LEBANON

Statement on Lebanon

IMO Secretary-General Kitack Lim

IMO: Statement on Lebanon

IMO Secretary-General Kitack Lim said: 

“I express my deepest condolences and sincerest sympathies to the families of the victims and to the Government and people of Lebanon following the catastrophic explosions in the port of Beirut yesterday. The port provides a vital artery bringing food, medicines and supplies to the country and its destruction will have devastating consequences. The United Nations is assisting the immediate response...

https://www.allaboutshipping.co.uk/2020/08/05/statement-on-lebanon/

Beirut Port Explosion To Likely Have Long-Lasting Impact On Lebanese Economy – Dryad Global

Beirut Port Overview

Beirut has been rocked by a significant and devastating explosion, following a severe industrial accident in a warehouse, situated in the Beirut’s port complex.

Reporting indicates that a significant explosion has occurred in the vicinity of the port of Beirut. Eyewitness observers, social media footage and local intelligence sources all confirm that a large ‘shockwave’ was observed, and caused significant structural damage to nearby buildings, with the blast radius extending at least 5-10 km...

https://www.marineinsight.com/shipping-news/beirut-port-explosion-to-likely-have-long-lasting-impact-on-lebanese-economy-dryad-global/

Capes and Panamaxes lift the BDI, Explosive Geopolitics amid spreading Coronavirus

John Faraclas

Capes and Panamaxes lift the BDI, Explosive Geopolitics amid spreading Coronavirus

The BDI (Baltic Dry Index) gained 78 points since yesterday and now stands at 1,463. Beirut port explosion brings closer the conflagration in the region. Discipline is the only way to save the day from the Coronavirus anathema. John Faraclas’ brief daily recap:

Wonder how valuations work these days given the volatility of all the Markets, both Dry and Wet…

The WTI was up 72 cents since yesterday (US$...

https://www.allaboutshipping.co.uk/2020/08/05/capes-and-panamaxes-lift-the-bdi-explosive-geopolitics-amid-spreading-coronavirus/

New shipping line between China, Lebanon

Lebanon’s port of Tripoli and Chinese maritime transport company Cosco agreed on Wednesday (Nov.21) to open a maritime line between China and the port for regular export of Chinese products, local media reported.

The line is set to open on Dec. 24, according to the National News Agency.

Tripoli port’s director Ahmed Tamer said that Cosco’s step came after maritime shipping company CMA CGM opened its shipping line between China and the port on Oct. 9.

Read more on Xinhua.

The post New shipping line...

http://container-news.com/shipping-line-china-lebanon/

New line opens between China & Lebanon

A huge container ship named CMA CGM Congo arrived at Lebanese port of Tripoli on Tuesday to open a new shipping line between China and the port.

“The vessel is the first to hold 10,000 containers. It will unload 1000 containers in Tripoli port for the local market, and the rest will go to other ports in the region,” said Ahmad Tamer, manager of Tripoli port.

Tamer said that this new line, Beks, is characterized by its capacity to host big-size cargo vessels that can reach 50 meters in width and...

http://container-news.com/new-line-china-lebanon/

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