Blogs

Global Container Terminals In New York Applies An Emergency Restraining Order On Maersk The Global Container Terminals (GCT) based in New York has recently attempted to issue an emergency restraining order to prevent Maersk and its subsidiary Hamburg Sud from abandoning the port and reminding it to follow the existing contract. Maersk had shown interest in shifting to a nearby terminal at Port Elizabeth that is owned by its well-known sister firm called APM Terminals and this plan has been foiled by the GCT’s prompt interference since the contract between them is still up and running. The Port Of Gothenburg Still Continues With Its Daily Operations Amidst The Pandemic The Coronavirus pandemic is still raging and is gradually crippling numerous parts of the world as all organizations strive to maintain the necessary norms of social distancing. Like the rest of the ports in Sweden, the Port of Gothenburg is still fully functional amidst this chaotic situation that is clearly evident by the positive way in which the freight volumes have received a great boost during the first quarter of the year. Luckily, the COVID-19 pandemic has not managed to inflict a negative impact on the Q1 volumes at the largest port in Sweden. Adani Ports Puts The Direct Port Delivery Of Containers On Hold In the wake of the devastating pandemic that has influenced the maritime operations across the globe, the biggest private port operator in India called the Adani Ports and Special Economic Zone Ltd. (APSEZ) has unfortunately suspended the direct port delivery when it comes to containers. Plus, it has also closed the export gate at its container terminal in Hazira Port due to the excessive clogging of the storage yard as a result of the non-clearance of stored boxes for long. South Korea Decides To Provide Billions As Emergency Funds To Maritime Industry The year 2020 has begun on a rather sad note as millions of lives have been affected due to the raging pandemic that continues to affect the economy of the countries that are suffering from severe damage. The shipping industry has taken a huge hit owing to the inevitable economic crisis that is destroying the trading operations on a global scale. Realizing the need to help the shipping organizations, the South Korean government has announced that it will donate an incredible sum of $1.01 billion as emergency funding. The famous flagship carrier HMM is designated to receive a handsome sum of $382m as it is prepared to receive the delivery of an awe-inspiring series of record-breaking vessels. APM Terminals Mumbai Observes Strict Measures To Fight Against COVID-19 The APM Terminals Mumbai (also referred to as Gateway Terminals India) is taking extra care to follow the necessary precautions that are required to flatten the curve and resist the spread of the dangerous outbreak. At the present moment, the terminal is only allowing business-critical visits that are of the utmost importance and through prior approval. The crew is strictly observing the rules and regulations of social distancing, sanitizing frequently, wearing safety masks and washing hands quite often. Sources: https://splash247.com/new-york-terminal-attempts-to-put-an-emergency-restraining-order-on-maersk/ https://www.porttechnology.org/news/covid-19-has-no-tangible-impact-on-swedens-largest-port/ http://www.maritimegateway.com/adani-ports-suspends-direct-port-delivery-containers/ https://splash247.com/seoul-hands-out-billions-to-yards-and-lines/ http://www.eximin.net/NewsDetails.aspx?name=43808