Maritime Magazine

The Panama Canal Authority has announced on March 25 that it has adopted more measures to guarantee operations and prevent the further spread of the virus after Panama ordered a mandatory nationwide lockdown to combat the coronavirus pandemic. The Canal Authority created teams with the necessary staffing levels in order to maintain the safe operation

German container shipping giant Hapag-Lloyd has hired over 100,000 TEU of additional equipment across the globe to keep the supply chain flowing amid the ongoing coronavirus crisis. “Our vessels are today operating as usual and our service structure is largely unchanged,” Rolf Habben Jansen, Hapag-Lloyd’s CEO said in a COVID-19 update. «In terms of trade,

China is heading for an up to 5 percent decline in container volume in 2020, according to Alphaliner, the authoritative maritime research firm, which noted that the initial shock of an extended factory shutdown amid the COVID-19 pandemic has been compounded by reduced global demand for Chinese products. Chinese ports account for one third of

A geographer by training, Mr. Labelle held a number of management positions at Canadian National (CN) before joining the Montreal Port Authority (MPA). He brings over 20 years of experience leading multidisciplinary teams in the departments of risk management, intermodal operations and innovation. He was also employed by Aqua-Jet Cargo as an international transportation consultant.

St. Catharines, Ontario – The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 62nd navigation season today, with the transit through Lock 8 on the Welland Canal of the NACC Argonaut, a pneumatic cement carrier that is 50% owned by Algoma Central Corporation. The outbreak of the coronavirus pandemic in recent months is expected to have an

According to a letter from the Italian Ports Association seen by Maritime Magazine, Italian Ports are fully operational while and ensuring the safety of cargo and crew members. The letter can be read bellow. In complete compliance with the measures adopted by the Italian Government, having the primary objective of protecting public health due to the current

Copenhagen, Denmark – The Baltic and International Maritime Council (BIMCO) has revised its outlook for container shipping demand in 2020 from low global demand growth to negative demand growth for the full year. According to BIMCO’s revised forecast, container shipping freight rates are now expected to go down to loss-making levels as the coronavirus pandemic