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Russia’s Arctic MiGs Can Cover The Country’s Entire Northern Shipping Route
The U.S. Air Force is working hard to expand the number of bases that can support the service’s most powerful warplanes for missions over...
icarussmith20
Mar 21, 20212 min read
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Shipping Logjams Spread on Crush of Imports
Logjams at U.S. ports are spreading beyond Southern California’s choked gateways, and shipping officials are projecting the backups will...
icarussmith20
Mar 20, 20213 min read
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India’s Top Shipping Company Set to Kick Off Privatization Push
At least five maritime operators are in talks with the Indian government to buy a majority stake in the country’s biggest shipping...
icarussmith20
Mar 11, 20213 min read
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Uber Freight’s Market Access solution helps shippers manage supply chain risks
In February, Uber Technologies Inc. (NYSE:UBER) released its fourth-quarter earnings, showcasing its subsidiary, Uber Freight, which...
icarussmith20
Mar 10, 20212 min read
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Maersk to Launch World’s First Carbon Neutral Vessel in 2023, If Partners Play Along
AP Moller-Maersk says it will launch the world’s first carbon neutral liner vessel in 2023, seven years ahead of its original goal. The...
icarussmith20
Mar 5, 20212 min read
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US coffee roasters weigh price increases, cite shipping inflation
Coffee processors in the United States, the world's largest consumer of the beverage, are reporting significant cost increases in their...
icarussmith20
Mar 3, 20212 min read
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ICE sees spike in shipping fuel and wet freight derivatives trade activity
SINGAPORE, Feb 26 (Reuters) - Trading in 0.5% Marine Fuel Oil (MFO) and Wet Freight contracts hit record levels this month, a year after...
icarussmith20
Feb 28, 20212 min read
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Post-Covid-19, Shipping Tailwinds Will Still Be Strong
Shipping companies have steamed out of 2020 in ship shape as freight rates hit highs. The rollout of vaccines around the world will...
icarussmith20
Feb 27, 20212 min read
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The latest consequence of climate change: The Arctic is now open for business year-round
The Arctic is now open for business year-round after a large commercial ship sailed the Northern Sea Route from Jiangsu, China, to a...
icarussmith20
Feb 23, 20214 min read
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Shipping climate change bill could be passed on to consumers
Consumers could end up picking up the cost of increased shipping charges to tackle climate change, according to Maersk's (AMKBY) CEO. The...
icarussmith20
Feb 22, 20212 min read
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Shipping Container Shortage Gives Commodity Prices Extra Boost
It has rarely been more expensive to move sugar, coffee and copper around the world by sea. Ocean freight rates began to soar last...
icarussmith20
Feb 18, 20213 min read
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Container shipping locked in a ‘significant bottleneck’ as demand surges back
Container shipping firms are locked in a “significant bottleneck” as resurgent global demand stretches capacity and drives up freight...
icarussmith20
Feb 10, 20213 min read
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Ocean container losses topple annual average in 2 months
The World Shipping Council issued an eye-opening report last July. What seemed like a steady stream of vessel fires, capesizes and...
icarussmith20
Feb 7, 20216 min read
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California asks Federal Maritime Commission to take action on agricultural shipping delays
Just one week after CNBC’s two month investigation into shipping carriers’ rejection of U.S. agricultural exports, California is calling...
icarussmith20
Feb 3, 20214 min read
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Pete Buttigieg Is Confirmed as Biden’s Transportation Secretary
WASHINGTON — The Senate on Tuesday confirmed Pete Buttigieg, a former mayor of South Bend, Ind., and a 2020 Democratic presidential...
icarussmith20
Feb 3, 20214 min read
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Ship Operators Seek Calmer U.S. Trade Waters Under Biden
The global shipping industry is hoping that President Biden’s “America is back” declaration means the U.S. is returning to free-trade...
icarussmith20
Jan 29, 20215 min read
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Shipping carriers rejected tons of US agricultural exports, opting to send empty containers to China
Shipping carriers rejected U.S. agricultural export containers worth hundreds of millions of dollars during October and November, instead...
icarussmith20
Jan 27, 20218 min read
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Coronavirus: Seafarers stuck at sea ‘a humanitarian crisis’
The fate of more than 200,000 seafarers who play a crucial role in keeping global trade flowing is being labelled a "humanitarian crisis...
icarussmith20
Jan 26, 20212 min read
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An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%
SINGAPORE — A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and...
icarussmith20
Jan 25, 20214 min read
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Maersk ship loses 750 containers overboard in Pacific Ocean
A cargo ship operated by A.P. Moller-Maersk A/S lost several hundred containers in the Pacific Ocean while sailing through heavy seas...
icarussmith20
Jan 23, 20213 min read
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