Bouchard: "We have a financial plan ..." Melville, New York-based Bouchard Transportation Co. issued a statement February 14 in response to the news that it had been issued an order by the Coast Guard Captain of the Port of
Coronavirus: ONE puts $1,000 a box surcharge on Shanghai and Xingang reefer shipments Ocean Network Express (ONE) issued a notice to customers on February 14 noting that "due to the slow inbound container pick-up activity caused by the outbreak of Novel Coronavirus and the extension
Carrier results will give insight into coronavirus impact Reduced volumes out of China in the first quarter will likely lower earnings estimates for the 2020, but an increase...
American Hellenic reports big jump in insured fleet Cyprus and Greece-based marine insurer is confident of continuing upward trend
Ecsa urges EU to pay attention to spike in sale and leaseback deals with China The EU still controls just below 40% of the global fleet but sale and leaseback deals means ownership is increasingly...
Green groups stage Arctic protest at IMO pollution talks The subcommittee will discuss black carbon and updating the 2015 guidelines on scrubber water discharge during the week
Tanker at centre of Venezuela power struggle over crude cargo sails Tanker has discharged crude cargo at Jose offshore terminal and left the port, switching off AIS
Rising long-haul trades 'turn tanker demand positive' in 2020 Shipbroker Braemar ACM forecasts rising longer-haul voyages to Asia to offset coronavirus-led falls in demand growth
DP World to be delisted from Dubai stock exchange Nasdaq Dubai-listed port operator DP World will return to private ownership as parent company Dubai World seeks to reduce sizeable...
Daily Briefing Free to read: Chinese owners and leasing banks dominate scrubber investment | PIL transpacific exit raises vessel deployment questions | Sellers...
Coronavirus: Rates fall despite carriers' efforts to cut capacity Shippers are being advised to keep in close contact with their carriers or agents amid 'daily changes' of blank sailings
World boxship fleet update: Coronavirus takes toll on idle fleet The wide-reaching impact of the coronavirus outbreak is now affecting developments in the active containership fleet as yards struggle to...
Carriers impose reefer surcharges into China ports ONE has encouraged customers to consider a change of destination to alternative ports, especially for time-sensitive cargoes
Indian government approves structural overhaul of major ports The new bill will provide more operational autonomy to state-owned ports and bring transparency in operations
Refrigerated cargo is being diverted from Chinese ports Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.
US will raise import tariffs on EU aircraft in March Airbus warned that tariff increase on European aircraft would result in "more instability for U.S. airlines that are already suffering from a shortage of aircraft."
White House forms China trade deal watchdog office USTR's Bilateral Evaluation and Dispute Resolution Office will ensure China commits to "Phase One" trade obligations and provide forum for settling disputes involving the bilateral...
Career Tracks: Maersk, CCM and IFCHOR Patrick Jany, Michael Mitchell and Giovanni Ravano are appointed to C-suite roles.
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