top of page
Search


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


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


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


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


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


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


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


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


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


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


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


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


Shipping Fuel Demand Back to Pre-Pandemic Levels -Traders
By Roslan Khasawneh SINGAPORE, Nov 5 (Reuters) – Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) climbed to...
icarussmith20
Nov 6, 20202 min read


Bill Gates joins nuclear-powered shipping push
Bill Gates, one of the richest men in the world, has turned his attention to getting ships powered by nuclear energy. The Microsoft...
icarussmith20
Nov 2, 20202 min read


Maersk Launceston master charged over collision with Greek minesweeper off Piraeus
Germany’s Essberger, the owners of 4,533 teu Maersk Launceston, has revealed that the master of the boxship has been charged in relation...
icarussmith20
Oct 30, 20201 min read


First wave of ships explore green hydrogen as route to net zero
LONDON (Reuters) - Developers across the world are for the first time testing the use of hydrogen to power ships as the maritime industry...
icarussmith20
Oct 30, 20203 min read


Container sector scrambles to avert holiday ‘shipageddon’
Twas the night before Christmas and all though Shenzhen, not a container was stirring; they’d been “rolled” yet again. This is the...
icarussmith20
Oct 29, 20203 min read


Maersk to ship American Covid-19 vaccine around the world
Maersk has sealed a deal with COVAXX to ship the American pharmaceutical firm’s Covid-19 vaccine around the world when and if it gets...
icarussmith20
Oct 28, 20201 min read


Going off on the high seas: Shipping urged to cut food waste
One of the largest container port operators is calling on the shipping industry to tackle a growing yet often overlooked major...
icarussmith20
Oct 28, 20202 min read


Container lines expect U.S. import binge to lose steam
LONDON/LOS ANGELES (Reuters) - Surging shipments into the United States are fueling record high freight costs and logjams at seaports,...
icarussmith20
Oct 27, 20202 min read
bottom of page
