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Apr 30, 2020

Port of Seattle shelves cruise terminal development amid COVID-19 uncertainties

The Port of Seattle has delayed the development of the proposed  Terminal 46 cruise terminal as it needs to investigate the impact of the coronavirus pandemic on the market before…

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Apr 30, 2020

Hapag-Lloyd puts ordering of mega boxships on the back burner

Source: Pixabay German liner giant Hapag-Lloyd is postponing the decision on the ordering of new ultra-large containerships until further notice due to the ongoing market uncertainty…

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Apr 29, 2020

ITF: COVID-19 is no excuse to cut seafarers’ wages

At a time when seafarers are keeping the world moving, COVID-19 cannot be used as an excuse to lower the wage and working conditions of seafarers, the International Transport Workers’…

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Apr 29, 2020

Norwegian Cruise Line targets half a billion worth of cost cuts

On the heels of a significant economic blow from the suspension of global cruises due to the COVID-19 pandemic, Norwegian Cruise Line Holdings has had to launch a serious cost-cutting…

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Apr 28, 2020

Meyer Turku in talks to lay off 450 workers

Finnish shipbuilder Meyer Turku shipyard has launched talks with its employees on the layoff of 450 people as a result of the coronavirus crisis on the yard’s operations.…

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Apr 28, 2020

Chinese shipyard wins Hartmann LPG order

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has won an order to build liquefied petroleum tankers for Germany’s Hartmann Group. Image courtesy…

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Apr 27, 2020

Sea-Intelligence: We are at the peak impact of the pandemic in terms of blank sailing

Source: Pixabay Danish consultancy Sea-Intelligence believes that the container shipping market has reached the peak impact of the pandemic in terms of blank sailings. Voiding…

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Apr 25, 2020

Cosco Shipping Heavy Industry delivers small LNG carrier

Chinese shipbuilder Cosco Shipping Heavy Industry said it has delivered a 28,000 cubic meter liquefied natural gas carrier. Image courtesy of Cosco Shipping Heavy Industry This…

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Apr 24, 2020

UK presents support package to protect its ferry routes

The United Kingdom government has introduced a multimillion-pound coronavirus support package to keep the flow of goods and services running smoothly in and out of the UK, and around…

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Apr 24, 2020

Clipper Bulk downsizing to mitigate pandemic’s impact

Danish bulker operator Clipper Bulk A/S has launched cost-cutting efforts to combat historically low freight markets caused by the Covid-19 pandemic, which will include job cuts.…

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