COVID-19 causes shipping containers shortages

The COVID-19 crisis which has been the epicentre of the EU is leading to shipping container shortages and goods, which is expected to worsen as China imposes more restrictions concerning incoming vessels, to boost its coronavirus safety measures.

Drewry: More than 40 capesizes to be unemployed in 2019

Drewry reported that due to the latest disaster at the Brazilian mine, Córrego de Feijão, it is possible that the Capesize demand will be decreased by approximately 35-40 vessels in 2019. In a timeframe of one year, one Capesize vessel transfers two million tonnes of iron ore from Hedland to Qingdao, while the same vessel ships just 0.7 million tonnes in a year from Itaqui to Qingdao.

North P&I: Vessel lay-up requirements in Brazil

On 30 October 2017, the Directorate of Ports and Coasts in Brazil issued amendments regarding vessels laying‐up in Brazilian ports and terminals and provided the requirements for the concession of the Laid‐ Up Vessel Certificate.

Liberian Registry, ICS overturn Brazilian court ruling

The Liberian Registry and the International Chamber of Shipping assisted the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which could have had serious consequences for the international shipping industry.

CMPort acquires Brazil's second largest port

China Merchants Port Holdings Company Limited announced that it has entered into a share purchase agreement with TCP Participações, to acquire 90% Stake of the Port of Paranaguá in Brazil, for USD 923 million.

Antwerp invests 10m USD in Brazilian Port

Port of Antwerp, through its subsidiary Port of Antwerp International, will invest 10 million USD in Porto do Açu, a privately owned port complex in São João da Barra, in the northern part of Rio de Janeiro State, in Brazil.

Port of Rotterdam in new agreement for the port of Pecém

Port of Rotterdam has signed a ‘memorandum of understanding’ with the State Government of Ceará with the purpose to jointly study a potential cooperation. This may lead to the joint venture Industrial Port Complex of Pecém.

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