Latest News - page 601


US Retailers Face $700 Mln Hit as Virus Disrupts Shipping

Mar 09, 2020

U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions.The extended shutdown of factories in China caused by the virus…

Trump: No Promises Regarding Steel, Aluminum Tariffs on Brazil

Mar 09, 2020

President Donald Trump praised the United States' relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined to say whether he would impose steel and aluminum tariffs on the South American country.Ahead of a…

IMO Postpones Meetings Due to COVID-19

Mar 09, 2020

The International Maritime Organization (IMO) has postponed a number of meetings following the global coronavirus outbreak.London-headquartered IMO said the move takes into account the decision of the UK on March 5 to move toward the 'delay'…

CLIA: Any Action to Limit Cruising is Unwarranted

Mar 06, 2020

A cruise industry trade association has hit back at reports speculating that the U.S. government may move to discourage some travelers from taking cruises as part of a broader Trump administration effort to limit the spread of coronavirus.'Any action to restrict cruising is unwarranted…

US Considers Discouraging Cruise Travel

Mar 06, 2020

The United States is considering ways to discourage U.S. travelers from taking cruises as part of a broader Trump administration effort to limit the spread of coronavirus, according to four officials familiar with the situation.The officials…

Adam Goldstein Leaves Royal Caribbean

Mar 06, 2020

Longtime cruise industry executive Adam Goldstein has left Royal Caribbean Cruises after more than 30 years with the company.Goldstein was most recenlty Vice Chairman of RCL from 2018. From 2014 to 2018, he served as President & COO and from 2007 to 2014…

Clear Seas Names Blomerus Executive Director

Mar 06, 2020

Clear Seas Center for Responsible Marine Shipping announced that Paul Blomerus, PhD, will assume the position of Executive Director, in March 2020.Dr. Blomerus is an internationally-experienced researcher and leader in innovation with a background…

CMA CGM: Virus Impact Limited as China Activity Resumes

Mar 06, 2020

French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus outbreak crippled traffic last month, forecasting the health emergency would have a limited impact on its results this year.CMA CGM, the world's fourth-largest container shipping firm…

KR Certifies First Cyber Security Compliant Vessel

Mar 06, 2020

Korean Register (KR) has completed a comprehensive cyber security survey of the chemical/oil tanker SONGA HAWK and has certified the ship to be fully compliant in all areas, the very first ship to achieve the certification.Songa Ship management…

Silk Roadblock: Coronavirus Exposes Nigeria's Reliance on China

Mar 06, 2020

Yetunde Oluyide has run a gift shop in bustling Lagos for nearly a decade, but with coronavirus curtailing imports of Chinese goods, she is losing more than 2 million naira ($5,555) a month.Oluyide's reliance on China to fill the shelves of…

MCT Completes 1st Year of Operations

Mar 05, 2020

The container port in the Limón province of Costa Rica, Terminal de Contenedores de Moín or Moín Container Terminal (MCT), operated by APM Terminals, completed its first year of operations on February 28.A press release from the international…

WFW Advises Galloper on Sale of Assets

Mar 05, 2020

UK-based Galloper Wind Farm Ltd recently agreed the sale of its transmission assets relating to the 353 MW Galloper Wind Farm  to Diamond Transmission Partners pursuant to the Offshore Transmission Owner (OFTO) regime.The international law firm…

Seanergy Maritime Gets Refinancing

Mar 05, 2020

The Greek provider of marine dry bulk shipping services Seanergy Maritime Holdings Corporation announced that it received approval, in form of commitment letters, from one of its existing lenders to extend the maturity of two loan facilities…

Several People Found in Container at UK Dock

Mar 05, 2020

A number of people have been found in a shipping container at a port in Hull, northern England, police said on Tuesday, some of whom needed medical attention.“Officers are currently in attendance at King George Dock in Hull after a number of people have been found in a container at the dock…

Container Shortages? Virus Exposes Germany's Vulnerabilities

Mar 05, 2020

Germany is heading for its longest recession since reunification in 1990 as the coronavirus exposes its vulnerability to disruptions in global trade, business association BDI said on Thursday.Industry in Europe’s largest economy had already…

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