keo nha cai moi nhatNews Highlights week: 17- 2020

Carriers, including Maersk, Cosco Shipping Lines, and Hapag-Lloyd, are launching a short-term program of blank sailings on keo nha cai moi nhat East Coast South America-Asia trade that could see capacity slashed by more than half in keo nha cai moi nhat next month. keo nha cai moi nhat move is intended to shore up freight rates that have dropped to around 0-,000 per FEU from about ,400 per FEU at keo nha cai moi nhat beginning of keo nha cai moi nhat year.
Ocean Network Express has provided keo nha cai moi nhat first evidence of keo nha cai moi nhat impact of blanked sailings on carriers’ lifted volumes. keo nha cai moi nhat Singapore-based carrier’s transpacific liftings fell 6.7% in keo nha cai moi nhat three months to keo nha cai moi nhat end of March, indicating that other carriers will report similar volume decreases when they begin to publish first quarter of keo nha cai moi nhat year results from keo nha cai moi nhat beginning of next month.

U.S. oil prices as well as international benchmark Brent crude have seesawed this week. keo nha cai moi nhat May contract for U.S. benchmark West Texas Intermediate dived deep into negative territory earlier this week, for keo nha cai moi nhat first time in its history, and traded at negative .63 per barrel. That meant producers had to pay traders to take keo nha cai moi nhat oil off their hands. While Brent tumbled overnight to its lowest since 1999, at .98, it did not enter into negative territory. (CNBC)
In a letter to keo nha cai moi nhat Ministry of Shipping and port-terminal stakeholders, keo nha cai moi nhat Container Shipping Lines Association (CSLA), which represents foreign carriers in India, said keo nha cai moi nhat latest inventory numbers at Jawaharlal Nehru Port Trust (JNPT) suggest a supply chain bottleneck of alarming proportions is beginning to take shape even as carriers took a raft of proactive measures to induce cargo clearance. (Journal of Commerce)
Ship recycling activities in India — home to some of keo nha cai moi nhat biggest shipbreaking yards in keo nha cai moi nhat world — have resumed after almost a month, following a complete standstill when
India announced a nationwide lockdown to slow keo nha cai moi nhat spread of keo nha cai moi nhat coronavirus. However, keo nha cai moi nhat resumption of ship recycling activities is being strictly monitored through mandatory thermal screening, social distancing, handwashing at regular intervals and with adequate personal protective equipment for all workers.
Danish Shipping said it was “deeply concerned” about keo nha cai moi nhat latest example of earmarked state aid by keo nha cai moi nhat South Korean government. “This follows a series of other Korean government support initiatives, which has led to keo nha cai moi nhat construction of vessels, that there
is currently no demand for,” said Jacob Clasen, executive director of Danish Shipping, keo nha cai moi nhat association which represents keo nha cai moi nhat Danish shipping industry.
CMA CGM from July will deploy its APL brand exclusively on keo nha cai moi nhat transPacific trade, where keo nha cai moi nhat carrier holds keo nha cai moi nhat second-largest market share behind Cosco Shipping and its subsidiary line OOCL.

MKT