shipping industry

Balearia to operate the Florida-Bahamas fast ferry route

Baleària Caribbean, Spanish shipping company,will provide a new fast-transport service between Fort Lauderdale (Florida) and the island of Bimini in the Bahamas. Baleària becomes the Resorts World Bimini official provider for both passengers and cargo. 

BPA welcomes government’s plans on establishing Freeports

Following the recent events where the British Government announced its plans on ten Freeports that will boost UK’s economic growth after the Brexit, the British Ports Association applauds the plan and highlights that the UK ports will be extremely benefited.

UK to create 10 Freeports boosting economy after Brexit

The UK Government announced its plan on establishing Freeports after Brexit, to boost the UK’s growth and ensure towns and cities across the UK benefit from Brexit trade opportunities, as British ports and airports will be invited to bid to become one of up to ten Freeports.

BPA welcomes £2.1 billion in case of no-deal Brexit

The recent events in the UK, saw UK Chancellor, Sajid Javid, announcing £2.1billion in extra funding to prepare Britain for a no-deal exit on October 31. Following the announcement, Richard Ballantyne, BPA Chief Executive, applauds the decision on the additional resources that will support the preparations.

Shipping industry concerned about proposed changes in Panama Canal tolls

The Panama Canal Authority is carrying out a public consultation regarding a proposal to adjust the Panama Canal tolls for container ships, vehicle carriers, dry bulk carriers, tankers, chemical carriers, LPG and LNG vessels, passenger vessels and small vessels. The new toll charges are expected to apply from January 1, 2020.

UAE and Iran representatives meet to discuss maritime security

Reuters reports that maritime security talks between Iran and the UAE were to begin on Tuesday, July 30, in light of the tension in the Strait of Hormuz, despite the fact that a Gulf official commented on the discussions as routine and technical.

Millennials to account for 75% of global workforce by 2025

According to Allianz, by as early as 2025, as much as 75% of the global workforce could be millennials, bringing a whole new set of demands and expectations on the modern workplace. What is most important, is the fact that they will also bring new digital skills and tech savviness that will be critical to transforming business.

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