05 APR 2022 The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which would increase rates charged on cargo such as vehicles, oil and gas and soybeans that cross the waterway as ocean shippers rake in record profits. The changes would reduce the current structure to fewer than …
Read More »GOLDEN RAY’S OWNERS AND SALVAGE COMPANY SUED FOR NEGLIGENCE IN SALVAGE
04 APR 2022 The last sections of the wrecked car carrier Golden Ray were removed from the waters near Brunswick, Georgia six months ago, but the legal battles over the shipwreck are continuing. In the latest move, the Georgia county where the wreck occurred filed suit in U.S. Federal Court alleging negligence …
Read More »GENERAL AVERAGE DECLARED ON EVER FORWARD AS SALVAGE COSTS GROW
03 APR 2022 After two failed salvage attempts and with the prospects that the Ever Forward will remain stuck in the mud for possibly another week, her owners Evergreen Marine of Hong Kong today declared General Average. Evergreen had warned a week ago that it would evaluate the issue of General Average …
Read More »ULTRA-PROCESSED FOODS ARE TRASHING THE PLANET, SCIENTISTS WARN
02 APR 2022 Our world is facing a huge challenge: we need to create enough high-quality, diverse and nutritious food to feed a growing population – and do so within the boundaries of our planet. This means significantly reducing the environmental impact of the global food system. There are more than …
Read More »VIRTUAL WATCH TOWERS FOR SUPPLY CHAIN VISIBILITY
01 APR 2022 Cargo owners and transport buyers wish enhanced visibility and forecasts on the times of goods and (returnable) assets arrival at various locations in the global end-to-end multi-tiered supply chain network. Logistics service providers also do need to stay informed on progress and disruptions on the activities …
Read More »P&O FERRIES REJECTS GOVERNMENT PLEA TO REHIRE FIRED WORKERS
31 MAR 2022 P&O Ferries on Tuesday rejected the British government’s request to rehire 800 workers it fired without notice two weeks ago, saying that doing so would cause the company to collapse. P&O Ferries, an 180-year old company now owned by Dubai-based logistics group DP World, prompted an outcry from British …
Read More »UKRAINE ACCUSES RUSSIA OF SETTING STOLEN MINES ADRIFT IN THE BLACK SEA
30 MAR 2022 The Ukrainian foreign ministry has accused Russian forces of setting Soviet-era naval mines adrift in order to disrupt shipping and discredit Ukraine. In particular, the ministry asserted, Russia has used mines that were stored in Sevastopol and were captured from Ukraine during the first Russian invasion in …
Read More »SHIPS STRANDED IN UKRAINE AS CONFLICT SLOWS UN EFFORTS FOR ‘MARITIME CORRIDOR’
30 MAR 2022 With more than 1,000 seafarers stranded on ships in Ukrainian ports and food supplies running low, the United Nations is pressing for their safe passage out of danger but security risks and disagreements are hobbling those efforts, maritime sources say. Russia’s military took control of waterways when …
Read More »FRENCH COURT ORDERS THE RELEASE OF RUSSIAN-OWNED BULKER
29 MAR 2022 A French court has ordered the release of the Russian bulk carrier Pola Ariake from the port of Lorient, where she has been held since early March. The Pola Ariake arrived at Lorient on February 27, three days after the start of the invasion of Ukraine. She is owned by …
Read More »HYUNDAI SUES EU OVER REJECTION OF SHIPBUILDING MERGER
28 MAR 2022 South Korea’s Hyundai Heavy Industries announced that it has filed a legal challenge to the European Commission’s decision earlier this year to block the planned merger of its shipbuilding operations with Daewoo Shipbuilding & Marine Engineering Co. Confirmation of the lawsuit came however as Hyundai said it …
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