Edition:
United States

Jonathan Saul

Exclusive - Cargill hedge fund CarVal says rejected approach by Schroders

Sep 06 2018

LONDON British asset manager Schroders expressed interest in buying CarVal Investors in May but the hedge fund that is owned by U.S. agri group Cargill said it was not for sale, a CarVal executive said.

New fuel rules push shipowners to go green with LNG

Aug 16 2018

LONDON Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refuelling facilities in the shipping industry's biggest shake-up in decades.

New fuel rules push shipowners to go green with LNG

Aug 15 2018

LONDON Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades.

Ship insurer UK P&I Club opts for Rotterdam as hub due to Brexit

Aug 06 2018

LONDON British ship insurer UK P&I Club is in the process of setting up a subsidiary in the Dutch port city of Rotterdam to ensure continued access to trade in the European Union in case Britain loses single market access, its chief executive said.

Ship insurer UK P&I Club opts for Rotterdam as hub due to Brexit

Aug 06 2018

LONDON, Aug 6 British ship insurer UK P&I Club is in the process of setting up a subsidiary in the Dutch port city of Rotterdam to ensure continued access to trade in the European Union in case Britain loses single market access, its chief executive said.

Families of 9/11 victims look to seize Iran assets in Britain

Aug 01 2018

LONDON/ANKARAAn English court has cleared the way to consider whether it will allow the families of some of those killed in the Sept. 11, 2001 attacks on the United States to make a claim on Iranian assets in Britain.

Exclusive: Lloyd's of London reviews operations after losing $2.6 billion and CEO

Jul 31 2018

LONDON Lloyd's of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said.

Qatar to build sugar refinery to avoid boycott disruptions: sources

Jul 25 2018

LONDON/DUBAI Qatar is building a sugar refinery in a bid to avoid supply disruptions after neighboring Gulf Arab states severed economic and political ties with Doha more than a year ago, sources say.

UK ship insurer London Club setting up Cyprus office over Brexit

Jul 20 2018

LONDON British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access, the group told Reuters on Friday.

U.S. sanctions seen barring IT platform of insurer Lloyd's for Iran trade

Jul 13 2018

LONDON New U.S. sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country.

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