Majuro 6 March 2019: The Parties to the Nauru Agreement (PNA) aim to continue advancing a broad range of fisheries management initiatives during a series of meetings scheduled for Palau in mid-March.

A series of PNA technical meetings will be conducted from 11-17 March to prepare for the annual PNA Officials meeting from 18-22 March.

“This is a big year for PNA, with many initiatives in the development stage,” said PNA CEO Ludwig Kumoru. “Our aim is for our PNA Officials to review and endorse several important plans that will then go to PNA Ministers for final endorsement. This will set the stage for implementation beginning in 2020.”

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Posted on - 2019-03-07

The first report of the Ship Recycling Transparency Initiative (SRTI) was launched at TradeWinds’ Ship Recycling Forum 2019 in Hong Kong yesterday. Presenting data collected through a disclosure questionnaire circulated among shipowners as part of the Ship Recycling Transparency Initiative, the report indicates that there is a growing movement stepping up the pressure on shipowners to disclose their approaches to ship recycling.

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Posted on - 2019-03-07

Jet Airways (9W, Mumbai Int'l) has increased the number of aircraft grounded due to the non-payment of lease rates to a total of twenty-five units, The Financial Express has reported. The fleet shortage forces the airline to cancel as much as 200 flights a day, around a third of all scheduled flights.

On March 4, the airline admitted in a stock market filing that it had to ground up to twenty-five aircraft in the last month.

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Posted on - 2019-03-07