Tony Sanchez

Strike suspended at Heathrow Airport as new pay offer made to 4,000 staff

Posted By Tony Sanchez / Airport / 0 Comments

August 14, 2019 UK trade union Unite says strike action proposed for 23-24 August at Heathrow Airport has been suspended after a new pay offer has been made to workers. The union adds that the ballot on the revised pay offer made by Heathrow Airport Ltd (HAL) to over 4,000 security, airside operations and passenger […]

Australia On Track to Become World’s Largest LNG Exporter

Posted By Tony Sanchez / Cargo News / 0 Comments

August 14, 2019 Australia could soon surpass Qatar as the world’s largest liquefied natural gas (LNG) exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS). Australia already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019. Within the next year, as Australia’s newly commissioned […]

Yang Ming Posts Loss Despite Growing Revenues

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 14, 2019 Driven by market challenges in container shipping, Taiwanese shipping company Yang Ming Marine Transport Corporation closed the first half of this year with a net loss. The company suffered a net loss of TWD 1.95 billion (USD 62.94 million), compared to a net loss of TWD 5.76 billion seen in the corresponding […]

Team Tankers Sells Three Units, Widens Second Quarter Loss

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 14, 2019 Chemical tanker operator Team Tankers International has revealed its deals to dispose of three vessels for a total of USD 24.9 million. In May 2019, the company agreed to sell the 13,079 dwt Sichem Paris. The 2008-built vessel was renamed Masagana and delivered to its new owner in July. It was time-chartered […]

Hong Kong airport halts check-ins as U.N. urges restraint over protests

Posted By Tony Sanchez / Airport / 0 Comments

August 13, 2019 Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil as its stockmarket fell to a seven-month low, and its leader said it had been pushed into a state of “panic and chaos”. The United Nations High Commissioner for Human Rights also […]

Weak cargo volumes push John Menzies into losses

Posted By Tony Sanchez / Logistics Company / 0 Comments

August 13, 2019 John Menzies has fallen into losses in the first half of 2019 due to weaker cargo volumes and the grounding of Boeing 737 MAXs. Losses in the first half amounted to £4.4 million compared to a profit of £8.3 million in 2018, though revenue increased from £627.2 million last year to £649.9 […]

MSC Ship Fined for Violating Speed Limit in Canada

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

August 13, 2019 Transport Canada has issued a CAD 12,000 (about USD 9,000) penalty to a containership operated by Swiss Mediterranean Shipping Company (MSC) and five other fines to vessels for non-compliance with the temporary mandatory slow down in the Gulf of St. Lawrence. Specifically, the Panamax boxship MSC Diego was fined for not respecting […]

Norway: New Study Confirms Scrubbers Would Aid Global CO2 Reduction

Posted By Tony Sanchez / environment / 0 Comments

August 13, 2019 Using scrubbers while burning residual fuels would help reduce global CO2 levels, a new study published by Norwegian researchers confirmed. The continued use of heavy fuel oil with an exhaust gas cleaning system (EGCS) is the most environmentally beneficial means of meeting global greenhouse gas (GHG) emissions targets, Chief Scientist Dr. Elizabeth […]

Oman, Hormuz Straits Designated as Extended Risk Zone

Posted By Tony Sanchez / Cargo News / 0 Comments

August 13, 2019 Following the incidents in the Gulf of Oman, and specifically the Strait of Hormuz, over the past 12 weeks, the International Bargaining Forum (IBF) has designated the Straits as a Temporary Extended Risk Zone. This means that seafarers who are subject to an attack in the zone, are entitled to a bonus […]

Hong Kong airport authority cancels all flights for Monday

Posted By Tony Sanchez / Airport / 0 Comments

August 12, 2019 Hong Kong’s Airport Authority has canceled all flights not yet checked in by Monday afternoon, the agency said, as anti-government protesters peacefully demonstrated at the airport for a fourth day. “Other than departure flights that have completed the check- in process and the arrival flights already heading to Hong Kong, all other […]