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Shipping May, 13, 2020 0

Itaipu plant opens spillway to help drought-stricken neighbors

The Itaipu Plant announced that starting next Monday, May 18, it will open its spillway to help Paraguay and Argentina, which are suffering from a drought and hence having problems…
Shipping May, 13, 2020 0

Maersk reports positive financial results for first quarter

A.P.Moller-Maersk reported positive financial results for the first quarter of this year, despite the impact of the COVID-19 pandemic on global trade.  According to the company, earnings before interest, taxes, depreciation,…
CMA CGM
Shipping May, 12, 2020 0

CMA CGM applies additional freight charge on cargo bound for Bangladesh

CMA CGM said it will apply an additional freight charge on all cargo bound for Bangladesh, due to the excess volume of cargo going to this destination.  The fee will be…
Shipping May, 11, 2020 0

Collapse in Paraná river bank further hampers Argentina’s grain exports

The collapse of a bank along the Paraná River navigation channel in Argentina, has affected the country’s capacity to make vital grain exports to Brasil. In order to try and restore…
Shipping May, 11, 2020 0

MSC Giselle in quarantine at Santos after two Covid-19 cases were found onboard

On Saturday May 9th, in accordance with health safety measures, the MSC Giselle (on the FI018R voyage) had to suspend its operations at the Santos terminal BTP, as two cases…
Ports and Terminals May, 11, 2020 0

Brazil’s port movement showed only a 1.1% dip in first quarter despite coronavirus pandemic

According to ANTAQ, the national port sector (public ports and private terminals) handled 247.1 million tons in the first quarter of 2020. This is only a 1.1% drop year-on-year.   Whilst…
Shipping May, 05, 2020 0

Log-In invests in a new container carrier to the serve the SAS

Log-In Logística Intermodal invested approximately R$60 million in the acquisition of a new container carrier. The Log-In Endurance will serve the South Atlantic Service (SAS) line, which connects several Brazilian…
Shipping May, 05, 2020 0

Maersk announces adjustments to its services on ECSA

Maersk has told its customers that due to the reduction in market demand in the Far East and Latin America, caused by the COVID-19 pandemic, and the challenges faced in…
Shipping Apr, 30, 2020 0

Explanation of how crew member repatriation works during coronavirus

Due to the new coronavirus pandemic, the arrival of foreigners by sea to Brazil is restricted. Currently, a person is only allowed to disembark in two situations: for emergency medical…
Shipping Apr, 27, 2020 0

Crude oil tanker rates benefit from oil crisis

Crude oil tanker freight rates have increased dramatically due to a record-breaking drop in oil prices. This was caused by panic over the need for oil storage. This reaction has…