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Coronavirus & Containers

Daily news, analysis and updates from the Lloyd’s List team on how the coronavirus outbreak is affecting the container sector

 

 

How is the coronavirus affecting Containers?

Hong Kong tightens crew change policy as infections rise

The draconian rule that all entering seafarers take a swab test might require some logistical adjustments for shipping firms to change crew in Hong Kong. However, it may weaken the port’s position as a popular spot for sale-and-purchase brokers to deliver their vessels

Asia Pacific Containers

Cosco agrees blockchain technology deal with Alibaba

The aim is to use blockchain-based technologies to connect data and systems in shipping, ports, logistics and finance among other sectors and create a platform that facilitates integration along the industry chain

Asia Pacific China

Box ports face fresh challenges from lockdown easings

Survey results show signs of improvement but increasing difficulties in hinterland transport

International Containers

Carriers risk charge of profiteering from crisis

Inflated charges and poor service do not make for happy customers, Drewry says

International Containers

Port of Long Beach sets plan for recovery

‘We’re noticing not just a slowdown in blank sailings, we’re actually seeing a reversal. Shipping lines are basically introducing sailings back into the rotations that were previously cancelled’ — deputy executive director Noel Hacegaba

US States Containers

Ghost of overcapacity haunts container shipping

Growth in volumes failed to keep up with supply even before the pandemic

International Containers

China renews policy to cut port fees

Latest data from China Ports and Harbours Association has shown signs of a pickup in port throughput last month

Asia Pacific Containers

Many hands make light work in the push to digitalisation

Shipping’s slow trek towards digitalisation has been given a wake-up call by the pandemic; but to make the most of new technologies, companies should look outside their own windows to what is on offer elsewhere

Lloyds List magazine Containers

Weekly briefing: No container demand recovery this year; short-term tanker outlook

Container volumes are unlikely to return to normal levels before the end of this year, according to market analysts, while the short-term outlook for tanker earnings may still be positive despite market sentiment souring in recent weeks

International Dry Bulk

MSC strives for online documentation in search of the ‘holy grail’

Efforts to bring about digital documentation need to be co-ordinated through standards to work

Europe Mediterranean Shipping Co

Long-term ocean freight rates decline on poor economic outlook

Contract prices fell 1.8% in June following a 1.2% decline in May, and are now 1.3% below their levels last year, Xeneta reports

International Containers

German owners press for EU support for shipping

Europe’s shipping industry calls for support against competition from subsidised foreign companies

Germany EU
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