British ports request £120m for ‘white elephant’ Brexit border posts Transport and infrastructure British ports are demanding £120m in compensation after being forced to invest millions in post-Brexit border control posts rendered “obsolete” by Keir Starmer’s new EU deal. Monday’s UK-EU trade deal committed to removing border checks on plant, animal and food imports from the EU member states. The deal was welcomed by the port industry, but [...]
Bill Browder: ‘Bad bet’ to return to Russia after ceasefire Politics Firms that choose to re-open operations in Russia after a peace agreement has been reached would be “making a bad bet” and “deserve to lose their money”, a former hedge fund manager dubbed ‘Putin’s number one enemy’ has said. Speaking to City PM from the Munich Security Conference (MSC), Sir Bill Browder launched a scathing [...]
Ocean Wilsons sells off Brazilian arm to Mediterranean Shipping Company Transport and infrastructure London-listed Bermuda investment company Ocean Wilsons has sold off its Brazilian arm to Mediterranean Shipping Company (MSC) for 4.32bn Brazilian real (£590m). Wilson Sons, which is currently one of the largest port and maritime logistics operators in Brazil, is currently majority owned by Ocean Wilsons with a 56.5 per cent interest. It is also one [...]
