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’"
"They're dying on the ship," Trump said, adding, "I'm going to do what's right, not only for us but for humanity." The remarks contrast with his response in February to a different cruise ship, the Grand Princess, which he said should remain at sea instead of coming into port in California
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
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
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
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
"As previously communicated, the cruises currently underway are ending their current itinerary only to allow guests to disembark and return home"
London - Number-one ocean carrier Maersk has suspended all crew changes aboard its container ships through April 14, the company said in a letter to crew Tuesday
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
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
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
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
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
Genoa - At the end of a nine-year investigation, the European Commission established that the public 846 million euros paid to the Tirrenia company between 2009 and 2020 are not state aid.
La polizia di frontiera ha "respinto" ieri sera un gruppo di persone provenienti dalle zone rosse del Nord Italia che volevano imbarcarsi su un traghetto della Tirrenia diretto in Sardegna
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.
French shipping group CMA CGM said on Friday that its activity in China was getting back to normal after the coronavirus outbreak disrupted traffic last month
"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
"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%.
Shanghai - Coronavirus-led void sailings have slowed following the recovery of China’s factory and logistics activities. But the spread of the disease in other countries has raised concerns about a further disruption to container shipping demand.
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
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
Marzo mese di refitting, saranno ben 5 le navi da crociera che entreranno in bacino questo mese per rifarsi il look. Per qualcuna sarà solo un leggero lifting, mentre per altre l’intervento sarà più invasivo e richiederà un fermo nave di diverse settimane
A Japanese cruise operator filed for bankruptcy on Monday after its restaurant ship Luminous Kobe 2, which offered buffets and night views of the western port city of Kobe
Assailants murdered the captain of an oil tanker after boarding his ship while it was anchored off the coast of eastern Venezuela
A finire in carcere l'imprenditore lombardo e l'ex ad Roberto Zambrini; ai domiciliari altri due ex amministratori di Mondomarine, Paolo Formaglio e Carlo Samuele Pelizzari
The European Commission has concluded that some Italian government's measures in favour of Tirrenia are incompatible with EU rules
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
EU antitrust regulators have set a new July 9 deadline for their decision on world No. 1 shipbuilding group Hyundai Heavy Industries’ $1.8 billion merger with Daewoo
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
A “ghost ship” abandoned by its crew has run aground on rocks on the south coast of Ireland after drifting in the Atlantic for 17 months
A new “freshwater” charge introduced this month to help the Panama Canal cope with climate change will cost the shipping industry up to $370 million a year
China is struggling to resume normal trade operations as fallout from the coronavirus outbreak hits container shipping lines and logistics chains, with goods stuck and costs mounting
As part of PIL "continuous effort to optimize its network efficiency", writes the shipowner in a note, the company will be withdrawing its services from the Transpacific market
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
U.S. President Donald Trump has thanked Cambodia for taking in the castaway cruise ship MS Westerdam in a rare message to a country that is one of China’s closest allies and has often been at odds with Washington
Vietnam has denied two cruise ships permission to dock due to fears of coronavirus infections on board, Vietnamese state media and a cruise operator reported on Friday
Global ship deliveries have been hit as yards in China struggle to get fully back to work as a result of the coronavirus outbreak, with one shipbuilder saying it could not deliver two vessels
Clariant Chief Financial Officer Patrick Jany is exiting for a post at Maersk marking the latest management change at the Swiss speciality chemicals maker after its CEO jumped ship last year
Thailand has barred passengers from Holland America’s cruise ship MS Westerdam from disembarking. The Netherlands-flagged ship was sailing off the southern coast of Vietnam
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
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
Dozens more people on a cruise ship quarantined in a Japanese port tested positive for the coronavirus on Friday and thousands of passengers remained confined to their cabins, only allowed on deck briefly for fresh air
UI Group and its longstanding partner Royal Caribbean Cruises are planning to expand their luxury, expedition and premium cruise segment and to attract new target audiences for luxury cruise products
The Brexit uncertainties have caused Danish shipping company DFDS a weak development of trade volumes in 2019
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
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
Hong Kong was testing over 1,800 passengers and crew on a cruise ship for a coronavirus that originated in Wuhan
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 United States on Friday lifted sanctions on one of two units of the giant Chinese tanker company COSCO, the Treasury said, partially reversing its punishment to the company for transporting Iranian oil
Norway’s national economic crime unit raided the local office of international shipping company Teekay Offshore this week on suspicion of illegally exporting waste
Some 6,000 people are being kept on board an Italian cruise ship as tests are carried out on two Chinese passengers suspected of having caught coronavirus
The technology group Wärtsilä has been selected to provide the complete system design and full equipment scope for two new 9300 DWT self-discharging bulk carriers featuring hybrid propulsion
Greek container shipping company Costamare has renewed its fleet with four new acquisitions
In preparations to host the 2022 World Cup, Qetaifan Projects, a Katara Hospitality owned company signed a memorandum of understanding with Admares
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
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
Shipping company MSC and France’s Saint Nazaire shipyard won a 2 billion euros ($2.2 billion) deal to build two cruise liners
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
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
Dutch shipyard Damen made the only feasible offer to build Germany’s new multi-role warship MKS 180 in an alliance with its Bremen-based partner Luerssen
Maersk plans to focus on premium services such as cold storage and digital solutions to avoid competing with its own freight-forwarding clients as it expands in the land transportation business
Deliveries to Hong Kong soared around 375 percent in 2019 compared with 2018. Singapore was another important market for local shipbuilders as their sales to the city state stood at $38.8 million
Reported every Friday (except Chinese holidays), the NCFI was first published in September 2013
“I am very excited to be joining BIMCO at this critical time for the industry where a volatile market, new technology and increasing environmental regulation are all having a significant impact."
The Piraeus Port Authority, a subsidiary of China’s Cosco Shipping Group, anticipates a further increase in 2020, according to Deputy Manager for Public and Investor Relations Nektarios Demenopoulos
In order to further improve the service level and port coverage for local customers, Maersk develops its network across Spain. On 23rd January, the first sailing of Maersk’s new Z03 feeder service will take place, connecting the port of Gijón with Algeciras
VLSFO has lately started to trade at levels comparable with marine gasoil, a type of diesel fuel used by tankers
During this year, Hapag Lloyd will "continue to concentrate on expanding our business in growth regions" said chief executive officer Rolf Habben Jansen in an interview published on the group's internet site
The groups' executives have signed an agreement that launches the Ocean Alliance Day 4 Product, that should further strengthen the four companies's service offer.
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
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
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a price for the war of words that culminated in rocket strikes in Iraq over the last week - higher insurance bills
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
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
The combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co. and Hyundai Mipo Dockyard Co. remains unchanged from last year.
Hyundai Mipo Dockyard said in a regulatory filing that it aims to clinch deals worth $3.65 billion this year
The panamax index fell 54 points, or 5.4%, to 949 points. Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, decreased $494 to $8,537
The Estonian ferry company's passegers figures continue to increase, although the number of passengers vehicles have increased only on the Finland-Sweden routes
Italian state-owned shipbuilder Fincantieri (FCT.MI) won a contract worth approximately $1.3 billion from the U.S. Navy to build four ships for Saudi Arabia
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
All six vessels will be capably capable of transporting 174,000 cubic meters of LNG, and will be delivered to the respective owners starting from the second half of 2022
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
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
Hamburg - The German carrier Zemarine answers to speculation regarding its financial situation
Rio de Janeiro - Brazil federal prosecutors on Wednesday said shipping companies Maersk, Tide Maritime and Ferchem were targets in the latest phase of a wide-ranging corruption probe
Beijing - The Beijing-backed Asian Infrastructure Investment Bank said on Tuesday it was investing $500 million in a liquefied natural gas project in China to help support its efforts to transition to a lower-carbon energy future
London - Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions
Seoul - South Korea’s Ministry of Oceans and Fisheries has begun its “Vessel Speed Reduction Program” as an effort to reduce fine dust from ships
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
Brussels - The European Commission has approved under five schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden
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 - European diesel refining profit margins have tumbled as a slowing global economy has hit fuel demand harder than forecast despite expectations of a boost from new fuel shipping rules
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
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.
Washington targeted three general sales agents of Mahan Air over the role the airline has played in weapons of mass destruction proliferation, U.S. Secretary of State Mike Pompeo told reporters.
