City of London says COVID is masking Brexit hit on finance
Getting ahead in global finance after Brexit needs sustained British government impetus, the City of London’s policy chief said on Wednesday, adding that COVID-19 may be masking some of the…
IMF lists five threats to global economy in 2022
The global economy recovered strongly in 2021 from its pandemic lows, only to lose some of its steam in the second half thanks to fresh pandemic outbreaks, supply chain bottlenecks,…
Greece tops vote in IMO Council elections
Greece’s significant role in leading world shipping was evident when it topped the poll in elections to the Council of the International Maritime Organisation IMO in the for the 2022-23…
WHO, ILO form Action Group to protect workers’ rights, ease supply chain congestion
World Health Organisation Director-General Dr Tedros Ghebreyesus and International Labour Organisation ILO Director-General Guy Ryder have confirmed that their organisations will form an Action Group “as a matter of urgency”…
COVID-19: Singapore suspends crew change for arrivals from six African nations
Singapore has suspended crew change and vaccination of seafarers with recent travel history to six southern African nations over fears concerning the Omicron variant. In what the Maritime & Port…
IMO’s MEP Committee moves to end pollution, plastic litters
Secretary-General of IMO, Kitack Lim The International Maritime Organisation IMO in view of the urgency for all sectors to accelerate their efforts to reduce GHG emissions as emphasised in the…
COVID-19: Omicron variant could deal worse blow on supply chain-Report
The crisis may not yet be over, as the Omicron variant could deal another blow to supply chains. Ports and companies have been battling the global supply chain crisis since…
COVID-19: ‘China’s seven- week quarantines for cargo ship crew, bad for supply chain’
Some seafarers China’s strict COVID-19 quarantines are making it difficult for ships to change crews, contributing to lags in the shipping process that could worsen the supply chain crisis. The…
Oil down $10/bbl in largest daily drop since April
Oil prices plunged $10 a barrel on Friday, its largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a…
Singapore pledges at least 12,000 vaccine doses for seafarers
Singapore is making available at least 12,000 vaccine doses for international seafarers for the next phase of its crew vaccination programme. Singapore started vaccinating non-resident seafarers its Sea Crew Vaccination…
