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February 8, 2022
The two Crystal Cruises ships were seized in the Bahamas after a fuel supplier sought their arrest. . Read more at straitstimes.com.
May 5, 2021
Photo: moto moto sc - Unsplash Vaccination being made mandatory before joining ship is just one of the numerous challenges being faced by Indian seafarers as the Covid-19 pandemic threatens to overwhelm the country’s health infrastructure. Concerns over the availability of vaccines and waiting time are adding to the job uncertainty of seafarers. Shipowners have begun insisting on hiring crew who are vaccinated ahead of joining ships on their next contr...
February 19, 2021
Thai Airways announces staff cuts in desperate bid to avoid bankruptcy Sharon Marris, news reporter Thai Airways says it has cut around 240 executive positions as part of its bankruptcy restructuring process. © Reuters Thai Airways has been in trouble since 2012 but the pandemic has made its situation worse The airline said: "The number of executive positions has been reduced from 740 to about 500", also confirming that the number of supervisory levels would go from eight to ...
February 18, 2021
55 On March 2, Thai Airways will submit its business rehabilitation plan to the Central Bankruptcy Court. After that, in around May, the court will assemble Thai Airways creditors to vote on the plan. If a majority of creditors vote yes, the court will appoint rehabilitation plan administrators and Thai Airways will conduct its business according to the plan. If a majority of creditors vote no, Thai Airways will be declared bankrupt and will head towards liquidation. Originally, Thai Airways in...