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Maritime asks Washington for $3.5 billion and vaccine priority
By Nick Blenkey American maritime and supply chain trade associations and organizations last week sent letters to Secretary of the...
icarussmith20
Dec 15, 20203 min read
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Ag shippers feel pain from lack of ocean containers
A perfect storm of container unavailability, labor shortages and lack of chassis and warehouse space is wreaking havoc for U.S....
icarussmith20
Dec 10, 20203 min read
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More than 1,900 shipping containers lost near Hawaii, some containing 'dangerous goods'
The U.S. Coast Guard has cautioned sailors around Hawaii after more than 1,900 shipping containers fell off a Japanese-flagged ship last...
icarussmith20
Dec 8, 20202 min read
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China trade surplus hits record $75B as Nov exports soar
BEIJING (AP) — China’s politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged 21.1% over a...
icarussmith20
Dec 7, 20202 min read
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Shipping halted as freighter remains aground in Detroit River
A freighter ran aground early Wednesday in the lower Detroit River near Grosse Ile causing a vessel attempting to avoid it to hit bottom...
icarussmith20
Dec 3, 20203 min read
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China Complains of U.S. Harassment of Chinese Airline and Ship Crews
HONG KONG—China accused American officials of harassing Chinese airline and shipping crews that arrive in the U.S. in attempts to single...
icarussmith20
Dec 1, 20203 min read
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Online holiday shopping explosion expected to cause shipping stress
If you want your holiday gifts to arrive on time, better do your online shopping early. With e-commerce sales surging to new records as...
icarussmith20
Nov 30, 20202 min read
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Boatloads of cargo are waiting in the waters off Los Angeles
A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin...
icarussmith20
Nov 23, 20204 min read
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COVID lockdown sequel threatens shipping demand
Europe locked down in March. Many U.S. states followed suit in April. Demand for containerized cargo and oil evaporated overnight. Now,...
icarussmith20
Nov 21, 20204 min read
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Maersk Line Expects Trade Rebound in 2021
Danish shipping and logistics giant A.P. Moeller-Maersk A/S expects that the global container market could expand by up to 5% in 2021 in...
icarussmith20
Nov 19, 20203 min read
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Container freight rates soar on consumer goods boom, supply chain kinks
SINGAPORE (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and...
icarussmith20
Nov 18, 20202 min read
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World’s largest shipping firm reports faster-than-expected third-quarter rebound
Maersk, the world’s largest container shipping firm, matched third-quarter profit expectations on Wednesday amid a stronger-than-expected...
icarussmith20
Nov 18, 20202 min read
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Anger as UN body approves deal that allows ship emissions to rise to 2030
Countries have agreed a package of energy efficiency measures that will allow emissions from global shipping to continue to rise until...
icarussmith20
Nov 18, 20204 min read
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Peak season congestion traps truckers for hours at LAX cargo terminals
The plight of truckers serving the port complex of Los Angeles/Long Beach has led to calls from industry bodies for a stay on demurrage...
icarussmith20
Nov 17, 20202 min read
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Shipping Industry Proposes $5 Billion Program to Help Decarbonize Shipping
The global shipping industry is urgently calling on governments to move forward on a proposal for a $5 billion industry-financed research...
icarussmith20
Nov 17, 20204 min read
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Maersk moves quickly in reaction to criticism of delays in California ports
Maersk reacted quickly to last week’s broadside criticism of the current state of operations in the ports of Long Beach and Los Angeles,...
icarussmith20
Nov 15, 20203 min read
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Hapag-Lloyd sees higher earnings on cheaper fuel, stabilising demand
FRANKFURT, Nov 13 (Reuters) - German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel...
icarussmith20
Nov 13, 20202 min read
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Time to launch carbon plan for shipping is now, industry says
LONDON (Reuters) - The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials...
icarussmith20
Nov 12, 20202 min read
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Acute container shortages roil global supply chains
Container surcharges are piling in as global supply chains shudder from an extraordinary shortage of available forty foot boxes in no...
icarussmith20
Nov 11, 20203 min read
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Maersk Names Zero Carbon Shipping Center's Management Team
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Tuesday announced its management team. to join CEO Bo Cerup-Simonsen in...
icarussmith20
Nov 11, 20203 min read
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