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Shipping Jun, 08, 2020 0

Navy decides to deal with Stellar Banner shipwreck by sinking it

The Brazilian Navy, via Command of the 4th Naval District (Com4ºDN), determined that the ship Stellar Banner, which ran aground in February of this year in Maranhão will be sunk…
Shipping Jun, 04, 2020 0

Government due to present plan this month to stimulate Brazil’s cabotage

According to the executive secretary of the Infrastructure Ministry, Marcelo Sampaio, this month the federal government is due to present a project to the National Congress that encourages cabotage in…
Shipping Jun, 02, 2020 0

CMA CGM maintains surcharge on reefer containers until September

CMA CGM informed its customers that for operational reasons it will maintain the surcharge (Peak Season Surcharge – PSS) that was applied on April 1, 2020 (shipment date) for reefer…
CMA CGM
Shipping May, 28, 2020 0

CMA CGM to accept digital signatures for LOIs in Brazil

CMA CGM informed its customers that it is implementing the digital signature system (eSignature) for Letters of Instructions / Indemnity (eLOIs) in Brazil.  According to the company, eLOIs are available worldwide…
Shipping May, 27, 2020 0

Barges able to navigate the Paraná river again, helped by Itaipu’s open spillway

The step taken by the Itaipu hydro-electric power plant last week to open its spillway to help vessels navigate along the drought-stricken Paraná River, has had the desired effect.  According…
Shipping May, 24, 2020 0

Maritime industry alerts of possible humanitarian disaster due to crews trapped onboard during pandemic

The International Chamber of Navigation (ICS), the International Federation of Transport Workers (ITF) and the International Trade Union Confederation (ICS) have sent a letter to the Secretary-General of the United…
Shipping May, 19, 2020 0

Maersk’s Latin American president predicts tougher second quarter for Brazil

Maersk’s president for the Latin American region, Lars Nielsen, believes that the region should experience a retraction of up to 25% in its imports in the second quarter of 2020,…
Shipping May, 15, 2020 0

Hapag-Lloyd anticipates harder blow due to coronavirus in second quarter

In the first quarter of 2020, Hapag-Lloyd recorded EBITDA (earnings before interest, taxes, depreciation, and amortization) of US$517 million (EUR 469 million), and a net income of approximately USD 27…
Maersk
Shipping May, 15, 2020 0

Biggest challenges in current times is ensuring supply of containers for exports and space on ships

In a webinar promoted by Maersk entitled “Logistics in challenging times”, the company’s commercial director, Gustavo Paschoa, explained that with exports going at a strong pace and imports not keeping…
CMA CGM
Shipping May, 14, 2020 0

CMA CGM obtains loan of 1.05 billion euros backed by French government

CMA CGM obtained a loan of 1.05 billion euros (US$1.1 billion), with the French government backing 70% of it, so as to reinforce its cash flow during the new coronavirus…