13 April 2020

COVID-19: What the media is saying today


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ISSUE NO. 20

PUBLISHED ON 13/04/2020


Shipping Industry Developments

Lloyd’s List

Coronavirus crisis seen as expediting digitalisation push

Allcargo, India’s first multinational company in the logistics sector, is to increase focus on digitalisation. It expects this to be a common trend among companies that will emerge stronger out of the coronavirus crisis

Lloyd’s List

P&I loss prevention faces higher workload linked to virus

P&I club loss prevention departments are drawing on their experience of past pandemics to help members deal with the impact of coronavirus, with some reporting continued heavy demand for their services

TradeWinds

‘Major disruption’ and a bumpy ride ahead for shipping, warns Clarksons

Influential research team says while there is a major demand shock, the ship supply side is more manageable than in the global financial crisis. Shipping faces a major demand shock this year due to the impact of the coronavirus ..

Travel Restrictions

TradeWinds

US imposes 100-day cruise ban over coronavirus threat

Shares for ‘Big Three’ cruise majors head upward through morning trading. The US has barred all passengerships from sailing within its territories through perhaps mid-July, handing the reeling sector yet another challenge amid the coronavirus pandemic. The US Centers for Disease Control..

Other updates on COVID-19

TradeWinds

Coronavirus pushes the reset button on globalisation

Expect a very different maritime global supply chain after the pandemic. Singapore announced last week it would allocate SGD 30m ($21m) towards boosting farming and that some of the money would be for urban farms on the roofs of apartments. The government said its goal was to increase the city-state’s self-sufficiency in food production to 30%.

TradeWinds

IMO says will find ways to advance CO2 talks despite virus fears

Green groups call for digital discussions after indefinite postponement of all IMO talks in London.

The IMO is studying “all available” options to advance decarbonisation talks amid the coronavirus pandemic, after the organisation indefinitely postponed all meetings scheduled

Upstream

Brazil’s Petrobras offers lifeline for flotel suppliers amid Covid-19 crisis

Operator aims to renegotiate contracts but also looks at ways of using fleet during coronavirus pandemic. Brazil’s Petrobras has started adjusting terms on active contracts in the flotel sector after looking at the idea of using some of its fleet…

EVENTS CANCELLED OR POSTPONED

·       NAVEXPO: POSTPONED to 17 Jun – 19 Jun 2020

·       CMA Shipping : POSTPONED to 29 Jun – 1 Jul 2020

·       Marine Money Hong Kong: POSTPONED to 3 Sep 2020

·       Asia Pacific Maritime: POSTPONED to 30 Sep – 2 Oct 2020

·       Posidonia: POSTPONED to 26 Oct – 30 Oct 2020

·       Singapore Maritime Technology Conference: POSTPONED to 21 – 23 Apr 2021

·       TOC Asia: POSTPONED to 20 – 21 Apr 2021

·       Singapore Maritime Week: POSTPONED. TBA

·       Intertanko Annual Tanker Event: POSTPONED. TBA

·       Seatrade Cruise Global: POSTPONED to 12 – 15 April 2021

·       Offshore Technology Conference: CANCELLED

·       ITS 2020: CANCELLED

·       TPM20: CANCELLED

·       Sea Japan: CANCELLED

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