US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head to...
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FMC warns of court action if there are signs of 'collusion' on transpacific trade - Covid lockdowns could bring world shipping to a halt: expert
CLOSURES of international borders, flight caps and Covid quarantines pose a grave threat to global supply chains and the welfare of seafarers, warns...
- ICHCA warns of another Beirut disaster waiting to happen
TERMINAL operators around the globe are reassessing their safety procedures following the August 4 Beirut explosion which killed around 200 people...
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As pandemic stretches on, concern for stranded seafarers growsThe mental well-being and safety of seafarers stuck aboard ships during the pandemic is reaching a breaking point as the months stretch on, warns an...
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USA warns vessels transiting Gulf of Guinea - United warns 36,000 US-based employees of apprehended layoffs
UNITED Airlines has notified 36,000 of its US employees, or 45 per cent of its workforce, that their jobs are at risk after federal payroll aid...
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Thousands of stranded seafarers seek to go home!Crews of merchant ships and cruise vessels are stranded aboard ship, with no way to either travel home or even go ashore at the closest port due to...
- John Menzies warns of redundancies as cargo volumes plunge
UK-HEADQUARTERED handler John Menzies saw its air cargo volumes decline by 37 per cent year on year in April as a result of the coronavirus...
- 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...
- Ship operators spending more on Covid measures for crewing sector
IMPORTANT measures taken by ship operators to ensure the safety of seafarers around the globe are proving costly as well as tricky, warns Henrik...
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Salvors save 2.3M tonnes of pollution!Emergency towage tugs and salvage companies saved 214 vessels from danger in 2019 and prevented environmental pollution worldwide.
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U.S. warns of pirates in southern Gulf of Mexico!The U.S. government on Wednesday issued a warning about the threat posed by pirates to boats and oil installations in the southern Gulf of Mexico.
- Major 'right-sizing' afoot, warns Cathay boss in wake of Covid blow
HONG KONG's Cathay Pacific Airways chairman Patrick Healy has warned that 'tough decisions will need to be made' by the fourth quarter of...
- TAPA warns of crime surge as lockdowns are eased
THE Transported Asset Protection Association (TAPA) has warned of an expected spike in cargo thefts as coronavirus lockdowns are eased across Europe,...
- China's outbound airfreight rates are declining - but slowly
NEW figures for the past week from the TAC Index and Freight Investor Services (FIS) show airfreight rates out of China have continued to fall,...
- China warns of 'new cold war' as US trade tensions rise
THE prospects of a trade war between China and the western economies have increased rapidly in recent days as Beijing accused the US of pushing...
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Iran warns to US over Venezuela-bound tankers: IRNAIRAN has warned the US against making threats to Iranian fuel tankers bound for Venezuela, the state-run Islamic Republic News Agency reported
- Airbus CEO warns of massive job losses coming soon from virus crisis
AIRBUS must 'act fast' to slash jobs as it confronts the sharpest downturn in the aviation industry, says CEO Guillaume Faury in a memo to...
- Delta to retire Boeing 777 jets, warns of layoffs to stop cash burn
DELTA Air Lines is retiring its fleet of Boeing 777s, warning its pilots of layoffs as it faces collapse in the travel market, the result of the...
- Increasing risks form the accumulation of cargo: TT Club warns
THE current pandemic has disrupted global supply chains in a wide variety of ways and in particular the significant build-ups of goods produced in...