Piracy in Asia on the decline, for now
But elsewhere, piracy increased in 2018, with a marked rise in attacks against ships, crews around West Africa
IT is always dangerous to be complacent when it comes to criminality at sea. However the latest report from the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against ships in Asia (ReCAAP) secretariat is encouraging. One incident is one too many and in January a total of three incidents of armed robbery against ships were reported in Asia.
Nevertheless, compared to Ja…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Heathrow faces further strike action in May from ground staff
Boeing bid for Spirit AeroSystems hits snag over Airbus assets
Tesla to cut 400 jobs in Germany via voluntary programme
GE Aerospace raises earnings goal on strong engine sales
UPS profit beats estimates as cost cuts offset weak delivery demand
General Motors beats quarterly results targets, raises forecast