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Crude oil, iron ore, coal cargo offloading slows in virus-hit China
Calculating the exact impact on commodity markets from the coronavirus epidemic in China is still a fraught process, with too many unknown variables, but there are some early signs of the effect on physical shipments.
China s imports of crude oil and iron ore so far in February are running at levels well below the preceding months, and also from the same month last year, according to vessel-tracking and port data compiled by Refinitiv.Posted On:15-Feb-2020
Credits: www.bunkerportsnews.com |
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APM Terminals focuses on sustainable port development for KBSP
Khalifa Bin Salman Port, Hidd, Bahrain. An invaluable part of Bahrain s national infrastructure and growth, the Khalifa bin Salman Port (KBSP), operated by APM Terminals Bahrain for over a decade has been a facilitator for the Kingdom s economic progress. With over 800 people working across a wide range of maritime and logistics operations of one of the most efficient ports in the region and 64% Bahrainisation, sustainable port development continues to be a core focus area for APM Terminals Bahrain to drive KBSP s future growth.Posted On:15-Feb-2020
Credits: www.bunkerportsnews.com |
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Coronavirus Outbreak: Royal Caribbean Cancels 18 Sailings
Cruise company Royal Caribbean Cruises has so far canceled a total of eighteen sailings in Southeast Asia and modified several itineraries due to travel restrictions aimed at containing the coronavirus.
Taken together, these measures have an estimated impact on the company’s financial performance for 2020 of approximately USD 0.65 per share.Posted On:15-Feb-2020
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Nauticor, Fassmer Team Up on LNG Newbuilding, Retrofitting Projects
Germany-based LNG supplier Nauticor and compatriot manufacturer of special purpose vessels Fr. Fassmer have unveiled the cooperation in newbuilding and retrofitting projects for ships with LNG engines.
As explained, the duo hopes to generate synergy effects for the commissioning of newbuild or retrofitted vessels, which have been equipped with LNG engines and the respective system components.Posted On:15-Feb-2020
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Tug boat crew prevented from leaving vessel - KIIITV.com
A group of merchant marines has been ordered by the Coast Guard to remain aboard their vessel. The men reportedly haven t been paid in 45 days, but federal law prevents them from getting off the boat. Barbara E. Bouchard is sitting along the Martin Energy Service Dock on Harbor Island in Port Aransas.Posted On:15-Feb-2020
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West Africa: Pirates Attack German Container Ship Off West African Coast
Maritime piracy has increased off the west coast of Africa, in the Gulf of Guinea, despite preventative measures. The issues lie on land rather than at sea. Is it time for the international community to intervene?
A vessel operated by Hamburg-based Bernhard Schulte Ship management was attacked by two speedboats in the Gulf of Guinea on Friday.Posted On:15-Feb-2020
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