The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have issued a joint call on behalf of seafarers to governments to facilitate the essential movement of seafarers and marine personnel.
The letter from the shipowners’ organisation and seafarers’ union to governments follows up on their dialogue with the G20, and the positive outcomes built on in the G20 Trade and Investment Ministers virtual meeting which took place on Monday, 30 March.
Guy...
In a major development, the International Chamber of Shipping (ICS) and International Association of Ports and Harbours (IAPH) have jointly called on G20 leaders to support the maritime sector and global supply chains from the impact of the novel coronavirus (COVID-19), reports Seatrade Maritime News
What is it?In an open letter to G20 leaders, the two organizations urged the importance of ensuring supply chains are kept open and maritime trade and transport continue moving.
“In this time of...
http://mfame.guru/ics-calls-for-coordinated-efforts-from-g20-to-tackle-covid19-disruptions/
The International Chamber of Shipping (ICS) and the International Association of Ports and Harbours (IAPH) have joined forces to call on G20 leaders to act quickly to protect global supply chains from the impact of COVID-19.
In an open letter the two organisations representing the global shipping industry and the world’s ports and harbours set out that:
“In this time of global crisis, it is more important than ever to keep supply chains open and maritime trade and transport moving. Leadership...
The International Chamber of Shipping (ICS) and the International Association of Ports and Harbours (IAPH) have joined forces to call on G20 leaders to act quickly to protect global supply chains from the impact of COVID-19.
In an...
Japan wants to make reducing the glut of plastic waste in the oceans a priority at the Group of 20 summit it is hosting this month as governments around the world crack down on such pollution.
Images of plastic debris-strewn beaches and dead animals with stomachs full of plastic have sparked outrage, with many countries, including more than two dozen in Africa, banning plastic bags outright.
The EU has voted to outlaw 10 single-use plastic items, including straws, forks and knives, by 2021. It...
Commentary: US-China trade war postponed
By Joergen Oerstroem Moeller in Singapore
On the side line of the G20 meeting at the beginning of December, US President Donald Trump and Chinese President Xi Jinping agreed to suspend announced tariff increases for 90 days – from 1 January to 1 April 2019 – while undertaking negotiations to avoid a trade war. In the light of the US midterm election results, Trump is turning his attention towards retaining the presidency in 2020. It may be best for him to...
http://www.allaboutshipping.co.uk/2018/12/21/us-china-trade-war-postponed-a-year-in-review/
By Mark Sobel in Washington
Monday 3 December 2018
Another year, another G20 leaders’ summit. But memories of Buenos Aires may last longer than for some other G20 meetings. President Donald Trump behaved well. Expectations were exceeded insofar as worse outcomes were averted. There was actually a communiqué. President Mauricio Macri’s disappointing year – in which Argentina rather than seizing the spotlight fell into crisis – may be...
http://www.allaboutshipping.co.uk/2018/12/03/low-expectations-modest-victory/
John Faraclas
The BDI (Baltic Dry Index) lost 49 points earlier on today “thanks” to the Capes, the culprits of the Dry Market. Geopolitics couldn’t be more perplexed; John Faraclas’ daily recap:
Another triple-digit loss for the Capes with the BCI down at 1,950 points – down 171 point losing also the 2,000 point-threshold!
The Panamaxes’ BPI gained 11 points and now stand at 1,455; not bad…
The Supras’ BSI clinched three points after a continuous fall and now read 945…
One point lost for the...
http://www.allaboutshipping.co.uk/2018/11/29/the-bdi1281-think-the-unthinkable/
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: All eyes are on the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Argentina late on Saturday which will aim at resolving the trade dispute between the two countries. Awaiting the outcome of the meeting, Asian bourses ended mixed earlier today and major European bourses opened slightly lower. The November FOMC minutes that were released yesterday supported the...
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Trade woes linger ahead of the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping on 1 December, on the sidelines of the G20 summit in Argentina. Adding to the above, a media report conveyed that the US President could impose a 25% customs duty on car imports from all countries except Canada and Mexico as early as next week after the G20 meeting. Against this background, core government bonds retained a...