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 …
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