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PETALING JAYA: Datuk Seri Dr Wee Ka Siong on Thursday (Oct 14) chaired a meeting with leaders from the International Chamber of Shipping (ICS) and BIMCO immediately after landing in London for a working visit.
LONDON (Reuters) - There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday.
ISMAILIA, Egypt (Bloomberg): Ships are beginning costly and time-consuming detours around Africa with the Suez Canal still blocked by a massive container vessel, as concerns mount that a complex rescue mission could extend into weeks.
SHANGHAI/LONDON: The shipping industry tends to do badly when Chinese demand disappoints, but the outbreak of the coronavirus has done more than just damage the amount of cargo that needs to be transported. It’s also preventing many owners from making their ships commercially viable.
LONDON (Reuters) - Shipping associations have called on ship owners to inform Britain's navy of their movements before sailing into the Middle East Gulf and Strait of Hormuz because of the escalating international crisis in the region.
LONDON: Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels.
SHANGHAI: Three ships chartered to Hanjin Shipping Co Ltd have been sold, the first of dozens of vessels expected to be hawked following the failure of the world's seventh largest container shipper.
LONDON (Reuters) - Pirate gangs in West Africa are switching to kidnapping sailors and demanding ransom rather than stealing oil cargoes as low oil prices have made crude harder to sell and less profitable, shipping officials said on Tuesday.