Market losses: BDI@2,484; more mess in Ukraine whilst Covid spreads…

John Faraclas

The BDI (Baltic Dry Index) lost 60 points since last Friday the 25h of March as well as the 2,500 points threshold. Brace for Ukraine as the despicable mess continues. Covid’s spreading will cause more mess… John Faraclas brief daily recap:

The Capes’ BCI lost 153 and now stands at 1,734 losing also the 1,800 points threshold…

Minimal “gains” for the Panamaxes’ BPI now at 3,146 – up three points…

Supras’ BSI lost the 3,000 points threshold; down 29 at 2,991…

Handies the …quite winner...

https://allaboutshipping.co.uk/2022/03/28/market-losses-bdi2484-more-mess-in-ukraine-whilst-covid-spreads/

RMT in talks today to reverse P&O illegal sacking of crew

General Secretary Mick Lynch said:

“RMT is meeting with DFDS, Stena and the DfT today to discuss the ongoing crisis from P&O’s illegal dismissal of its crews.

“P&O need to immediately withdraw the false and arbitrary deadline for staff sign-up this Thursday 31st. The sacked workers have to be reinstated and we need regulation and legislation to secure UK-based seafarers’ jobs and agreed contracts of employment.”

The post RMT in talks today to reverse P&O illegal sacking of crew appeared first on Al...

https://allaboutshipping.co.uk/2022/03/28/rmt-in-talks-today-to-reverse-po-illegal-sacking-of-crew/

Union for safety inspectors joins Nautilus International in P&O Ferries Campaign

Prospect, the trade union that represents surveyors working at the Maritime and Coastguard Agency (MCA), has joined with Nautilus International in calling for the MCA to ward off potential disaster by performing rigorous inspections before P&O Ferries vessels are permitted to sail.

In a safety critical industry such as shipping, the importance of a competent, well trained, experienced crew cannot be overstated. This is even more the case in a company such as P&O Ferries where – in addition to...

https://allaboutshipping.co.uk/2022/03/25/union-for-safety-inspectors-joins-nautilus-international-in-po-ferries-campaign/

RMT response to P&O CEO comments

RMT calls for Government to issue immediate injunction to prevent PO ships from sailing and to ensure reinstatement of sacked workers as MPs are told of widespread law breaking.

RMT general secretary Mick Lynch said:

“In light of evidence given today by lawyers to MPs, that there have been multiple breaches of the law and the admission of the P&O Chief Executive Peter Hebblethwaite, that the company not only broke the law but would do it again, we are calling for the government to issue a...

https://allaboutshipping.co.uk/2022/03/24/rmt-response-to-po-ceo-comments/

Nautilus International responds to the statement by P&O Ferries

Today P&O Ferries issued a press statement setting out the extent of the compensation package it is offering to its former employees unceremoniously and brutally sacked by pre-recorded video message on Thursday 17th March.

It has taken the company five days to come out in the open with an explanation – of sorts, but not an explanation of its outrageous and illegal actions but an admission of guilt; guilt that it intends to swipe aside with cash. P&O Ferries shameless actions now extend to trying...

https://allaboutshipping.co.uk/2022/03/22/nautilus-international-responds-to-the-statement-by-po-ferries/

RMT exposes the bullying truth behind P&O “staff package”

Maritime Union RMT tonight slammed what it described as a “disgusting statement” from P&O Ferries trying to justify one of the most shameful acts by any employer in recent history

Sacked seafarers have been basically told that if they don’t sign up to be gagged by a non-disclosure agreements you not only lose your job you lose money as well. This is from an organisation which has received millions from the taxpayer to support furlough payments and whose parent company DP world paid out vast sums...

https://allaboutshipping.co.uk/2022/03/22/rmt-exposes-the-bullying-truth-behind-po-staff-package/

DB World refuse to meet delegation

RMT General Secretary Mick Lynch

P&O owners DB World refuse to meet delegation of union leaders over jobs carve up

Unions accused P&O of treating their members with complete contempt after their owners, DB World, refused to meet ‎the general secretaries of RMT, Nautilus and the TUC who were attending a protest at their headquarters this lunchtime.

RMT General Secretary Mick Lynch said;

“This company are quite happy to sack our members by Zoom but they are not prepared to meet us face to face. That...

https://allaboutshipping.co.uk/2022/03/21/db-world-refuse-to-meet-delegation/

New crew on P&O ships

New crew on P&O ships will be paid at rates well below minimum wage says RMT

In another shocking twist to the national P&O scandal transport union RMT has said that in the future replacement crew on P&O ships will be paid poverty wages below the National Minimum Wage.

The union have supported their claim by pointing to the example of the two P&O ships on the Liverpool-Dublin route which have been crewed with Filipino Ratings who were on contracts which paid a basic rate of $3.47 per hour.

Shipping...

https://allaboutshipping.co.uk/2022/03/20/new-crew-on-po-ships/

P&O Crisis

P&O Crisis – RMT calls for four-point plan to protect jobs, services and basic employment standards as it’s revealed government knew of intention to sack workers and disrupt services but failed to act

On the day of demonstrations around the country RMT has called for the implementation of a four-point plan to protect jobs, services and basic employment standards as it’s revealed the government knew of the plan to sack workers and disrupt services the day before but failed to act. 

The plan...

https://allaboutshipping.co.uk/2022/03/18/po-crisis/

Mass redundancies at P&O highlight devastation wreaked by Covid on travel industry

Susannah Streeter

17 March 2022 – Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’The shock announcement of mass redundancies at P&O, as the company struggles with deep losses is another reminder of the devastation Covid has wreaked on the travel industry. From airlines to cruise companies, hotel chains to tour operators, it’s been a hugely challenging two years, with many companies faced with taking on a huge burden of extra debt to try and stay in business.

P&O...

https://allaboutshipping.co.uk/2022/03/17/mass-redundancies-at-po-highlight-devastation-wreaked-by-covid-on-travel-industry/