Newsletter – May 17, 2019

AIR FREIGHT UPDATES

Air Canada Enters Talks To Buy Tour Operator Transat

news.airwise.com
Air Canada said it has entered exclusive talks to acquire Canadian tour company Transat in a deal valued at CAD$520 million (USD$386 million). Read more here. 

OCEAN FREIGHT UPDATES

Carriers getting increasingly nervous as protectionist policies gain ground

theloadstar.com
Ocean carriers are getting increasingly nervous over trade tensions and state–subsidised competitors, as protectionist policies continue to gain ground across the globe. Read more here. 

Yang Ming dismisses latest merger call

splash247.com
Officials at Yang Ming, the world’s eighth largest containerline, have dismissed the latest call for the line to merge. Read more here. 

What can maritime learn from the Boeing 737 Max disaster?

splash247.com
As the never ending discussion of autonomous ships continues it’s worth noting the events surrounding the Boeing 737 Max disaster. We can quickly see similarities and issues that also occur in maritime. Read more here. 

INTERNATIONAL BUSINESS – GOVERNMENT UPDATES

China restricts Canadian pork exports from 2 plants over Huawei affair

seanews.com.tr
THE Canadian Food Inspection Agency reported delayed pork shipments and the suspension of permits by customs authorities in China, due to the mislabeling of packages, reported London’s Financial Times. Read more here.