure resurrects insurance coverage issues.
Forest product shipments are up. But just how they are moved is an ongoing battle between bulk carriers, containerships and ro-ro vessels.
With Indian Prime Minister Narendra Modi’s election came the expectation he would cut the red tape strangling India’s many billion dollars worth of infrastructure projects. Now the “burden of expectations” is a heavy weight on the Modi Government with little relief in sight.
Rail Baltica, the high-speed rail project that will connect Latvia, Lithuania and Estonia with Western Europe, represents a major step toward modernizing transportation infrastructure in the three Baltic countries.
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