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Fuel prices slide on coronavirus outbreak fears
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Fears that the global economy will go into recession following the latest statistics that show a decline in Eurozone and US growth as well...
Braemar highlights thriving S&P activity in declining global market
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Braemar reports that the macroeconomic outlook is sliding into a pre-recession lull with Chinese manufacturing down and demand in the Eurozone stagnating.
The extended Lunar...
New strikes planned in French ports
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French dockers and other port workers are to stage fresh strike action despite a warning from port employers that successive strikes since early December...
Minister tells HMM it must improve returns in 2020
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Hyundai Merchant Marine must make an all-out effort to return to the black with the help of mega-container ships.
This was the message that South...
Bunker costs stall amid market uncertainty (Daily bunker index – 3 Feb.)
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A variety of market concerns have led to a slow down in the convergence of the price between VLSFO and HFO according to market...
Remote working for China-based liner staff
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Major liner operators are getting their staff in China to work from home as the Chinese government has extended the Lunar New Year holidays...
DPWA intensifies war of words with unions
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Terminal operator DP World Australia (DPWA) has hit back in the war of words with trade unions following the Federal Court of Australia’s (FCA)...
Australian court curtails dockers’ strikes
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Dubai terminal operator DP World was celebrating on 31 January as the Federal Court Of Australia (FCA) decided to grant an interim interlocutory injunction...
FESCO/DP World rumours still floating
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Rumours of a major equity acquisition by DP World Russia in the Russian carrier FESCO have resurfaced as the Middle Eastern Gulf terminal operator...
Brittany Ferries freight services on the move
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French operator Brittany Ferries will transfer its Cork-Santander line to Rosslare and Bilbao in a bid to boost freight traffic on the route.
The company,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
Wan Hai Lines debuts new Vietnam–Thailand–India direct route
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
MSC and ZIM downsize joint Far East-US East Coast service network
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
