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Tags Covid-19

Tag: Covid-19

Hapag-Lloyd extends service cancellations

In response to the current critical market conditions, through the effects of the global pandemic leading to changes in demand, Hapag-Lloyd has implemented the...

India reveals US$100m pandemic cost

The world's largest lockdown so far has cost the Indian economy an estimated 7-8 billion rupees (US$98 million) over the 21-day period, according to...

Major carriers keep cancelling sailings

Due to market demand reductions in Far East Asia, Indian Subcontinent and Middle East caused by the Covid-19 pandemic, Maersk has announced additional void...

APM Terminals supports shippers in logjam challenges

APM Terminals in North America is making storage space available for ocean carriers facing logistics logjams. A fee-based storage will be available in APM...

Major lines keep changing schedules amid Covid-19 demand crisis

Mediterranean Shipping Company (MSC) has announced that in order to adapt the capacity to current market demands amidst the evolving Covid-19 situation, it will...

Florens sees upsurge in container demand

Container lessor Florens Asset Management Company (Florens) has reported a surge in container orders at its factory in China’s Lianyungang Port, since Chinese ports...

Five week delay for virus effects on European ports

The coronavirus pandemic has significantly affected the Port of Rotterdam, which reported a 9.3% drop in first quarter throughput compared to the same period...

Terry Mansfield the father of modern maritime reporting dies

Terry Mansfield, the former CEO at National Magazines, has had many accolades over the past two weeks, since news of his death, a victim...

NWSA container volumes plunge in March due to ongoing pandemic

Covid-19 has had a strong impact on the Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Tacoma and Seattle,...

Hapag-Lloyd updates Far East network

In connection with the reduced demand resulting from the Covid-19 impact, Hapag-Lloyd has announced network capacity adjustments to match the reduced demand. "We aim to...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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