P&O Ferries Head Apologizes For Firing 800 Seafarers; Declares Compensation To Everyone Sacked

P&O ferry

P&O has defended its decision to fire about 800 workers without prior notice. It further added that no offences were committed, a day after the firm declared a significant compensation package. After MPs asked for confirmation laws were not broken earlier this week, Peter Hebblethwaite, the chief executive mentioned that the vessels, which were involved, were registered outside the UK and relevant authorities had been notified.

However, in the House of Commons, Boris Johnson, UK’s PM, said that...

https://www.marineinsight.com/shipping-news/p-declares-compensation-to-everyone-sacked/

Brazil waives ethanol import tariff; US import arbitrage remains closed

The Brazilian government has waived until Dec. 31 its 18% import tariff for a handful of products, including ethanol and soybean oil, considered highly relevant to lowering inflation in the country. The waiver is aimed at reducing the inflationary impact of high international fuel prices after the...

https://www.hellenicshippingnews.com/brazil-waives-ethanol-import-tariff-us-import-arbitrage-remains-closed/

AD Ports revenue exceeds US$1 billion in 2021

AD Ports Group has achieved revenue growth of 14% year-on-year in 2021, reaching US$1.1 billion, which was mainly driven by volume growth, business diversification and new partnerships.

During the same period, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA), on a reported basis, rose to US$434 million compared to US$422 million in 2020, while its net profit reached US$230 million, over US$108 million during the previous year.

The total assets of the AD Ports...

https://container-news.com/ad-ports-revenue-exceeds-us1-billion-in-2021/

ABS Brings Together Northern European Maritime Leaders to Discuss the Latest Advances in Sustainability

More than 30 maritime industry leaders from across Denmark, Norway, Sweden and Finland attended the ABS Northern Europe Committee to hear about the latest ABS advancements in sustainability and classification services. “We are pioneering new sustainability strategies and services to support our clients and members through their decarbonization journey. Because the sustainability challenge is too …

The post ABS Brings Together Northern European Maritime Leaders to Discuss the Latest Advances in...

https://www.hellenicshippingnews.com/abs-brings-together-northern-european-maritime-leaders-to-discuss-the-latest-advances-in-sustainability/

Άπλετο ρωσικό φυσικό αέριο στην Κίνα

Το εμπόριο μεταξύ της Ρωσίας και της Κίνας ενισχύθηκε σημαντικά τον Φεβρουάριο του τρέχοντος έτους, με επίκεντρο την αγορά ενέργειας. Πιο συγκεκριμένα, η ενεργειακά «ακόρεστη» Κίνα αύξησε σημαντικά τις εισαγωγές ρωσικού υγροποιημένου φυσικού αερίου (LNG) σε σύγκριση με ένα έτος πριν.

Ειδικότερα, βάσει του Bloomberg, παρά τις αυξημένες τιμές και την πτώση της ζήτησης, η Κίνα εισήγαγε 4.011.000 τόνους LNG από τη Ρωσία, καθώς το Πεκίνο προσπαθεί να διαφοροποιήσει το χαρτοφυλάκιό του και να μειώσει...

https://www.naftikachronika.gr/2022/03/24/apleto-rosiko-fysiko-aerio-stin-kina/

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