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finance and politics

Possible terrorist targets in Sochi

Moscow - The Sochi Olympic Games are the most important sporting event in the upcoming weeks. Unfortunately, the possibility of a terrorist attack is too high to ignore.


China building second aircraft carrier

Beijing - The country’s first aircraft carrier, the Liaoning - a Soviet-era ship bought from Ukraine in 1998 and re-fitted in a Chinese shipyard - has long been a symbol of China’s naval build-up.


Maritime industry should be prepared to winter

Odessa - Severe weather conditions during Winter 2012/2013 had serious negative consequences for shipping businesses in Ukrainian ports. The execution of charterparties and sale and purchase contracts have been considerably delayed or repudiated, resulting in significant damages and losses


PSA container throughput jumps 2.3 percent

Singapore - The Group’s volume increased by 2.9% over 2012 with the flagship PSA Singapore Terminals contributing 32.24 million TEUs (+3.1%) and PSA terminals outside Singapore handling 29.57 million TEUs.


Foschi retires from Carnival and exits all positions

Genova - Carnival has agreed to pay Foschi €1m in consideration for his waiver of claims and €250,000 in consideration for the non-competition and non-solicitations obligations provided, according to