Maritime Economy
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2020 Apr 15
Shanghai Port
IMF: Coronavirus Downturn Will Be the Worst Since Great Depression
In its latest economic outlook report, the International Monetary Fund (IMF) predicts that the...
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2020 Apr 08
Evergreen
First Star Cool milestone contract with Evergreen
Following a comprehensive series of trials that lasted for most of 2019, leading Taiwanese...
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2020 Apr 07
Ship
Worst Case Scenario Could Bring About USD 23 Bn Loss for Carriers
Blanking of sailings triggered by the demand drop from the coronavirus pandemic could...
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2020 Apr 06
Alexander von Humboldt
CMA CGM Containership Reroutes Around Cape of Good Hope, Bypassing Suez Canal
An ultra-large containership belonging to CMA CGM is bypassing the Suez Canal on its return...
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2020 Apr 01
MSC Anna
MSC Unveils New Flexible Cargo Service to Meet Demand From Asia
MSC Mediterranean Shipping Company has unveiled a new “Suspension of Transit” (SOT) program. The company says this...
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2020 Mar 19
Carnival Triumph
Carnival Offers Ships to Help with Coronavirus Response
The world’s largest cruise company has offered its laid-up ships to governments and hospitals as...
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2020 Mar 19
Hurtigruten
Hurtigruten Suspends Operations
As a response to the global coronavirus outbreak, Hurtigruten will stop operations on the Norwegian coast through...
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2020 Mar 13
MSC Anna
MSC Sending World’s Biggest Containerships to U.S. to Pick Up Empty Boxes
MSC is deploying the world’s biggest ships to evacuate empty containers from China to the US, as carriers on the transpacific try to...
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2020 Mar 13
Container ship
Container Lines May Lose 17 Mn TEU in 2020 due to Coronavirus
It can no longer be ruled out that the container shipping industry might be looking at developments similar to...
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2020 Mar 13
Stellar Banner
Removal of Fuel Oil from Stellar Banner Kicks Off
The operation to remove fuel oil from the heavy listing iron ore carrier Stellar Banner has...