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Covid-19 must not set back our industry’s safety momentum

Martin Crawford-Brunt, CEO, RightShip, a leading maritime risk management and environmental assessment organisation, assesses the potential effects of the pandemic on the safe working of the maritime sector.

Over the past decade, the shipping industry has made clear, positive steps forward in its approach to safety and risk management. The State of Maritime Safety report published in April 2020 showed that total loss incidents have continued to decline over the last five years, dropping from...

https://container-news.com/covid-19-must-not-set-back-our-industrys-safety-momentum/

Demand ramps up, but lines keep vessels idle

Cancelled capacity has so far matched the decline of global demand give or take 10% according to the Danish consultancy Sea-Intelligence the level of void sailings has now reached three times the capacity reductions for Chinese New Year.

That could change in the third quarter as lines maintain cuts to services amid rising demand. Some 4 million TEU of cancelled capacity globally has been matched by a global demand that has plummeted by 4.4 million TEU this year to date. The major east/west...

https://container-news.com/tight-capacity-set-to-continue-as-demand-ramps-up-but-lines-keep-vessels-idle/

Alliances’ blank sailings continue in the third quarter

Shipping alliances have announced third quarter void sailings due as the repercussions of the global pandemic continues to affect the trades and in spite of evidence that the US economy is slowly seeing demand recover.

THE Alliance comprised of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, will adjust its schedules for July, August and September in the Asia – North Europe trades and in July for the remaining trades, in order to match decreased market demand, caused by the Covid-19...

https://container-news.com/alliances-blank-sailings-continue-in-the-third-quarter/

Another Costamare demolition marks the limit of scrapping candidates

Shipbroker Braemar is forecasting a significant increase in the demolition of feeder ships in the sector makes up the bulk of the 550 idled vessels, with 920 ships in the current aged over 20-years old.

One hundred and thirty vessels in the 1,000-1,999TEU range are idle and 287 of these units are over 20-years old, while only 70 newbuildings are expected up to be delivered by the end of 2022.

Jonathan Roach, a container shipping researcher at Braemar, told Container News, “Position lists for...

https://container-news.com/another-costamare-demolition-marks-the-limit-of-scrapping-candidates/

Union backlash against feeder operators’ challenge to cargo handling rules

Unions launched a legal challenge against ship operators who they claim are reneging on an internationally agreed deal in 2019, following a complaint filed with the European Competition Directorate by six, unnamed, carriers.

Six European short sea container carriers wrote to the EC on 19 May complaining that rules governing the lashing of containers onboard ships breach European competition rules, because, Container News understands, the carriers cannot use competing bodies for the work. So far...

https://container-news.com/union-backlash-against-feeder-operators-challenge-to-cargo-handling-rules/

Yang Ming allotted state loan of nearly US$270 million

Yang Ming Marine Transport Corporation will receive TW$8 billion (US$269.41 million) from the Taiwanese government’s recently announced financial assistance for the shipping industry.

Through the Ministry of Transportation and Communications and the National Development Fund, the Taiwanese government has a 45% stake in Yang Ming.

Yang Ming’s chief financial officer Ho Hsiu-chi said on 9 June that the TW$8 billion will be a low interest loan, at a rate of between 1.1% and 1.5%, with interest for...

https://container-news.com/yang-ming-allotted-state-loan-of-nearly-us270-million/

CMA CGM and Hapag-Lloyd reveal fresh rates

French carrier CMA CGM and German operator Hapag-Lloyd have announced new freight rates for June and July in several regions around the world.

Effective from 15 June, the Marseille-based company will implement a rate restoration programme from all Asian ports to the Red Sea region for dry, out of gauge (OOG), breakbulk and reefer cargo of US$300/TEU.

In addition, the French shipping group will apply new weight charges from Spain and Italy. In particular, CMA CGM will introduce a weight charge of...

https://container-news.com/cma-cgm-and-hapag-lloyd-reveal-fresh-rates/

sennder acquires French rival to create mega-platform in Europe

German digital freight forwarder, sennder has acquired the French rival freight technology company, Everoad, to build the largest digital road freight forwarding platform in Europe.

Both platforms, which have joined forces under the name “Everoad by sennder”, connect large companies with small trucking firms, making it possible to have a diversified fleet to deliver their products.

While the Covid-19 pandemic hurt the logistics industry’s profitability, sennder CEO and co-founder, David...

https://container-news.com/sennder-acquires-french-rival-to-create-mega-platform-in-europe/

US decision to remove HK trade privileges adds to China tensions

Liner operators are concerned about the US decision to remove Hong Kong’s trade privileges, which was triggered by China’s plans to impose a national security law on the territory after democracy protests.

The special trading status conferred on Hong Kong by the US is based on the United States-Hong Kong Policy Act of 1992. As part of the settlement with the UK government when Hong Kong was returned to Chinese rule in 1997, the Chinese government agreed the former British colony would have “a...

https://container-news.com/us-decision-to-remove-hk-trade-privileges-adds-to-china-tensions/

DNV GL director praises ICS for its position on seafarers during Covid-19

Work produced by the International Chamber of Shipping (ICS) to provide seafarers with a workable solution within safe working limits during the Covid-19 outbreak has been praised by the director of Maritime at class society DNV GL.

In an exclusive interview with Container News Knut Ørbeck-Nilssen said that the proposals from the ICS were “very good” and that the “Authorities should let go of the fear factor and agree the concrete proposals,” adding, “I wish it could happen tomorrow”.

Ørbeck-Nilss...

https://container-news.com/dnv-gl-director-praises-ics-for-its-position-on-seafarers-during-covid-19/

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