Coronavirus

EU shipbuilders predict cruise ship order cancellations

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

As Covid-19 situation worsens

Cargo owners must expect further major ocean freight service disruptions this year

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’"

Markets

Putin, Trump order their energy ministers to discuss oil

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

Covid-19

Australia tells cruise ships to leave

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

Coronavirus effect

Carnival warns of loss, moves to shore up liquidity

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

Two new pools

Team Tankers in fleet management feals with Maersk Tankers, V.Group

Monaco - Danish Maersk Tankers has entered into a deal with chemical tanker owner and operator Team Tankers International to take over the commercial management of its 27 tankers and establish two new pools. For Maersk Tankers the agreement will increase its fleet under management

Obstacles to the intra-European alliance

EU expected to veto Fincantieri's Chantiers bid due to lack of concessions

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

Port of Genoa

Coronavirus epidemic, Italy turns a ferry to hospital

The project was born from the collaboration between Gnv / Msc and the Rina group. It would take 10 days to transform the first ferry into a hospital. The Coronavirus epidemic is devastating the Italian economy and has already killed nearly 700 people

Green Deal

Amsterdam's boats go electric ahead of 2025 diesel ban

The century-old Amsterdam canal boat "Gerarda Johanna" looks like a classic with wood paneling, but beneath its floorboards lies a high-tech underbelly: rows of lithium ion batteries, 66 in all, with an electric drive train powering its propeller.

Diamond Princess

Mattarella nomina Commendatore il comandante Arma

"In considerazione del suo esemplare comportamento, il Presidente della Repubblica ha conferito motu proprio l'onorificenza di Commendatore al Merito della Repubblica Italiana al Comandante della Diamond Princess Gennaro Arma". Lo comunica il Quirinale in una nota

Il coronavirus

Crociere, soffrono i big del settore: a picco le prenotazioni

"Vittima eccellente" del coronavirus, il settore crocieristico sta soffrendo più di altri: quello che preoccupa è la situazione estiva, e soprattutto per il Mediterraneo dove le prenotazioni per l’estate 2021 e 2022 sono diminuite già del 40%.

Asian shipyards

China, Japan, Singapore pushing for mergers in shipbuilding industry

Seoul - China, Japan and Singapore are pushing for mergers in the shipbuilding industry with a business combination review going on for Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, which are the two largest shipbuilders in the world

BIMCO

COVID-19 and its consequences on shipbuilding contracts

Copenhagen - Shipyards are facing disruption to newbuilding, repair and conversion projects due to the impact of the virus on their labour force and the ability of their subcontractors to meet their commitments to supply materials and equipment necessary for the completion of such projects

"Solid financial situation"

Naval Group achieves a record level of orders

French global defense contractor Naval Group has had a 3 billion euros of order intake in 2019, +44% compared to 2018, including 3 billion internationally, taking the order book to 15 billion euros

L'interrogatorio al comandante

Traffico sospetto di armi, quattro nuovi indagati

Nuovi sviluppi nell'inchiesta sulla nave Bana, il cargo libanese sospettato di avere trasportato armi e cingolati dalla Turchia alla Libia per rifornire l'esercito del governo nazionale libico

China pneumonia outbreak

Coronavirus concerns loom over cruise industry

The rapid spread of the coronavirus disease is taking a toll on the $46 billion global ocean cruise industry. Many see Asia as a potential growth area for cruise tourism

Australia

Yang Ming ship arrested for pollution debt

The sister ship of the "YM Efficiency", which lost 81 containers off the coast of Newcastle and Port Stephens in June 2018, has been stopped in Sydney for a pollution debt that could cost Yang Ming more than 12 million euros

IMO 2020

New RoPax ferry with battery designed

Danish-based consultancy Knud E. Hansen has  designed a 212-metre RoPax ferry with a large battery bank to power it while dockside, allowing for zero emissions in port. The vessel can transport up to 700 passengers and 390 cars

Transatlantic

ONE, COSCO, OOCL and Yang Ming launch new service

The EMA service will consist of six Panamax vessels. The port rotation for the weekly service is Mersin – Haifa – Alexandria – Istanbul – Piraeus – Genoa – Algeciras - New York – Norfolk – Savannah – Algeciras – Mersin

Wuhan

Passengers face two weeks on virus-hit cruise ship off Japan

Around 3,700 people are facing at least two weeks locked away on a cruise liner anchored off Japan after health officials confirmed on Wednesday that 10 people on the ship had tested positive for coronavirus and more cases were possible

Minus 104 million dollars

Samsung Heavy's Q4 net losses widen

Samsung Heavy Industries Co., a major shipyard in South Korea, had its net losses widened in the fourth quarter from a year earlier due to one-off costs

The announcement

Croatia's DIV buys Norway's Kleven shipyard

Croatia's DIV Group, which owns the Brodosplit shipyard in Split, is set to buy Kleven Verft, a Norwegian shipbuilding company specializing in the construction of offshore and cruise vessels

Environment

Boat protesters in Venice take on damage from big ships

Hundreds of people in small rowing boats protested in front of Venice’s St Mark’s Square on Sunday to denounce what they say is a proliferation of motor boats that have crowded the waters of the lagoon city

LNG

Wartsila partners with MSC for sustanaible cruise ships

The technology group will supply Chantiers de l‘Atlantique, France, a comprehensive package of integrated solutions designed to support and enhance the efficiency and environmental sustainability of two cruise vessels

The crisis in the Middle East

Drewry: Risk premium tankers to soar amid tensions in Iran

The recent escalation in the unrest between Iran and the US has raised fears of a wider war in the Middle East, writes research firm Drewry in its latest report. Already heightened geopolitical tensions in the region have resulted in a surge in oil prices, with Brent surpassing the $69 per barrel mark

Heavylift

Roll Group expands its heavylift fleet

The Dutch shipping company Roll Group underlines with a recent ship purchase the positive expectations for the market. After the extension of their land activities into Asia in 2019, Roll Group starts 2020 in a similar manner with the addition of another Module Carrier into their fleet

Cruises

Carnival Group to receive 16 new ships by 2025

Carnival Corporation, the world's largest leisure travel company, said it will launch four new cruise ships in 2020 across four of its global cruise line brands – Iona for P&O Cruises UK, Britain's favorite cruise line

Ferries

Finnlines orders new RoPax ships in China

After the order of three hybrid sto/ro ultra large green vessels at Jinling Shipyard back in 2018, Finnlines is pleased to announce that it has recently signed an order for two ro-pax vessels from China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai. Today, both shipyards are part of China Merchants Group

Shipyards

Hyundai Heavy wins deal worth 263 million euros

South Korea's top shipyard Hyundai Heavy Industries Group told Yonhap news agency that its two affiliates have clinched two deals worth 340 billion won (262,6 million euros) in total to build six vessel

Transport in chaos

MSC re-routes cargos due tro French strikes

Paris - Swiss headquartered container shipping company MSC said on Friday it was implementing contingency plans to re-route container ships away from French ports when necessary due to strikes in the country

Sea transport

First signs of stagnation for LNG imports

London - The increase in US liquefaction capacity is one of the major factors driving LNG shipping rates, as London research firm Drewry writes in its latest report

shipping

“Cargo theft has reached historic levels”

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

shipping

Rotterdam installs air quality sensors

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

shipping

Thomas Miller purchases Loadstar Marine

London - Thomas Miller, the international provider of insurance services, has concluded the purchase of Lodestar Marine Insurance’s book of business

shipowners

Vado Gateway opening brings change to logistics in northern Italy

Genoa - The new container terminal, launched today in Vado Ligure and operated by APM Terminals, sets a new standard for port infrastructure in Italy. The facility is unique in terms of services and technology, from the “automated yard” to the “appointment system” for trucks.