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Iron giants to add 200 million tons of supplies through 2020

Australia and Brazil, the world's two top iron-ore exporters, will add close to 100 million tons to their supply over the next ten years in a development that looks set to put pressure on the prices, and thus smaller miners, notes Citigroup Inc.

Photo: Vale

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Hapag-Lloyd negotiating with staff to avoid layoffs

Hapag-Lloyd has launched a comprehensive efficiency process that could result in layoffs in the weeks to come, confirms the liner company to ShippingWatch. The company is currently negotiating with staff through its Work Council.

Lawyer warns of risk of ballast water falsification

There is a risk that some seafarers could resort to falsification of ballast water records in the US if shipowners fail to train them properly, warns a lawyer with extensive experience in environmental matter. This could result in large fines and prison sentences.

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