At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.Gas…
APM Terminals Pipavav said operations continue at the Indian port in the wake of the COVID-19 outbreak.The port operator said it has adopted stringent measures in line with the guidelines of the Directorate General of Shipping (DGS) and local…
OxGas, a company fully owned by the Port of Oxelösund in Sweden has commissioned MAN Energy Solutions to act as “owners engineer” in the development and construction of a multi-functional terminal for liquefied methane based fuels in the port of Oxelösund…
CMA CGM said on Thursday it has completed the sale of stakes in eight port terminals for $815 million to its joint venture with China Merchants Port Group.Late last year, CMA CGM reached a deal with China Merchants to sell stakes in 10 port…
Brazil's JBS SA, the world's largest meatpacker, has identified potential logistics issues amid the coronavirus crisis including container shortages and port disruptions, according to executives discussing earnings results on Thursday.JBS executives…
South Africa's main export terminals will be closed to mineral exports from midnight on Thursday when a nationwide 21-day lockdown over coronavirus begins, disrupting copper supply chains linking major producer Zambia to Asian consumers.Miners…
Australia ordered two cruise ships to leave its waters on Thursday, after a liner that docked in Sydney Harbor last week became the primary source of infection in the country's coronavirus outbreak.Although well below levels elsewhere in the world…
All tenants of the Hamburg Port Authority (HPA) in the port of Hamburg can apply for the interest-free moratorium of the building- and land lease for the months April, May and June. Payments can be deferred until December 31, 2020. The Free…
This year as Stress Awareness month (April) coincides with a global pandemic Hanseaticsoft, a provider of maritime software is urging shipping companies to tackle stress and depression amongst seafarers by ensuring connectivity at sea.During the coronavirus crisis this is even more imperative…
Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable…
Appetite for UAE global port operator DP World's $9bn loan financing is expected to weaken due to market turmoil caused by the coronavirus, bankers said.The loan was fully underwritten by Citigroup and Deutsche Bank, and went out to a wider…
Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…
LONDON/MADRID/LOS ANGELES, March 23 - Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas…
The Port of Savannah achieved its busiest February ever last month, handling 364,405 twenty-foot equivalent container units, an increase of 17% over the same month last year, the Georgia Ports Authority said. Griff Lynch, executive director of the Georgia Ports Authority…
The Port of Hamburg, responding to reports of bottlenecks in the supply of empty containers, conducted a flash poll this week asking shipping lines about the current situation and found that shipping lines see no appreciable scarcity of equipment in Hamburg and other German seaports…