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Monday, April 6, 2020

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New strikes planned in French ports

French dockers and other port workers are to stage fresh strike action despite a warning from port employers that successive strikes since early December...

Minister tells HMM it must improve returns in 2020

Hyundai Merchant Marine must make an all-out effort to return to the black with the help of mega-container ships. This was the message that South...

Bunker costs stall amid market uncertainty (Daily bunker index – 3 Feb.)

A variety of market concerns have led to a slow down in the convergence of the price between VLSFO and HFO according to market...

Remote working for China-based liner staff

Major liner operators are getting their staff in China to work from home as the Chinese government has extended the Lunar New Year holidays...

DPWA intensifies war of words with unions

Terminal operator DP World Australia (DPWA) has hit back in the war of words with trade unions following the Federal Court of Australia’s (FCA)...

Australian court curtails dockers’ strikes

Dubai terminal operator DP World was celebrating on 31 January as the Federal Court Of Australia (FCA) decided to grant an interim interlocutory injunction...

FESCO/DP World rumours still floating

Rumours of a major equity acquisition by DP World Russia in the Russian carrier FESCO have resurfaced as the Middle Eastern Gulf terminal operator...

Brittany Ferries freight services on the move

French operator Brittany Ferries will transfer its Cork-Santander line to Rosslare and Bilbao in a bid to boost freight traffic on the route. The company,...

Market buzzes in expectation of ULCS building spree

Japanese banks Yamiguchi Financial Group and Ehime Bank have established a joint venture called the West Seto Partnership Agreement (WSPA), with the aim of...

IMO 2020 boosts demand for post-Panamax container vessels

High demand for post-Panamax container ships has resulted in a string of sales since the start of 2020, a trend aided by the new...

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MABUX bunker index – 3 April

The members of Organization of the Petroleum Exporting Countries (OPEC) have not achieved to agree on an emergency low-level meeting to discuss a market...

Konecranes receives reach stackers record-order

Konecranes won its largest-ever reach stacker contract, for 39 units,from German distributor Richter Fördertechnik GmbH & Co. KG, in March 2020. Deliveries for the Konecranes...

MSC suggests short sea shipping solution

MSC says its short sea services in Europe can help meet any present and future domestic and foreign trade demands, especially as Covid-19 crisis...

Major shipping carriers update schedules due to pandemic crisis

The largest container shipping companies continue to update their schedules, as they are forced to make service adjustments and omit many sailings. As the coronavirus...