Shipping Trade and Transport News 30th November 2015
Vessel News -- disasters
M.V. Hebo Cat 15 (off the Dutch coast)
Thevessel salvaged a 11m motorboat however there was no trace of its crew of two and pressumed dead.
Szafir - Abducted ship escorted to Onno.
The vessel has been guided to port by the Nigerian Maritime Administration (NIMASA) for further investigation
M.V. Fortune Life - Phillippines
11 of the crew out of a total of 19 are still missing after an incident at sea which may have been caused by a load of feldspar which may have shifted.
Trade News
Manufacturing sector - UK manufactureres bear bleak outlook as export orders tumble.
CBI’s snapshot of sector reveals strong pound and jitters over global growth are likely to dent factory output.UK manufacturers have reported the weakest overseas demand for their goods for almost three years as they grapple with a strong pound and a weaker global economy.
The latest snapshot of factory order books and output from the CBI also showed companies expected output to fall over the coming three months – despite it having picked up in recent weeks, the business group reported.
The poll of 458 companies echoes other reports of manufacturers curbing investment and production as a downturn in China and other export markets knocks demand. Manufacturers also say they have been hurt by sterling’s strength against other currencies, which makes UK goods more expensive overseas.
Poor export performance is weighing on the UK economy, as manufacturers are held back by a strong pound and a weakening global growth outlook,” said CBI economist Rain Newton-Smith.
Israel suspends contact with EU bodies over labelling of West Bank produce
Binyamin Netanyahu brands EU guidelines specifying whether goods come from settlements as ‘discriminatory’ and a hindrance to the peace processOn Sunday, the Israeli prime minister, Binyamin Netanyahu, ordered the foreign ministry to carry out “a reassessment of the involvement of EU bodies in everything that is connected to the diplomatic process with the Palestinians”, a ministry statement said.
“Until completion of the reassessment, the prime minister has ordered a suspension of diplomatic contacts with the EU and its representatives in this matter.”
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Photo: EPA/RAF