Shipping News
Cargo Ship Runs Aground off Scottish Coast
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A Norwegian cargo vessel ran aground off the Isle of Skye, Scotland, on March 23.

3 Ships Approached in Two Days off West Africa
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Cargo ships transiting the waters off the coast of West Africa have reported at least three suspicious approaches over the past two days.

Wallenius Wilhelmsen to Cut 2,500 Jobs in USA and Mexico
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Oslo-listed RORO owner and operator Wallenius Wilhelmsen has launched temporary layoffs in the USA and Mexico in line with automaker plant closures resulting from measures imposed by governments and industry bodies to stop the spreading of the coronavirus.

Italian Ports Maintaining Regular Operations despite COVID-19
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Italian ports are fully operational despite the impact of the coronavirus pandemic in the country which has taken claimed the lives of 5,476 people, making Italy the worst-hit country by the pandemic.

OOIL Ready for Potential Headwinds
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COSCO-owned transport and logistics company Orient Overseas (International) Limited (OOIL) wrapped up 2019 with a significant earnings growth despite market uncertainties. 

UAE Bans MSC-Operated Boxship for Violating Carriage Ban
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Federal Transport Authority of the United Arab Emirates (FTA) has banned the Panama-flagged containership MSC Joanna from operating in UAE waters and ports for a duration of one year over violation of the carriage ban. 

Ocean Yield Accepts Delivery of Two Scorpio Ultramaxes
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Norwegian ship-owner Ocean Yield ASA has taken delivery of two Ultramax dry bulk vessels purchased from Monaco-based Scorpio Bulkers. 

Team Tankers in Fleet Management Deals with Maersk Tankers, V.Group
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Danish Maersk Tankers has entered into a deal with chemical tanker owner and operator Team Tankers International to take over the commercial management of its 27 tankers and establish two new pools.

LNG-POWERED CMA CGM JACQUES SAADE HEADS FOR SEA TRIALS AS CSSC RESUMES WORK
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The 23,000 TEU LNG-powered containership giant CMA CGM Jacques Saade has set sails for sea trials right on schedule, according to its builder Hudong–Zhonghua Shipbuilding, a wholly-owned subsidiary of China State Shipbuilding Corporation. 

ECSA Supports Ministerial Declaration on Waterborne Transport
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The European Community Shipowners’ Associations (ECSA) has welcomed the Declaration on Waterborne Transport issued on March 11 at the High Level Maritime Ministerial Conference organized by the Croatian Presidency in Opatija.

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