16 March 2020

COVID-19: What the media is saying today


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ISSUE NO. 1

PUBLISHED ON 16/03/2020


TradeWinds

16 Mar 2020

Denmark shuts its borders; Danes told to return home

European nation also to cancel all cruise ship arrivals as well as ferry routes for passenger traffic. Denmark has become the first major shipping nation to close its borders to all nationalities due to the coronavirus.

These border control measures, which came into effect at midday on Saturday, will remain in place until 13 April 2020. Denmark’s Department of Justice said the restrictions will also include a complete stop of all cruise ship traffic to Denmark.


TradeWinds

16 Mar 2020

Fincantieri to close Italian yards for two weeks to prevent spread of virus

Fincantieri has said it will close its shipyards in Italy following a request by unions in an effort to prevent the spread of the coronavirus. Starting from 16 March production will be suspended and employees will take.


Seatrade Maritime News

16 Mar 2020

Container shipping faces 17m teu demand impact from coronavirus

As the coronavirus (COVID-19) sweeps across Europe and the US causing widespread disruption and lockdowns container shipping could see a loss of 17m teu of cargo in 2020.


Splash 247

16 Mar 2020

Top manager takes aim at unfair coronavirus stance on crew

One of the world’s top shipmanagers has hit out at the unfair treatment of stranded crew thanks to the coronavirus.

Thousands of seafarers around the world are having to adjust to longer time away from home as signing on and off ships has become far trickier thanks to the spread of the illness.


Splash 247

16 Mar 2020

American and European ports suffer record low container equipment availability

Available containers at many major ports around the world outside of China stand at record lows, according to new data published today.

The massive box imbalance brought about by the trade war and then the coronavirus sees Chinese ports rammed full of boxes waiting to move, while carriers are urgently deploying extra tonnage to other hubs where equipment shortages are now at their lowest levels ever.


TradeWinds

15 Mar 2020

Greece bans cruises, passengership traffic with Italy

As the coronavirus epidemic spreads in Europe, Greece escalates measures to cope.

Greece, a country highly dependent on tourism revenue, banned cruiseships and chartered yachts from docking at its ports, while suspending all passengership traffic with neighboring Italy.

Commercial cargo flows with Italy, the European country most affected by the coronavirus epidemic, are still allowed under the measures, which take effect immediately and until 15 April. They were announced after a cabinet meeting on Sunday.



Financial Times

15 Mar 2020

Millions confined to homes after Spain and France impose lockdowns

Measures mean 174m people in Europe face restrictions on movement in their own countries


Lloyd’s List

15 Mar 2020

Coronavirus-led blank sailings hit US northwest ports

The northwest ports of Seattle and Oakland have been seen fewer containerised imports coming through as a result of the manufacturing decline in China due to the coronavirus outbreak


TradeWinds

14 Mar 2020

Top four cruise majors halt operations amid coronavirus

The sweeping move will temporarily wipe out more than half of the cruise market. The world’s cruise industry has essentially come to a screeching halt as a result of the coronavirus pandemic.

The world’s four largest cruise companies — Carnival Corp, Royal Caribbean Cruises, Norwegian Cruise Line Holdings and MSC Cruises — have suspended operations for a month in a concerted effort to get the quickly spreading virus under control.


Lloyd’s List

13 Mar 2020

Coronavirus: Governments must let shipping keep on shipping

Putting draconian restrictions on vessels calling from high-incidence countries may seem an obvious and attractive no-brainer response to inevitable public clamour to ‘do something’. It should be rejected


Lloyd’s List

13 Mar 2020

Box lines face $17bn revenue shortfall as demand slumps

What was initially a supply problem emanating from China has now become a demand problem in developed economies. Container carriers could face steep losses if in revenue should the downturn follow previous recessions


Seatrade Maritime News

13 Mar 2020

IMO postpones MEPC meeting due to coronavirus

The International Maritime Organization’s (IMO) key Marine Environment Protection Committee (MEPC) meeting at the end of March has been postponed to a yet to be determined date.


Seatrade Maritime News

13 Mar 2020

President Trump clarifies EU travel ban does not include trade

US President Donald Trump has clarified that a 30-day travel ban from Europe to the US to combat the spread of the coronavirus (COVID-19) does not include trade as the original address implied.


Splash 247

13 Mar 2020

Liners warned to brace for 17m teu drop in volumes this year

With cases of coronavirus outside China accelerating fast, container shipping experts are having to rethink the full scale potential drop in the trade for 2020, with one well-known analyst suggesting the disease could see a total loss of 17m teu this year.

Latest data shows there are now 128,343 confirmed coronavirus cases, with an ever growing portion – now 37% – reported outside of China where the disease started.


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