Shipping

The Port of Virginia will close one of its terminals due to COVID-19’s impact on global trade.  Starting May 4, 2020, the port’s Portsmouth Marine

By Mike Wackett (The Loadstar) – Headhaul capacity withdrawn by Asia-Europe and transpacific carriers has reached 3m teu, according to a survey by

By Mike Wackett (The Loadstar) – Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity

A major accident was caught on camera today at the Port of Busan today when a containership struck multiple shoreside gantry cranes and another ship while

By Gavin van Marle (The Loadstar) – The container shipping industry could lose as much as $23bn this year from reduced demand in the wake of the

An ultra-large containership belonging to CMA CGM is bypassing the Suez Canal on its return trip to Asia, adding some 3,000 miles and five days to the journey

French shipping giant CMA CGM has confirmed that health officials have cleared CMA CGM Marco Polo crew members of COVID-19 after a crew member fell ill after

By Ian Putzger in Toronto (The Loadstar) – The repercussions of Covid-19 have begun to hit US imports. As retail outlets, as well as many manufacturing

A 334-meter containership has run aground on the Lower Mississippi River near Poydras, Louisiana.  The U.S. Coast Guard reports that watch standers at

By Ira Breskin – The world’s container shipping industry is well-positioned to withstand the COVID-19 -induced downtown, say industry experts. Speakers

By Jonathan Saul LONDON, March 20 (Reuters) – The world’s number two container line MSC is in talks with the United Arab Emirates after the Gulf

By Jen Skerritt (Bloomberg) — A shipping container shortage that’s left everything from Thai curry to Canadian peas idling in ports may be about to

By Mike Wackett – MSC is deploying the world’s biggest ships to evacuate empty containers from China to the US, as carriers on the transpacific try

LONDON, March 12 (Reuters) – The International Maritime Organization (IMO), the United Nations’shipping agency, has closed its headquarters in

The Digital Container Shipping Association (DCSA) has rolled out its cyber security guidance to prepare shipowners and vessels for the International Maritime

PARIS, March 6 (Reuters) – French shipping group CMA CGM said its operations in China were returning to normal after the coronavirus

CMA CGM said business operations appear to be recovering from impacts of the novel coronavirus outbreak in China.  The welcomed news was provided in an

By Gavin van Marle (The Loadstar) – Freight forwarders sending goods out of Europe to Asia face one of the tightest capacity crunches in living memory

By Jack Wittels (Bloomberg) — A tweak to new environmental rules for the shipping industry is just days from taking effect, closing off a loophole for

By Antonio Vanuzzo and Laura Benitez (Bloomberg) — The coronavirus outbreak is threatening to scupper a debt refinancing for the world’s third-largest