Although the global economy is still predicted for a recession in 2020, the intensity of it is now lower than previously anticipated, analysis of the IMF projections by shipping consultant SeaIntelligence shows. Compared to June,...Read more
Project logisticsThe Covid-19 pandemic is forcing freight forwarders to expand their services in order to secure contracts. “We have to rethink how we handle project forwarding and offer additional services like engineering”, said managing director Maria...Read more
EventsBreakbulk Europe has been cancelled for 2020. “Government regulations impose a ban on all events and exhibitions with 1,000 or more participants until 31 October 2020, which means it is impossible to deliver the event...Read more
Throughput in the port of Rotterdam decreased by 9.1 per cent in the first half of the year compared with 2019, amounting to 218.9 million tonnes. Container throughput was only 3.3 per cent down on...Read more
Project logisticsDHL has regained its confidence for 2020 after performing well in the second quarter. The company has issued profit guidance of between EUR 3.5 and 3.8 billion, which is just slightly lower than the operating...Read more
Project logisticsMaersk Special Project Logistics (SPL) has shipped 53.3 million N95 facial masks from Asia to North America between April and May. Not wit its container vessels, but by air, using multiple full Boeing 747-400F and...Read more
Air cargoPRESS RELEASE – Against the backdrop of the Covid-19 pandemic, Bolloré Logistics is extending its special weekly cargo freight service between Europe and West Africa until 31 July 2020.Read more
Critical logisticsPRESS RELEASE – Geodis has transported 13 million masks from China to the US using an Antonov AN-124, the world’s second-largest aircraft. The shipment of personal protective equipment (PPE) arrived at Hartsfield Jackson Atlanta International...Read more
ShippingThe German shipowners association VDR warns that the pandemic has an even bigger impact on the country’s shipping industry than the financial crisis of 2008. “Substantial segments of the German merchant fleet are foreseeably endangered...Read more
Ro/roA combination of the pandemic and slower markets have seen Wallenius Wilhelmsen’s volume drop by 20 percent. As a result, the carrier’s sales declined by 18% and the company booked a net loss of 285...Read more
OffshoreDespite the inevitable negative impacts of the pandemic and oil crisis combined, Boskalis is “cautiously confident” about the rest of the year now Covid-19 restrictions are stabilizing. The company ended the first quarter above expectations...Read more
Crew changesBy May 15 there will be 150,000 seafarers stuck at sea as countries around the globe are denying shore access in fear of the coronavirus. Today at noon, ships around the world will sound their...Read more
ShippingPRESS RELEASE – AAL Shipping has launched a new initiative offering free freight transport to charities worldwide. Named ‘Get Onboard!’, the initiative will run for an indefinite period and will consider any registered charity worldwide...Read more