Operations at the port of Colombo resumed this afternoon following the end of a strike by port staff, which began yesterday following the resignation of Sri Lanka’s prime minister, Mahinda Rajapaksa, and severe political unrest. Activities at the port have been severely disrupted over the past couple of months, owing to political and economic crises and the island nation has enforced a state of emergency. It has reportedly given “shoot-on-sight” orders to the …
Source
Related Posts
Hulu partners with Xbox to bring PC Gamers free games in a bundle deal – TechCrunch
Hulu and Xbox have announced a partnership deal that gives existing U.S. Hulu subscribers three free months of PC Game Pass as part of the Hulu “Friends with Benefits” initiative. The move to target gamers follows Netflix’s entry into the gaming market, where the streamer has made a number of ad-free mobile games a part…
M&A radar: All of a sudden, a deal spike – Japan leads
Uh-oh. Ah. Eh? Hurrah! Just in case you have missed the latest. With transport and logistics (T&L) having frantically ‘enjoyed’ fewer ups than downs since last autumn, due to shaky financial markets, deal-making is back on the menu, it seems. Finally? Indeed, taking and/or trying to take over listed assets that, in most cases, struggle…
Abbott, FDA reach agreement to reopen baby formula facility in Michigan
Abbott Laboratories said on Monday (May 16) it had reached an agreement with the US health regulator to resume production of baby formula at its troubled Michigan plant, marking a major step towards resolving a nationwide shortage of the product. The company said once the US Food and Drug Adminis Read More
Misdeclared Li-Ion battery shipments a rising threat to shipping
The increasing prevalence of lithium-ion (Li-Ion) batteries being carried on containerships amid rising misdeclarations is a major concern for marine insurers, experts say. According to a recent Allianz Global Corporate & Specialty (AGCS) report, misdeclared cargo has been implicated in a number of near-miss incidents recently, with false declarations including labelling them as ‘computer parts’. In…