Maersk container ship. (Photo: Empresa Portuaria San Antonio)
The Danish company Maersk warned Chilean authorities that the port stoppage might have a serious impact on the economy and the country's image in the world.
By April 2013, the most important global shipping firm and other global companies sent a letter to the Chilean Executive expressing their concern over the port sector strike occurred at that time.
According to Maersk Chile’s business and marketing manager, Francisco Ulloa, “the commercial consequences can be very hard for Chile, because there have been two strikes in a year."
"Chile is in a very competitive global market. Peru has grown every year about 6 per cent, with an expanding agriculture, therefore our own neighbours are our competition and they have port stability, which is vital for international trade,"...
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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