The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the full consequences. Nevertheless, we see a need to update our 2020 forecast to make some of this massive uncertainty tangible…
Lloyd’s Register (LR) said it has named Mark Darley as Marine & Offshore (M&O) Chief Operating Officer.Darley, who joined LR on graduation as a marine surveyor 20 years ago, is currently M&O President for North Asia and has held leadership positions in the UK…
Seaspan Marine Transportation said it has appointed Linda Wortman as Chief Financial Officer.Wortman brings to this position more than 25 years of accounting and finance experience. She joined Seaspan in 2008 as Controller, Marine and was promoted to Vice President…
HR Lines Limited announced it will launch a fixed day of the week user feeder service between Bangladesh, Singapore and Malaysia.The new Bangladesh Express Service (BES) will provide fixed day weekly port calls between Chattogram, Singapore and Port Klang…
The Port of Rotterdam, Europe's largest, expects the flow of goods over the whole of 2020 to be 'clearly below 470 million tonnes last year' as the coronavirus epidemic spreads across the continent, spokesman Leon Willems said on Wednesday.The…
Marathon Petroleum Corp.named Michael Hennigan, the head of its midstream business, as its new chief executive officer effective immediately.Hennigan replaces Gary Heminger, whose departure was announced last year when the largest U.S. independent…
Wärtsilä said it will install its Vessel Traffic Service (VTS) solution at Peru's main harbor, one of Latin America’s most important ports.Dense fog and haze are a consistent challenge for Callao’s port operations, often making shipping conditions dangerous…
MCA grants temporary ability for Red Funnel passengers to remain in vehicles on select crossingsRed Funnel worked with the U.K. Maritime and Coastguard Agency (MCA) to identify exceptional solutions to support the government’s social distancing…
Indonesia's government will revoke rules requiring exporters of coal and palm oil to use domestic shipping companies for shipments, Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan told reporters on Wednesday.Indonesia…
The Coast Guard Assistant Commandant for Prevention Policy has published an update March 16, 2020 to MSIB: Novel Coronavirus – Update (Change 2)An outbreak of respiratory illness caused by a novel coronavirus (COVID-19) may affect mariners and maritime commerce…
Hiroaki Sakashita has been appointed as President & CEO as well as a Representative Director of classification society ClassNK, effective March 18, 2020. Current Senior Executive Vice Presidents Tetsuya Kinoshita, Junichiro Iida, and Dr. Toshiyuki…
Only 10 days ago, reports indicated that China cargoes were returning to pre-coronavirus levels, and there appeared to be light at the end of the tunnel. Today, however, a barrage of new headlines has underscored the impact on the rapidly changing global supply chain…
The widespread coronavirus outbreak has led the world's largest container carrier to suspend crew changes aboard its entire fleet of operated vessels until April 14, a Maersk spokesperson confirmed to MarineLink.The full statement from A.P.…
A.P. Moller - Maersk said it has teamed up with Zurich Insurance Plc (Zurich) to bring Maersk Cargo Insurance, a product to protect customers goods against physical loss or damage from the time they are first moved for loading until the completion of unloading at destination…
The Port of Virginia said it has opened its doors to cruise ships idled by the coronavirus pandemic.Since the outbreak of the virus and the cruise industry’s voluntary suspension of U.S. operations, empty cruise ships have been seeking temporary berth opportunities at multiple ports…