High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
All 23 crewmembers have been airlifted to safety from a 180-meter bulk carrier after the ship ran aground Saturday afternoon just off the southern coast of Newfoundland.
A statement from Joint Rescue Coordination Center Halifax said that it dispatched a Cormorant helicopter to the scene following reports that the MV John 1 had run aground approximately 1.6 km from Rose Blanche at about 1:30 p.m.
All 23 crewmembers have been airlifted from the vessel and taken to Burgeo with no reported injuries.
The 42,000 dwt John 1 is flagged in Panama and was built in 1991, according to data from MarineTraffic.
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