Coronavirus pandemic

Coronavirus pushes Avianca Airlines to file for bankruptcy

A white and red Avianca plane on the runway.

Avianca Holdings SA, the second-largest airline in Latin America, filed for bankruptcy protection in U.S. federal court on Sunday, saying it needs relief from creditors as it restructures in an effort to survive the worst crisis in aviation history.

The Colombian flagship carrier suspended all domestic and international passenger operations in late March because of the coronavirus pandemic but has maintained cargo operations with its fleet of dedicated freighters as well as passenger jets used...

https://s29755.pcdn.co/news/coronavirus-pushes-avianca-airlines-to-file-for-bankruptcy

Will wind turbine transporters continue to roll during COVID-19?

The coronavirus pandemic’s global spread earlier this year put the brakes on many U.S. industrial project cargoes, but truckloads of behemoth wind turbine components continue to roll across the nation’s highways.

“Our wind turbine component load count for this year is up 36%,” said Gene Lemke, vice president of projects for St. Cloud, Minnesota-based Anderson Trucking Service (ATS), in a telephone interview with American Shipper. “It’s been a huge bright spot during these difficult times.”

Family-...

https://s29755.pcdn.co/news/will-wind-turbine-transporters-continue-to-roll-during-covid-19

COVID-19 expected to accelerate warehouse automation

COVID-19 expected to accelerate warehouse automation (Photo: Shutterstock)

Of the many structural changes that have happened within the logistics industry during the COVID-19 pandemic, strict adherence to social distancing has become one of crucial significance. Social distancing is easier said than done within supply chains, however, as logistics workers tend to work in crowded spaces. But with isolated working conditions becoming necessary, businesses are looking to introduce a variety of measures, including staggered work schedules and greater automation.

Over the...

https://s29755.pcdn.co/news/covid-19-expected-to-accelerate-warehouse-automation

COVID-19 puts most of Hawaiian Air on standby

The substantial grounding of Hawaiian Airlines (NASDAQ: HA) during the past two months left the carrier with a $144.4 million loss in first quarter earnings.

By the end of March, Hawaiian had grounded 95% of its passenger flights to and from the islands to restrain the spread of the coronavirus. Hawaiian has been impacted more than most by government travel restrictions and quarantines, but analysts say it should make it through the crisis because of its low debt obligations and ability to hold...

https://s29755.pcdn.co/news/covid-19-puts-most-of-hawaiian-air-on-standby

United Deep Dive: Earnings call underscores airlines’ disciplined survival plan

White jet on appoach for landing.

No one knows when the economic depression will end. It’s no surprise that many companies lost money in the first quarter and will have worse results during the second quarter. Instead, investors are trying to figure out who is able to recover fastest and win market share in a post-pandemic reopening.

That’s why no one cares that United Airlines (NASDAQ: UAL) lost $1.7 billion in the first three months of the year. For the airline industry the metrics that count now are liquidity and cash burn....

https://s29755.pcdn.co/news/united-deep-dive-earnings-call-underscores-airlines-disciplined-survival-plan

Scrubber Boom To End? Mixed Opinions from Executives!

  • Shipowners’ interest in exhaust gas cleaning systems as an answer to the global sulphur cap is quickly vanishing due to the Coronavirus shockwave.
  • Cost-cutting and the erosion of marine fuel oil premiums would add to the sulphur abatement technology redundant with a “flood of cancellations” are forecasted.
  • The price gap plunged to $50 per tonne late last month, from about $400 per tonne at the beginning of this year reducing scrubber premium, extending the payback period.
  • Decline in scrubber...

http://mfame.guru/scrubber-boom-to-end-mixed-opinions-from-executives/

AWO webcast: Covid-19 tips for crew and vessel owners

A Kirby towboat and tow. David Krapf photo.

As part of its evolving effort to keep the barge industry informed about how best to respond to the coronavirus pandemic, the American Waterways Operators held a webinar on Tuesday to discuss best ways to protect crews and vessels from infection.

AWO members had the chance to ask questions to Dr. Christopher Kuhlman, a board-certified toxicologist and industrial hygienist. Kuhlman works at the Center for Toxicology and Environmental Health, which helps companies prepare for, respond to and...

https://www.workboat.com/news/coastal-inland-waterways/awo-webcast-covid-19-tips-for-crew-and-vessel-owners/

Coast Guard Academy to host virtual 2020 graduation ceremony

The Coast Guard Academy announced today that they will hold a virtual graduation ceremony on May 20 due to the coronavirus pandemic.

The graduating class of 2020, along with the rest of the Academy Corps of Cadets, were on spring break when travel restrictions were imposed and they were ordered to remain home. The Corps then shifted to virtual remote classes which are ongoing.

During the virtual ceremony, Chad Wolf, the acting Secretary of Homeland Security is scheduled to deliver the keynote...

https://www.workboat.com/news/government/coast-guard-academy-to-host-virtual-2020-graduation-ceremony/

Video: Golding Barge Line president discusses business and coronavirus

This morning, I sat down with Austin Golding, president of Golding Barge Line, and discussed how the coronavirus pandemic was affecting business and operations on the inland waterways system.

The Vicksburg, Miss.-based tank barge operator specializes in the movement of refined petroleum products, petrochemicals, crude oil and chemical products throughout the entire inland system. The company’s fleet is made up of 63 30,000-bbl tank barges and 25 towboats.

You can access all of our coronavirus...

https://www.workboat.com/news/coastal-inland-waterways/video-golding-barge-line-president-discusses-business-and-coronavirus/

Video: Jackson Offshore’s Matthew Rigdon discusses the Gulf energy market and coronavirus

This morning, I talked with Matthew Rigdon, executive vice president and chief operating officer of Houston-based Jackson Offshore Operators. Rigdon discussed the state of the offshore energy industry and how his offshore service vessel company is dealing with the coronavirus pandemic.

You can...

https://www.workboat.com/news/offshore/video-jackson-offshores-rigdon-discusses-the-gulf-energy-market-and-coronavirus/

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