Latest news and articles about shipping sector from NEX English
Tio Seong Sing, the CEO of Pacifc International, has announced an extension of his absence to include roles at the National University of Singapore and other companies. This decision follows allegations from the U.S. Department of Justice regarding a conspiracy to restrict production and set container prices.
The International Federation of Freight Forwarders held a virtual seminar initiated by the Qatar Chamber, focusing on legal, insurance, and operational risk management during disruptions. The event saw wide participation from experts and specialists in the sector.
Malaysian Transport Minister Anthony Loke announced that there have been no disruptions in the aviation and shipping sectors so far, despite rising fuel costs due to tensions between the United States and Iran.