Week 40 Freight Updates

The following advisory is for all of Kesco’s customers and partners:

On Monday, Sept. 28, CMA CGM announced its servers were affected by a ransomware attack, but at the time, the carrier indicated its systems would quickly return online.

Unfortunately, over the last 48 hours, it has become apparent that CMA’s back-office systems remain severely impacted in ways that include preventing the successful dispatch of arrival notices and assignment of pickup numbers.

Because of this, we are advising all clients with containers on the water, or at the port, to expect delays.

Click here to read more of the CMA’s updates on the situation, and check out our summary of the other top stories for this week’s international shipping news:

How IMO 2020 turned into the Y2K of ocean shipping

IMO 2020 is the Y2K of ocean shipping. After years of dire warnings on fallout to world trade — and dubious pitches on stocks poised to profit — the IMO 2020 regulation ended up being a damp squib. What went so wrong with all the forecasts?

All four of the world's largest shipping companies have now been hit by cyber-attacks

With today’s news that French shipping giant CMA CGM has been hit by a ransomware attack, this now means that all of the four biggest maritime shipping companies in the world have been hit by cyber-attacks in the past four years, since 2017.

Air cargo facing huge post-Golden Week demand: forwarders

The release of new iPhones, Sony PlayStations, and other consumer electronics during the holiday shopping season promises to soak up all available air cargo capacity and push rates to levels seen during the rush for pandemic-linked medical supplies in the second quarter.

International Chamber of Shipping updates health guidance on Coronavirus (COVID-19) to reflect latest knowledge

A great deal has changed since March, when the International Chamber of Shipping first issued guidance for the global shipping industry to help combat the spread of COVID-19. The entire world has been affected, seeing 32 million cases and around one million deaths globally.

CMA CGM suspects malware attack led to data breach

CMA CGM said it believes a malware attack resulted in the unintended release of the company’s data, according to a statement on Twitter. “We suspect a data breach and are doing everything possible to assess its potential volume and nature,” the company wrote.

Changes in inventory strategies add new wrinkle to fall shipping season

Abandoning their lean-inventory strategy, grocery stores and supermarkets have begun stockpiling groceries in readiness for a possible surge in Fall and Winter COVID-19 cases. That’s just another wrinkle for a fall and winter holiday retail season that’s already full of unknowns.

How Savvy Retailers Will Tackle the 2020 Holiday Season

It’s never a dull moment for retailers. As they begin to land on their feet and steady themselves from COVID-19-related shutdowns and downturns, the holiday season is quickly approaching — and with it, many uncertainties tied to the future of their businesses.

Global Maritime Regulator Hit by Cyberattack

The International Maritime Organization, the United Nations arm that regulates global shipping, said its London headquarters has been hit by a cyberattack that brought down its website and internal web-based services.

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