Houthi attacks on shipping in the Gulf of Aden and the Red Sea have driven calls to the UK’s Maritime Trade Operations (UKMTO), which functions as the area’s maritime ‘9-1-1,’ according to a report in the Wall Street Journal. Since the beginning of Houthi attacks on international shipping last year, calls to the UKMTO … Read more
President-elect Donald Trump has expressed interest in taking the US Postal Service private as the federal agency hemorrhages billions of dollars, according to a report. He’s discussed the issue with Howard Lutnick, his pick for commerce secretary, at his Mar-a-Lago residence in Palm Beach, Fla., The Washington Post reported, citing three people with knowledge of … Read more
Using sailing ships to move cargo may be making a comeback. These days, eco-friendly watercraft are equipped with the latest technology. Elena Wolf has the story, narrated by Anna Rice. Camera: Max Avloshenko Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the … Read more
Denmark’s navy said it was shadowing the ship, which is currently anchored in international waters between Denmark and Sweden. “From the Swedish side, we have had contact with the ship and China and stated that we want the ship to move towards Swedish waters,” Prime Minister Ulf Kristersson said Tuesday, while stressing that he was … Read more
The government is looking to pass 16 bills in the winter session of Parliament, which began on Monday, with a key focus on changes to banking, shipping, aviation and energy sectors. Here is a look at the key economic bills likely to be taken up: Banking and Aviation Oilfields (Regulation and Development) Amendment Bill, 2024 … Read more
UNILATERAL, BUT CARRY WEIGHT “Unlike United Nations’ sanctions, US sanctions are unilateral,” explained S Rajaratnam School of International Studies research fellow Muhammad Faizal Abdul Rahman. “But they carry significant weight as the US is the largest economy in the world by GDP (gross domestic product) and it is the global power that dominates the international … Read more
The dockworker strike across the East and Gulf Coast ports is over — for now. The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) are going back to work Friday after unveiling that they reached a tentative agreement on wages and agreed to extend their current master contract until Jan. 15. With … Read more
On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company noticed an unusual email had landed in his personal inbox. The message, which was also sent to the manager’s business email address, warned that one of the company’s vessels traveling through the Red Sea was at … Read more
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks. The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight, … Read more
Under the proposed legislation, which was scrutinized at a Cabinet meeting in Rome on Friday and is set to be approved next week, search-and-rescue aircraft departing or landing in Italy must inform the authorities of any emergency immediately and follow their instructions. Failure to comply could lead to fines, seizure or confiscation of the aircraft. … Read more
