ASIAN waters accounted for a third of a large vessels lost at sea globally, even as large shipping losses are at a record low having fallen 20 per...
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Asian waters remain chief locale for worldwide for losing big ships at sea - CMA CGM seeks investment opportunities in Africa
WITH African nations seeing a record growth rate of 5 per cent over the past decade, French shipping giant CMA CGM has turned its focus to the...
- MPC Containers Ships seeks US$15m in recapitalisation plan
OSLO-LISTED German container line MPC Containers Ships is seeking approval from its bondholders and lenders for a recapitalisation plan designed to...
- UN's ILO seeks 'key worker' status for seafarers during pandemic
THE UN'S International Labour Organisation says 150,000 seafarers are stranded on ships worldwide due to Covid-19 pandemic and should be given...
- PIL seeks lifeline from Temasek Investment to stay afloat
SINGAPORE-BASED Pacific International Lines is in talks with an arm of the Lion City's sovereign-wealth fund Temasek Holdings over a potential...
- BIFA seeks delay in Brexit date to facilitate stalled EU trade talks
THE British International Freight Association (BIFA) has described the UK governmen's refusal to extend the 11-month transition period as...
- Air freight industry seeks relaxed all-cargo flight rules during virus crisis
THE air cargo sector is requesting governments exempt all-cargo carriers from certain health and operating rules to facilitate the delivery of...
- Boeing seeks federal aid to avoid layoffs in its supply chain network
US PLANE maker Boeing has asked White House and Congressional officials for short-term aid for itself, suppliers and airlines because of the...
- Canadian Pacific seeks US$500m funding by offering debt notes
CANADIAN Pacific Railway Limited ('CP') has announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$500...
- Maersk credit linked to eco performance, forcing small fry to comply
DANISH shipping giant Maersk is helping banks enforce the carbon-neutral agenda, terms under which smaller players must conform, reports London's...
- EU Council opens Brexit talks, seeks fishing rights, sees role for EU law
THE European Council, made up of heads of government of member states, has authorised the opening of negotiations for a new relationship with...
- International Chamber of Shipping seeks US$54 billion eco fund on CO2
SHIPOWNERS, of the International Chamber of Shipping, have proposed a US$54 billion fund, to which owners would contribute $5 billion, to be spent on...
- Luxembourg seeks to boost economic ties with Sri Lanka
LUXEMBOURG aims to boost economic cooperation with Sri Lanka, with its Minister of Foreign and European Affairs Jean Asselborn leading a delegation...
- Wallem's Dickson Chin joins HK cruise industry's advisory committee
WALLEM Group managing director for ship agency services, Dickson Chin, has joined Hong Kong's Advisory Committee on Cruise Industry (ACCI), where...
- Dubai to host 5th TOC Middle East in 2020
TOC Middle East returns to Dubai in 2020, taking place for the first time as part of UAE Maritime Week at the new Dubai Exhibition Centre, co-located...
- US DOT seeks public input on National Freight Strategic Plan
AN assessment of the ability of multimodal transportation networks within the United States to handle future freight demand is taking public comment...
- UK's East Midlands airport reaches out to Chinese side to start direct cargo flights
THE UK's East Midlands Airport (EMA) has revealed that preliminary talks are ongoing with counterparts at Chongqing Jiangbei international...
- Hong Kong Airlines near bankruptcy as it seeks for rescuer to pay bills
HONG KONG's Air Transport Licensing Authority (ATLA) has issued an ultimatum to Hong Kong Airlines, saying it must secure a cash injection and...
- Oakland seeks turning basin expansion to boost competitiveness
THE Port of Oakland officials plan to expand the turning basins to accommodate ships of 18,000-TEU capacity, as well as upgrade roads
- Auckland seeks to dredge harbour to dock 5,000 TEU plus ships
PORTS of Auckland (POAL) has applied to dredge 2