25 March 2020

COVID-19: What the media is saying today


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ISSUE NO. 8

PUBLISHED ON 25/03/2020


Shipping Industry Developments

TradeWinds

Quarantine measures threaten global seaborne trade

Quarantine measures across the globe are threatening shipments of essential goods via seaborne trade, potentially worsening the coronavirus crisis, a panel of shipping experts have warned. With the number of Covid-19 patients surging worldwide, governments have been imposing new containment measures at ports and hinterlands without advance notice, seriously hampering crew changes and cargo operations.

Shipping Watch

Major shipping companies see no need for layoffs

The coronavirus will end at some point. As such, major shipping lines like Maersk, Torm and Norden do not expect to fire employees, according to a survey conducted by ShippingWatch. Bimco chief analyst thinks the carriers are wrong.

Lloyd’s List

Indian seafarers face repatriation difficulties after end of contract

Indian seafarers are advised not to sign off from their ships and return to India after completing their contracts except in an emergency due to the 21-day nationwide lockdown in an attempt to slow the spread of the coronavirus..

Splash 247

ZIM promotes wider use of electronic bill of ladings during coronavirus outbreak

One of shipping’s most archaic practices is getting a shove thanks to tech developments and the coronavirus. Israeli carrier ZIM has completed an additional stage in advancing electronic bill of ladings (e-B/Ls) with the launch of a fully operational e-B/L issued from its legacy system.

Lloyd’s List

Container lines on brink of cashflow crunch

Global carriers are still being paid for freight shipped from Asia before China shut down factories, but now face a hole in their finances as the impact of blanked sailings and reduced volumes starts to be felt…

Lloyd’s List

Coronavirus: US west coast ports taking extra safety measures but remain fully operational

Pacific Merchant Shipping Association vice president Michele Grubbs said California ports are ‘fully operational and open for business’ despite disruptions across many industries coming from the coronavirus outbreak…

Travel Restrictions

The Straits Times

Coronavirus: Malaysia’s movement restrictions extended to April 14

Malaysia’s nationwide movement restrictions to stem the spread of the coronavirus have been extended from March 31 to April 14, as infections have not been reduced.

General update on COVID-19

Financial Times

US congressional leaders agree on $2tn stimulus deal

US lawmakers have struck a $2tn stimulus deal to provide economic relief to American taxpayers and businesses hit by the coronavirus pandemic, in what stands to be the largest congressional bailout in US history.

Financial Times

Coronavirus tracked: the latest figures as the pandemic spreads

The humanitarian costs of the coronavirus outbreak continue to mount, with more than 424,000 people infected globally. The number of people confirmed to have died as a result of the virus has now surpassed 18,900.

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

·       Seatrade Cruise Global: POSTPONED. TBA

·       Offshore Technology Conference: POSTPONED. TBA

·       ITS 2020: CANCELLED

·       TPM20: CANCELLED

·       Sea Japan: CANCELLED

 

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