More passenger flight suspensions have created a capacity crunch for intra-Asia air cargo, and as freight rates skyrocket airlines consider using passenger aircraft for cargo-only services.Due to the coronavirus and new travel restrictions, Cathay Pacific announced today the temporary withdrawal of passenger flights between Hong Kong, Japan and Taiwan – the latest in a long list of suspensions that led the carrier to ground half its fleet.Flights between Hong Kong and Fukuoka, Nagoya, Sapporo, Tokyo, and Osaka are affected; as well as those between Taipei and Tokyo and Osaka.“Although we expect our passenger belly cargo operations to be impacted, we are evaluating how to continue serving our cargo customers to and from Japan,” Cathay said. By Sam Whelan 09/03/2020 “This includes the retention of certain passenger services for cargo carriage only.”Rickard Ingvarsson, Asia chief executive and global head of airfreight at Scan Global Logistics (SGL), said freight rates within Asia were “extremely volatile” because of the airline capacity adjustments.He told The Loadstar: “Intra-Asia has been heavily impacted with travel bans and restrictions, leading to capacity cuts of between 50% and 70%. As a result, rates are going up a few hundred percent overnight.“Hi-tech, pharma, retail, automotive and e-commerce are the most affected, and another critical challenge is the lack of raw materials for factories in South-east Asia.”Capacity out of China is still very scarce, Mr Ingvarsson added, with up to 70% fewer flights operating since the virus outbreak on the biggest tradelanes of intra-Asia, Europe and US.“About 5,000 tons, or equivalent to 50 747Fs of daily capacity has been pulled, creating a shortage of supply and a spike in airfreight rates on most destinations.“Some of the larger commercial carriers have pushed back the resume date to end of April, due to the further spread of Covid-19 virus.”While freighters have been operating throughout the crisis, mostly carrying medical aid and supplies into China, they only recently started exporting goods on return flights to US and Europe, according to Mr Ingvarsson.“Although factory workers and factories have resumed worked, they are still running at low pace, hence peak times are expected to happen in coming weeks, should there be no shortage of raw materials – which is another big concern,” he explained.SGL expects the volatile market of high freight rates and lengthy waiting times for cargo out of China to continue until next month. Therefore, the forwarder is recommending alternative transport routes.“We suggest customers consider ocean freight, rail freight, sea-air freight and even road freight, such as China-ASEAN cross-border trucks to diversify the risk.“It is anticipated that surging demand of rail freight will also drive rate increases. In the meantime, more and more charter flight services will be launched in the market to soften demand,” said Mr Ingvarsson.
Advertisements RelatedPress Release from Party Leader on Election Results FacebookTwitterWhatsAppEmail As I indicated in an address to Party supporters at the People’s National Party’s Headquarters last night, I would today state my position on the close preliminary results of yesterday’s general election and other electoral and constitutional issues. The determination of the constitutional issues by the court, as well as the final count in all seats could have a bearing on the outcome of this election.The People’s National Party accepts the announced preliminary results, while reserving all legal rights under the Jamaican constitution and our electoral laws.The People’s National Party, as part of its highest traditions, respects and will always respect the voice of the Jamaican people and their will, as expressed in the vote.Thank you for the overwhelming support that you have given the People’s National Party in the General Elections of 3rd September, 2007.The Most Honourable Portia Simpson MillerPresident of the People’s National Party RelatedPress Release from Party Leader on Election Results Press Release from Party Leader on Election Results UncategorizedSeptember 4, 2007 RelatedPress Release from Party Leader on Election Results
Achievement of Deficit Target a Credit to Government -Shaw UncategorizedApril 13, 2008 RelatedAchievement of Deficit Target a Credit to Government -Shaw RelatedAchievement of Deficit Target a Credit to Government -Shaw Advertisements RelatedAchievement of Deficit Target a Credit to Government -Shaw FacebookTwitterWhatsAppEmail Minister of Finance and the Public Service, Audley Shaw, has said that the Government’s achievement of the fiscal deficit target for the 2007/08 financial year is demonstrative of its capacity to set credible targets.Speaking at a post-Budget Debate press conference at the Ministry’s Heroes Circle offices in Kingston on Friday (April 11), Mr. Shaw said the achievement of a 4.7 per cent deficit from a target of 5.5 per cent “is a significant event, because it means that our first time out, our first deficit target that has been set has been achieved”.“The first thing we did (on assuming office) was to revise the (fiscal) target for last year from 4.5 per cent to 5.5 per cent. If we did not take the strong corrective action that we did, in terms of cutting expenditure and ramping up revenue, it would have gone to seven per cent,” Mr. Shaw told journalists.“Markets here and abroad are going to appreciate that already, seven months out of the gate, we are demonstrating our capacity to set credible targets,” he stated.Regarding the 4.5 per cent target set for 2008/09, Mr. Shaw said that this is “a conservative estimate”. “We rather set a target and beat it, than set a target and overshoot it by a hundred per cent,” he reasoned.Opening the Budget Debate in the House of Representatives on Thursday (April 10), Mr. Shaw said that a three-year programme is being developed, through which the Government aims to achieve a balanced budget by fiscal year 2010/11.He said that achieving the 2008/09 target will require “strong due diligence” in terms of properly managing the budget, and at the same time ensuring that the economy was growing.“That is what the Prime Minister is focusing on through (the Ministry of) Industry, Commerce and Investment, a well as through the planning and development section of the Office of the Prime Minister. These (activities) along with ramped up agricultural production for food security, are going to be the sort of panorama against which we are going to grow the economy and let debt become a receding issue,” Mr. Shaw stated.
MAIB Investigation Support and Data Manager – Southampton Your responsibilities will include but not be limited to:managing the provision of support to four teams of accident inspectors to include carrying out some operational support duties as part of a rota with the other Investigation Support Officers.ensuring the quality of accident data recorded within our case management system, as well as the information and statistics to be provided to internal and external stakeholders.working with the Database Support Officer to maintain the integrity of the data held and managing the process whereby it is retrieved.We are looking for someone who:will bring strong leadership skills to this role. Having the ability to coach and mentor your team, ensuring that all strategic objectives are met and the quality of standards continue to improve.has an analytical mind and is solutions focused. You will be comfortable working with data, you will have the ability to explain complex, technical information in a non-technical, easy-to-understand way, using your skills to provide your recommendations on improvements to systems. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:accident, Government, investigation, quality, statistics, UK, UK Government
More funding for feral pest control supports regions Minister for Agricultural Industry Development and Fisheries and Minister for Rural Communities The Honourable Mark FurnerCash grants worth $1.4 million for getting rid of feral pests are now available under Round 6 of the Queensland Feral Pest Initiative (QFPI).Minister for Agricultural Industry Development and Fisheries and Minister for Rural Communities Mark Furner said the funding was critical to supporting the agriculturfe sector throughout regional Queensland.“We have backed regional Queensland to succeed, and the success of our agricultural sector is a critical part of Queensland’s plan for economic recovery,” Mr Furner said.“This funding will increase the capacity of local governments to manage the feral pests that are a problem for farmers in their communities.”Mr Furner said through the QFPI, the Queensland Government had now committed $24.74 million over five years to support the construction of cluster fencing and the control of invasive plants and animals.“This investment has been complemented by a $14 million investment from the Federal Government,” he said.“This latest round aims to support local authorities and organisations in taking on more of their biosecurity responsibility by building their capacity to manage pest plants and animals.“There is also fundng specifically for local governments to continue coordinated 1080 baiting programs. This is open to local governments that were previously supplied from the DAF-managed 1080 stockpile.”To apply for QFPI Round 6 grants, visit www.daf.qld.gov.au or call the Department of Agriculture and Fisheries on 13 25 23. Applications close 28 April 2021.Mr Furner said as with previous rounds, these grants would reduce the impact of feral pests while creating jobs in the regions and underpinning the Queensland Government’s Unite and Recover Queensland Economic Recovery Package. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Agriculture, Australia, biosecurity, building, Federal, federal government, Fisheries, Furner, Government, Impact, industry, Investment, Minister, pest control, QLD, Queensland, Rural Communities, visit
RelatedCARICOM demands halt to passage of hazardous waste through Caribbean Sea The full text of the Statement reads as follows: It has been brought to the attention of the Caribbean Community (CARICOM) that a new shipment of Vitrified High Level Waste will, this week, leave the United Kingdom for Japan transiting the Caribbean Sea. CARICOM remains immutable in its opposition to the passage of shipments of radioactive material through the Caribbean Sea, the rich but fragile ecosystem which is recognised by the United Nations as a Special Area in the context of Sustainable Development. The environmental, socio-economic and cultural identity of CARICOM is dependent on the integrity of the Sea from which the Region takes its name. CARICOM vehemently condemns as unacceptable and injurious, the practice by the United Kingdom, France and Japan of transporting hazardous waste through the Caribbean Sea, thus risking the very existence of the People of the Caribbean. This ongoing practice is intolerable to the People and Governments of CARICOM. The Community urges all those involved in making these shipments, to halt them immediately. RelatedCARICOM demands halt to passage of hazardous waste through Caribbean Sea CARICOM demands halt to passage of hazardous waste through Caribbean Sea EnvironmentJuly 20, 2011 FacebookTwitterWhatsAppEmail (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) — Chairman of the Caribbean Community CARICOM, Hon. Dr. Denzil Douglas, Prime Minister of St. Kitts and Nevis has called for an immediate halt to the transit of radioactive material through the Caribbean Sea; a practice he said is “unacceptable and injurious.” In a statement condemning the practice, Dr. Denzil Douglas said that it has become intolerable to the governments and people of the Caribbean, as it compromises its rich but fragile ecosystem, and puts at risk “the very existence of the People of the Caribbean of the Region” The call to halt the transit of the waste through the Caribbean Sea has come in the wake of a new shipment of Vitrified High Level Waste that will leave the United Kingdom, this week, for Japan through the Caribbean. Dr. Douglas said that CARICOM remains immutable in its opposition to the passage of shipments of such material through the Caribbean Sea, which is recognised by the United Nations as a Special Area in the context of Sustainable Development. RelatedCARICOM demands halt to passage of hazardous waste through Caribbean Sea Advertisements
HomeNewsEducationStudents speak in effort to save wrestling program Mar. 11, 2020 at 6:00 amEducationFeaturedNewsSportsStudentsStudents speak in effort to save wrestling programBrennon Dixson1 year agoboard of educationSanta Monica-Malibu Unified School DistrictStudentswrestlingFile image With dozens of layoff notices expected to be handed out to local educators by the conclusion of this week, many community members have expressed concerns about their children’s future educational opportunities.No notices have been officially handed out to teachers yet, but the Santa Monica-Malibu Unified School District’s Board of Education has taken more than one of the necessary steps to do so soon. In fact, a recent communication forwarded to the district’s board lists more than 50 employees who could soon receive notice that their services are no longer needed.In response to the potential losses, nearly 100 community members have taken the podium at various board meetings in recent weeks to persuade district leaders to find a way to keep its educators. Some of these speakers include members of Samohi’s wrestling team, who emotionally shared why their beloved coach and teacher should not receive a pink slip.At the start of the season, the local wrestling team eagerly discussed how Jason Mun found his way to the local high school. With smiles and laughs, wrestlers shared how the program, which was at one time in danger of being cut, was growing and hoping for a championship run. In February, their smiles had faded as the team spoke to a room full of attendees and the district’s board.Senior Jonathan Zhang was the first athlete to take the podium during the meeting to share how instrumental Coach Mun has been in his peers’ lives.“Despite being a “skinny, nerdy, Asian kid… Coach mun still welcomed me to the team to come and train with the team. He didn’t stress wins and losses but instead wanted me to focus on my own personal growth,” Zhang said. “From him, I have gained more confidence in myself and have become stronger — both physically and mentally… Without wrestling and coach Mun, I would not have been able to have been accepted into the UC Irvine honors program or received a letter of invitation from the chancellor at UC Santa Barbara.”Kristena Nichols, a junior on Samohi’s team, agreed with her teammates’ sentiments when she took the podium a few minutes later. Like her peers who would later join her, Nichols shared how she has grown as a student and athlete under Mun’s guidance.“I didn’t come to Samo until my Sophomore year so I didn’t know anyone when I came last year. My first class was taught by Coach Mun,” who immediately welcomed me to the team and helped me in-and-out of the classroom, Nichols said. “For me, wrestling has made a huge impact on my high school experience,” and it’s likely others would say the same.“I’m on my way out but I leave behind a bunch of great kids who are preparing for the next season — whose dreams of being a champion are still in reach, ” senior Ian Gomez added. “They need Coach Mun to get them there. Please don’t take this (team) away from them.”The group’s remarks went unaddressed since the board is unable to respond to speakers about public comments. When district staff was later asked about the status of the coach and Engish teacher, they said SMMUSD cannot comment on personnel issues. But it was mentioned that the Samohi wrestling program will continue with its current [email protected] :board of educationSanta Monica-Malibu Unified School DistrictStudentswrestlingshare on Facebookshare on Twitteradd a commentLocal businesses participate in annual Yarn CrawlSanta Monica allows housing projects to bypass lengthy approval processYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall6 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor17 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press17 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press17 hours agoNewsCouncil picks new City ManagerBrennon Dixson17 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter17 hours ago
By News Highland – August 10, 2020 Facebook Public consultation launched on future of Ards Friary News, Sport and Obituaries on Monday May 24th Twitter Google+ Google+ WhatsApp Twitter Loganair’s new Derry – Liverpool air service takes off from CODA Previous articleReopening work well underway at LYITNext articleJuly Stimulus Package: Donegal facilities to share over €230,000 News Highland Facebook People are being encouraged to take part in a public consultation on the future of Ards Friary. The iconic amenity, located on the outskirts of Creeslough, is situated on a vast site with various proposals now on the table as to how some of the land can be utilised going forward.A farmyard, located at the back of the main building, is currently not in use with hopes that it could be developed into a museum, commemorating the Capuchin monks, who have lived there since 1930.Guardian of Ards Friary Father Philip Baxter is leading out on the consultation:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/08/ardfrsdfdfgdfgdfiary1pm-2.wav00:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. RELATED ARTICLESMORE FROM AUTHOR Pinterest WhatsApp Important message for people attending LUH’s INR clinic Pinterest Arranmore progress and potential flagged as population grows AudioHomepage BannerNews Nine til Noon Show – Listen back to Monday’s Programme Community Enhancement Programme open for applications
Facebook Google+ Previous articleFarmers plead with Government for promised low-cost loansNext articleFuneral takes place of young man who died in Bundoran crash News Highland Disruption to cancer service will increase mortality – Oncologist 45 new social homes to be built in Dungloe By News Highland – August 22, 2018 Pinterest Hospitalisations rise as Donnelly suggests masks will stay ’til autumn WhatsApp Facebook Twitter Donegal hoteliers enjoy morale boost as bookings increase Consultation launched on proposal to limit HGV traffic in Clady Journey home will be easier – Paul Hegarty AudioHomepage BannerNews Twitter Over 2300 LUH patients wait over 18 months over treatment WhatsApp RELATED ARTICLESMORE FROM AUTHOR It’s been revealed that 2351 patients at Letterkenny University Hospital have been waiting over a year and a half for outpatient treatment at the hospital.The figures from the National Treatment Purchase Fund for July, show that the number of people waiting in excess of 18 months to see a consultant have increased every month since the start of 2018, up 25% since January.Donegal Deputy Pearse Doherty says these latest figures are a wake-up call for Government as the ever deepening health care crisis continues:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/08/peasdffgdfgrseweb.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Google+ Pinterest
Credit rating agency Moody’s has characterised container shipping’s problem as a combination of “high cyclicality”, exacerbated by “fierce competition between the main players” and “high reliance on short-term contracts”. Together, these factors conspire to prevent the sector achieving any form of sustainable profitability.These concerns were underlined on Friday, when OOCL– one of container shipping’s most carefully run businesses – announced its third-quarter 2013 operational update, which stated that revenues across its four major tradelanes declined by 10% against Q3 2012.Total carryings fell by just under 1%, with increases in intra-Asian and transatlantic volumes dragged back by declines in the transpacific and Asia-Europe segments. Volumes on Asia-Europe were down 14%, with revenue falling 22.4%.Moody’s analysis of the malaise in container shipping came as it announced an upgrade of CMA CGM’s corporate debt rating from B3 to B2 (stable outlook} – although the French carrier remains in the “highly speculative” classification of the rating agency. By Mike Wackett 28/10/2013 Indeed, CMA CGM shares the classification with Germany’s Hapag-Lloyd, while rival agency Standard & Poor’s also includes Chilean carrier CSAV in this sector.Meanwhile, Israeli carrier Zim Lines’ long-term debt rating is listed as a “substantial risk” by S&P. Even AP Moller-Maersk’s highly profitable container shipping arm only secures a lower-medium grade risk rating from Moody’s and S&P – Baa1 and BBB+, respectively.In the second quarter this year, Maersk Line and CMA CGM were the only major carriers – of those that declare their results – to post a significant net profit, with the former recording a bottom line profit of $439m and CMA CGM chalking up a positive $268m.Analyst Macquarie commented that the Danish carrier’s Q2 result was “little short of spectacular”, while CMA CGM’s numbers were buoyed by the sale of 49% of its Terminal Link business to China Merchants for $528m and a $150m mandatory convertible bond subscription by the French government’s Fonds Strategique d’Investissement.Moody’s acknowledged that the asset sale and investment in June – the final part of its restructuring – had strengthened CMA CGM’s liquidity position. And it classified the Marseilles-headquartered company as “one of the most efficient” in the sector, because of its “successful attempts to improve its cost structure” and reduce its $5.7bn debt mountain.But most of Maersk and CMA CGM’s rivals that posted half-year losses will be staring down the barrel of a red-ink-stained year, as the inherent volatility referred to by Moody’s again swung against carriers plying the world’s major trade lanes in the third quarter of 2013.The dire financial position of ocean carriers explains the 1 November $900-$1,000 rate hike on the key Asia-North Europe tradelane, underpinned by the cancelling of a number of westbound voyages.