Newsletter – August 15, 2019

  • Newsletter – August 15, 2019


    Hong Kong airport gets court injunction to stop protesters from obstructing operations
    HONG KONG: Hong Kong’s airport resumed operations on Wednesday (Aug 14), rescheduling hundreds of flights that had been disrupted over the past two days as protesters clashed with riot police in a deepening crisis in the Chinese-controlled city. Read more here.

    America’s FAA Has Banned Some MacBooks From Flights
    Reports are circulating this week that the Federal Aviation Administration has banned certain Apple MacBooks from flights. The ban relates to a specific model of MacBook due to a battery recall. As such, this will only affect a very small percentage of travelers. Read more here.


    Box-ship giant Maersk reports huge rise in second quarter profit
    Earlier today in Europe, Danish shipping giant A.P. Moller–Maersk (NASDAQ: Maersk A; NASDAQ: Maersk B) reported a massive increase in second quarter underlying profit and earnings before interest, tax, depreciation and amortization (EBITDA). Revenues also “grew slightly,” the shipping company said. Read more here.

    HMM trims second quarter loss, reports revenue increase of 12.8%
    Hyundai Merchant Marine (011200.KS), South Korea’s largest container carrier, said it had an operating loss in the second quarter of 2019 of 112.9 billion won (about $93 million at the current exchange rate of about 1,215 won to the U.S. dollar), a decrease from the 199.8 billion won loss reported in the same 2018 period. Read more here.


    Vancouver port sees record cargo volume for first half
    Vancouver, BC — The Vancouver Fraser Port Authority released the 2019 mid-year cargo statistics for goods moving through the Port of Vancouver. Between January 1 and June 30, 2019, overall cargo through the port increased 0.5% to a record 72.5 million metric tonnes (MMT) over the same time last year, with new mid-year records in containers, potash, ad grain. Read more here.


    5 questions and answers about Hong Kong protests’ impact on supply chains
    Departing flights are beginning to resume at Hong Kong International Airport, after demonstrations led to hundreds of flight cancellations earlier this week. Read more here.

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