Incidents of piracy, armed robbery in Asia fall 22pc in May
Piracy in Asia has fallen by 22% in May, when compared to the same month in 2018 according to Regional Cooperation Agreement on Combating Piracy and Armed Robbery against ships in Asia, abbreviated as ReCAAP which include the Information Sharing Centre (ISC).
Of the seven incidents reported in May, three were on board ships at anchor or at berth (at Kandla in India; and Dumai and Cigading in Indonesia) and four incidents on board ships while underway (off Pulau Mapur, Indonesia; off Mindanao, Philippines in the Pacific Ocean; and off Tanjung Piai, Malaysia in the Singapore Strait).
Hong Kong air cargo falls again in May
Hong Kong International Airport (HKIA), saw cargo volumes drop 7.3% to 405,000 tonnes in May.
In 2019 HKIA has seen cargo demand fall in four of five months for which it has reported figures. During the first five months of the year cargo volumes are 6.3% behind a year earlier at 1.9m tonnes – a reflection of a general downturn in the air cargo sector.
Panama Canal plans to modify tolls
The Panama Canal has published a proposal to modify its current tolls structure for the major shipping sectors.
The proposal covers dry bulk, passenger, containership and vehicle carrier and ro-ro segments, tankers, chemical tankers, LPG and LNG vessels, as well the intra-maritime cluster (local tourism segment) and minimum tolls (small vessels).
Panama Canal Administrator Jorge L. Quijano said: “Our proposed modifications will increase transparency and flexibility, among other improvements, to ensure the Panama Canal remains competitive and optimal for the industry today and moving forward.”