Maritime industry to get $27 million aid package with more support for Singaporean seafarers
The Singapore maritime industry will get a further $27 million in aid to tide it over the coronavirus outbreak, the Maritime and Port Authority of Singapore (MPA) announced late Wednesday night
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The Impact of the Covid-19 Pandemic on Shipping
The Covid-19 pandemic still rages unabated in April 2020, affecting lives, businesses, individuals and industries in ways that will change the world forever. The International Labor Organization predicts that as many as 25 million jobs worldwide could be wiped out by a worldwide recession brought about by the pandemic.
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