London - Preliminary first -quarter GDP estimates for several euro zone member countries and for the currency area itself will make the coming week extremely busy. We expect the numbers to be awful. Whole swaths of the European economies were forced to shut down in March owing to the COVID -19 crisis
Copenaghen - According to Risk Intelligence, it “is affecting all modes of transport across the logistic supply chain.” The Danish company will partner with the Transported Asset Protection Association to enhance the visibility of cargo theft
Hanoi - Maersk has launched its new logistics centre in the Bac Ninh province, in Vietnam, to address the needs of a high-demand North Vietnam market
London - Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades
Rotterdam - The Port of Rotterdam has installed an air quality sensor, an application with real-time readings displays vessel emissions for inspectors when vessels enter or leave the port
Zurich - ABB has secured a 157 million euros contract to supply power, propulsion and digital solutions for Genting Hong Kong’s six ‘Universal Class’ vessels
London - Thomas Miller, the international provider of insurance services, has concluded the purchase of Lodestar Marine Insurance’s book of business
By ASLA - Associazione degli Studi Legali Associati
Shanghai - Design aims to maximize capacity with aft-mounted membrane fuel tank
New York - U.S. transportation infrastructure growth will continue moving more or less in step with levelling off GDP next year, according to Fitch Ratings’ 2020 outlook report
Bergen (Norway) - Short-sea market leader Wilson has signed an agreement to purchase the two bulk carriers Mv Arklow Rover and Mv Arklow Resolve
To further expand and develop its European logistics services, Danish shipping and logistics company DFDS has acquired 100% of the share capital of the Dutch logistics company Huisman
Genova - “Scarlet Lady”,the first Virgin Voyages’ cruise ship under construction at the Fincantier-Sestri Ponente shipyard, has successfully completed sea trials carried out in recent weeks. This is a fundamental step in the construction of a ship
Athens - Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims
Athens - Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria in an area where acts of piracy are on the rise
Athens - Greek authorities on Wednesday rescued the crew of a Liberia-flagged cargo vessel adrift in the Aegean Sea
Paris - Taittinger, the famous Champagne house, is looking at whether it can ship bottles overseas before possible tariffs are put in place
Aarhus (Denmark) - Denmark’s Unifeeder, part of the United Arab Emirates’s global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator
London - Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, says the shipping consultancy Drewry in its latest report
Copenhagen - Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg based freight only ferry operator CLdN Cobelfret
