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I believe most of us have owned or used at least a Tupperware product at some point of time (I have multiple containers and water bottles), so I am quite surprised and sadden (probably for nostalgic reason) to read this news. Moral of the story: Just like Nokia and Sony Ericsson, no matter how good are your products, if you rest on your laurel or stay stagnant while your competitors keep improving, you are going to lose out one day. Source: https://www.straitstimes.com/business/iconic-tupperware-warns-it-could-go-out-of-business NEW YORK – Kitchenware staple Tupperware is teetering on the brink of collapse, with its shares plunging nearly 50 per cent on Monday, the largest drop on record, to notch an all-time low. Investors were spooked after the company, Tupperware Brands Corporation, said last Friday that it had hired financial advisers “to help improve its capital structure and remediate its doubts regarding its ability to continue as a going concern”. Tupperware experienced a sizzling run-up during the first two years of the Covid-19 pandemic, with its share price soaring to US$37 as the lockdown boosted kitchenware sales. It has fallen on harder times since then, with the company blaming cash constraints caused by higher interest costs. On Monday, the stock closed at US$1.22 after diving 49.6 per cent. Founded in 1946, Tupperware and its signature containers created the modern food storage business. It distributes its products in nearly 70 countries, mainly through independent representatives around the world. But the 77-year-old brand has struggled to shake its staid image and attract younger shoppers in the face of new competition, while demand for home products has fallen. Last month, the company reported a loss from continuing operations of US$28.4 million (S$37.8 million) for 2022, although this narrowed from US$152.2 million in the previous year. Net sales last year fell 18 per cent to US$1.31 billion. Tupperware chief executive officer Miguel Fernandez said the company was seeking potential investors or financing partners to stay in business, and that it would not have enough cash to fund operations if it failed to do so. The company was also considering cost-cutting measures, too, including slashing jobs and reviewing its real estate portfolio. It is also working with Moelis & Company and Kirkland & Ellis to explore options for its nearly US$700 million (S$931.6 million) in long-term debt. Meanwhile, the New York Stock Exchange warned that Tupperware’s stock is in danger of being delisted for not filing a required annual report. Tupperware shares have sunk about 84 per cent since November last year when the company first raised concerns about its ability to continue operating.

A 193-metre-long container ship ‘Hansa Constitution’ sailing under German flag ran aground on 6th April afternoon by the University of Hong Kong sports ground in Pok Fu Lam. According to residents in the neighborhood, the captain of the ship dropped the anchor to slow down the vessel, as it came to a halt just a few feet away from the promenade, which is popular with joggers. The ship was on its way to Shenzhen when it is believed to have been blown off course by monsoon winds after engine failure. Two diving support vessels as well as two fireboats were deployed for the rescue. The ship was eventually towed away from the shore. There were no reports of hull breach, injuries, or causalities aboard the ship. Watch the video below:

Is it legal and safe to have such container in car for petrol? I understand petrol kiosks do sell 5L containers, but any issues if crossing customs? Yes, I'm thinking of squeezing out every single drop from my trips to JB....

looking for part time unloading 20 or 40 footer container workers, only need to work when our shipment arrived to unload the goods and keep the goods in the stock. 1)male only 2)must be strong to work continue for 3-4hrs depend on how fast the unloading. looking for at least 3 ppl. $50-60 per person

Container handling specialist at PSA.... what is the job scope like, how much are they paid, is the job easy to do? anyone knows?

Hi, I was at SPC Bk Timah this morning, saw a blue Lexus pump petrol & then fill up 2 containers. I thought that's illegal. Noted the reg no. but don't know who to feedback to. Any one can advise?

hi there, i see many people shaking their car so that they can pump to the last drop of petrol before leaving JB. but wan to know won't it be easier to just bring one container made for holding petrol. saw these container before > 7liters + it this possible?

Credits to Masamune from hwz

Anyone knows where to get 20L container for diesel/petrol? Need it for my company forklift. Preferably metal container or those special plastic container with 'GASOLINE' and the symbol imprinted in the container. Went petrol station and they said need these kind of container. Thank you.

Anyone in container shipping industry? Just heard Maersk having retrenchment exercise. Looks like the worse is yet to arrive.

Yo all, Anywhere to buy petrol container,proper ones,cause need to buy petrol to operate my lawn mover,about 5 litres will do.