2020 was a challenging year across the globe, with Covid-19 impacting innumerable economies, industries, livelihoods and lives.
Pennant was certainly not immune to the pandemic s effects and in the Group s Interim Results statement published last September, I reported that the first half of the year had been challenging, with Covid-19 having a significant impact on revenues across the Group which resulted in an underlying EBITA loss of
£2.0m for the period.
However, I am pleased to report that, as anticipated, the Group s performance materially improved in the second half, to produce an underlying EBITA profit of
£1.0m for the six months ended
Alianza entre Grupo Núcleo y ADATA canal-ar.com.ar - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canal-ar.com.ar Daily Mail and Mail on Sunday newspapers.
Stranded Container Ship Opens the Door for More Problems as General Average Declared
Freight Forwarding Association Boss Advises Members on Liabilities
UK – EGYPT – WORLDWIDE – As the dust, or rather the sand, settles on the blockage of the Suez Canal for six days last week so the operators of the vessel involved, Evergreen Marine Corp, announced a General Average, prompting the most influential of the UK professional bodies involved to remind its members of the necessary course of action they need to take.
Virtually every freight forwarding agency worthy of the title trades in such cases under the terms of the British International Freight Association (BIFA) and the organisation reminds members there is, incorporated in the BIFA Standard Trading Conditions covering their contract with their clients, an indemnity concerning General Average costs in clause 20 D. Furthermore, Clause 22 states:
Home / Shipping News / International Shipping News / Freight Association Reminds Members Of The Necessary Course Of Action Following The Declaration Of General Average By Ever Given Owners
Freight Association Reminds Members Of The Necessary Course Of Action Following The Declaration Of General Average By Ever Given Owners
The British International Freight Association is reminding its members that have been affected by the news that General Average has been declared by the owner of the Ever Given that if they have incorporated the BIFA Standard Trading Conditions into their contract with their clients there is an indemnity concerning General Average costs in clause 20 D.
Road Haulage Operators Need to Verify Latest Changes to Conditions of Carriage - Latest industry shipping news from the Handy Shipping Guide handyshippingguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from handyshippingguide.com Daily Mail and Mail on Sunday newspapers.