International

WISTA invites seafarers to connect virtually for free

The Women’s International Shipping and Trade Association (WISTA) announced Monday that seafarers in some countries can get free membership in national chapters.

Membership in WISTA Norway, United Kingdom, Singapore, Brazil or Argentina gives seafarers from or working in those countries access to the largest network of female managers in the shipping industry as well as online programming.

WISTA Norway is credited with the idea of offering free memberships.

“While most of the world is on lockdown,...

https://s29755.pcdn.co/news/wista-invites-seafarers-to-connect-virtually-for-free

FMC urges Congress to aid distressed US box terminals

Steep reductions in containership sailings over the next several months due to the ongoing coronavirus pandemic have many U.S. marine terminal operators wondering how they are going to afford their annual lease payments to port authorities.

The country’s nearly 100 large and small container terminals are on some of the priciest industrial property. According to industry experts, terminal operators in the Port of New York and New Jersey annually spend about $90,000 per acre as port authority...

https://s29755.pcdn.co/news/fmc-urges-congress-to-aid-distressed-us-box-terminals

Celadon in talks to sell Mexican business for $2.4 million

Tractor-trailers of Celadon's Jaguar Transportation

Bankrupt Celadon Group is pursuing a deal to sell its Mexican businesses to White Willow Holdings for $2.4 million after the proposed $7 million sale to P.A.M. Transportation Services fell through, according to a court filing.

Luminus Management-backed White Willow “put forth the best offer” for its Mexican subsidiaries, Celadon said in an April 30 filing in U.S. Bankruptcy Court. The deal also provides for 78% of Mexican tax refunds owed to Celadon – worth as much as $18.5 million – going back...

https://s29755.pcdn.co/news/celadon-in-talks-to-sell-mexican-business-for-2-4-million

Navigating service contract negotiations during COVID-19

This is no ordinary year for American shippers and freight forwarders that are attempting to finalize their annual ocean service contracts with the container carriers.

The uncertainty of how much cargo will be available from the shippers and the amount of capacity offered by the carriers for the next contract season, which generally starts in May, remains anyone’s guess in the face of the ongoing coronavirus pandemic.

“The biggest obstacle we face in service contract negotiations this year is the...

https://www.freightwaves.com/news/navigating-service-contract-negotiations-during-covid-19

COVID-19 long-term impacts: Increased automation, remote working

COVID-19 long-term impacts: Increased automation, remote working (Photo: Shutterstock)

The COVID-19 impact on supply chains has been total, as it ended up playing havoc on demand and supply equations, while also creating uncertainty in available capacity for hauling freight. But as more and more countries flatten the pandemic’s growth curve, demand is expected to increase in the coming months. And as Chinese industries get back on their feet, volumes will decidedly grow as well. 

In that context, maritime freight movement has never been more critical to jumpstart paralyzed...

https://www.freightwaves.com/news/covid-19-long-term-impacts-increased-automation-remote-working

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