Government control of marine traffic will most likely result in the formation of another state-owned entity.
The claim covers costs incurred by the US for clearing the entangled wreck and bridge debris from the navigable channel so the port could reopen.
“The engagement is critical in shaping the future of our maritime industry.” – Port manager Dennis Mqadi.
A staggering 80% did not report the incidents to authorities, with many unaware that this practice is illegal.
All FMC statutes and regulations remain in full effect in the event of terminal closures related to possible work stoppage.
MSC said the call to action had come just before the IMO’s Marine Environmental Protection Committee meeting at the end of September.
Four of the 12 vessels currently on order will be increased in size from 9 300 to approximately 11 700 CEUs.
While orders for other ocean carriers had increased by about 30%, dry bulk orders had declined by 50%.
Despite a strong focus on Southeast Asia, the Far East remains an exciting growth area for SACO, according to Von Flemming.
The legislation enshrines the provisions of the Maritime Labour Convention into Philippines national law.
A strike could disrupt operations at five of the ten busiest ports in North America.
Linerlytica reporting that global port congestion was at a two-year high at the beginning of September.
A shipbuilding broker has estimated that the cost per vessel will be around $215 million.
