Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as coronavirus lockdowns shut many transit points across the globe, shipping industry officials said on Tuesday.
Miami - Hundreds of healthy cruise ship passengers began to disembark from the "Coral Princess" Sunday at PortMiami for their journey home. Three people died of the coronavirus
Seoul - Korean shipbuilders are reportedly outrun by Chinese rivals in a race to win a 1.35-trillion-won order for six 23,000-TEU super-large container carriers from German shipping company Hapag-Lloyd. Chinese shipbuilders beat technologically superior Korean competitors with advanced technology
Port of Spain - An ordinary seaman attached to the Trinidad and Tobago Coast Guard (TTCG) in Staubles Bay was accidentally shot and killed late yesterday evening
Owners of a factory ship moored off southern France which normally turns seawater into bottled mineral water have converted it to make sanitising solution in the fight against the coronavirus.
The company said it was experiencing a huge decline in travel bookings and freight volumes and that passenger figures were not expected recover until well into 2021
A supply deal between OPEC, Russia and other producers, a group known as OPEC+, that had propped up oil prices for three years collapsed in March, just as the impact of lockdowns to limit the spread of the new coronavirus destroyed demand
A shareholder of Inovio Pharmaceuticals filed a class action complaint on March 16 against the company and its chief executive, citing "misstatements" that the company had developed a coronavirus vaccine in three hours
Milano - Italian shipyard Fincantieri has not offered any concessions to head off EU antitrust concerns about its planned bid for France’s Chantiers de l’Atlantique, giving regulators no choice but to block the deal, people familiar with the matter said last week. A veto by European Competition Commissioner Margrethe Vestager would deal a serious blow to Italy
Miami - Carnival Corp., the largest player in a cruise industry reeling from the effects of the coronavirus, said it expects a loss this fiscal year and is taking steps to improve liquidity. The efforts include cutting investments and expenses and looking for additional financing, Carnival said in a statement Monday
These vessels are scheduled to be delivered from mid-2022. This deal is considered to be amongst Yangzijiang’s largest orders in value, according to the group’s CEO Ren Letian
Strict enforcement of competition rules in the European Union prevents the development of the global champions necessary to compete with Chinese and U.S. companies
"We cannot accept ships, we are not able to cure a cold to everyone who comes to our area. The vision of this region is to guarantee the health of its citizens first". The president of the Veneto Region Luca Zaia told reporters about the hypothesis of the landing in Venice of the Italian cruise ship Costa Victoria
Tankers carrying U.S. liquefied natural gas (LNG) are on their way to China after Beijing started granting tax waivers to some importers, shipping and trade sources sai
"We have difficulties shipping needed equipment to Vietnam and travel bans will make it difficult for foreign contractors to send their workers to the refinery," one of the sources said, adding the maintenance may be delayed until 2021
On Monday, it reported 637 fatalities in the previous 24 hours - a 5% increase in total and less than half the pace recorded a week earlier
Modly relieved Captain Brett Crozier of his command of the Theodore Roosevelt on Thursday after the public leak of a scathing letter in which Crozier called on the Navy for stronger action to halt the spread of the virus aboard the nuclear-powered aircraft carrier
Beijing - China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country’s coronavirus lockdown as the global spread of the virus chokes off international demand
Bruxelles - European shipbuilding and ship equipment association SEA Europe is calling for government aid to help the industry weather the COVID-19 downturn, citing temporary shutdowns, order cancellations - particularly for new cruise ships - and project delays
London - Cargo owners should expect significant further ocean freight service disruptions this year with more blank sailings and likely service suspensions, Drewry highlighted yesterday, as volatility linked to the coronavirus pandemic continues or worsens. The container shipping analyst also suggested that shippers “should consider adding a few ‘backup carriers’"
"At the hospital level we are being able to give response to all the cases that are arriving but we are at the limit, we are at maximum stress," Catalan regional government chief Torra said in an interview
OPEC and other leading oil producers including Russia failed to agree on further joint action on the global oil market and to extend their deal to cut output, leading to a sharp fall in oil prices that have also been battered by the coronavirus pandemic
China should issue at least 2 trillion yuan ($282 billion) of such bonds to aid the economy, Morgan Stanley Chief China Economist Robin Xing said
Australia ordered two cruise ships to leave its waters on Thursday, after a liner that docked in Sydney Harbour last week became the primary source of infection in the country’s coronavirus outbreak
Traders have chartered at least five supertankers in the past day with options to store oil at sea as global stocks mount after the United States ditched plans to purchase oil for its emergency reserve, shipping sources said on Friday
Four passengers have died on board the MS Zaandam, a cruise ship currently off the coast of Panama with dozens of guests suffering from influenza-like symptoms
Transnet operates nearly three quarters of the African rail network, the bulk of which is in South Africa
Shanghai - China’s top-level administrative body has sent a signal that the country is to further relax a crew change ban at its ports after Shanghai’s easing policy
