This may lighten the mood, a little. It’s also a reminder of the ingenuity of humankind when faced with challenges. These are a series of images, mostly from Thailand, of the various ways people are trying to battle the coronavirus threat.
But if you are doing shipments of medical supplies, it’s...
DHL Global Forwarding has declared force majeure on its sea and air freight contracts, allowing it to modify its services despite the agreements.
Invoking force majeure allows companies to protect themselves from legal responsibility, something forwarders have been particularly concerned with.
However, insurance companies are advising caution before invoking the clause.
“Force majeure is defined as ‘an event, or a series of related events, that is outside the reasonable control of the party …
The...
https://theloadstar.com/force-majeure-getting-it-wrong-can-be-a-very-expensive-business/
Supply chain disruption outside China continues to spread, alongside the number of quarantines taking place around the world.
In South-east Asia, Vietnam will seal its border with Cambodia tonight, according to Geodis.
“No citizens of either country [will be] allowed to cross,” Geodis said. “From a supply chain standpoint, this stops the entire cross-border trucking between both countries.”
Elsewhere in the region, Manila is in complete lockdown, although cargo is still moving, and …
The post Qua...
https://theloadstar.com/quarantine-and-supply-chain-disruption-spreads-around-the-world/
Major retailers are cancelling or postponing orders, putting Bangladesh’s garment industry, the country’s top foreign currency earner and employer, in jeopardy.
The value of order cancellations up to yesterday reached $124m – but the industry expects more to follow.
The top buyers so far forced to cancel or withhold orders include C&A, Zara, Pull and Bear, Baby Shop, Blackberrys, Inditex and Primark.
Apparel manufacturers say that just after Covid-19 hit China, they faced …
The post Global...
https://theloadstar.com/global-retailers-cancelling-orders-threatens-bangladesh-garment-industry/
News of redundancies is starting to filter in: Freightos was forced to make some 50 staff redundant, about 20% of its workforce, reports JOC. Head of marketing Eytan Buchman said on LinkedIn: “Freightos is very much live and kicking, though (we’re seeing close to record search and new buyer volumes). We just know that, going forward, this will likely be tough and we’re trying to be responsible and as up …
The post Freightos forced to make redundancies as coronavirus hits appeared first on The...
https://theloadstar.com/freightos-forced-to-make-redundancies-as-coronavirus-hits/
HMM is to receive nine ships back that Maersk and MSC sub-chartered March 2017 as part of the carrier’s slot charter agreement with the 2M.
The redelivered tonnage includes three 13,092 teu Danaos-owned vessels on long-term charter from the Greek shipowner.
According to one London broker source, Maersk and MSC took over the charters of the three ships at a discount on the charter party daily hire rate, with HMM paying the …
The post HMM takes 100,000 teu of capacity from the 2M to its new...
https://theloadstar.com/hmm-takes-100000-teu-of-capacity-from-the-2m-to-its-new-alliance/
A judge has overruled a jury’s $93.6m award to ICTSI from the ILWU, over work slowdowns at Portland. The award was reduced to $19m – “the maximum amount sustainable by the proof”. The judge said that an expert witness for ICTSI had “grossly inflated” the economic harm caused, by inflating ICTSI’s baseline shipping volume, and assuming that ICTSI would have been able to raise prices per container and increase shipping volume, …
The post Judge reduces ILWU award to ICTSI over Portland slowdowns...
https://theloadstar.com/judge-lowers-ilwu-award-to-ictsi-over-portland-slowdowns/
Growing numbers of companies are changing tack, shelving production of normal wares to make hand sanitiser and other medical products.
Some forwarders, meanwhile, are offering to ship them.
French luxury group LMVH has switched its luxury perfumes for sanitiser, while small gin distilleries across the UK and Ireland and France’s Pernod Ricard have also stepped in as alcohol supplies in Europe dwindle.
Flow Water Technologies has offered to supply the Cyprus government with disinfectant …
The...
https://theloadstar.com/factories-switch-production-to-boost-medical-supplies-to-fight-covid-19/
Australian shipping lobby group Shipping Australia has slammed today’s decision by the state of Queensland to introduce restrictions on ships calling at its ports, particularly the container hub of Brisbane.
Maritime Safety Queensland (MSQ) today banned all commercial ships from entering ports in the state if the ship, or anyone on board, has been in any country outside Australia within the past 14 days.
Contravention of the MSQ ruling is a criminal …
The post Queensland Covid-19 vessel ban is...
Sea-air shipments via Dubai and Singapore to Europe and the US have either been suspended or seen prices soar.
Aeromar, which specialises in sea freight to Dubai and onward travel by air, said it had suspended its services with immediate effect, although all cargo currently on route would continue.
It said it had been forced to make this decision as airlines began cancelling flights from Dubai.
“We can fix rates three weeks in …
The post Sea-air services disrupted and rates soar as airlines...
https://theloadstar.com/sea-air-services-disrupted-and-rates-soar-as-airlines-suspend-more-flights/