Mississippi River levels are dropping too low for barges to float
The Mississippi River is flowing at its lowest level in at least a decade, and until rain relieves a worsening drought in the region,...
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icarussmith20
- Oct 11, 2022
- 4 min
Luxury cruise industry aims to lower carbon footprint through design technology, alternative fuels
The luxury cruise industry wants to cut its carbon footprint by making more energy efficient ships, tapping new fuels, and improving its...
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icarussmith20
- Oct 5, 2022
- 1 min
Maersk orders six more vessels fuelled by carbon neutral methanol
OSLO, Oct 5 (Reuters) - Container shipping firm A.P. Moller-Maersk (MAERSKb.CO) said on Wednesday it has ordered six additional vessels...
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icarussmith20
- Oct 4, 2022
- 3 min
Ocean freight orders are signaling a big drop in consumer demand
A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean...
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icarussmith20
- Sep 29, 2022
- 2 min
U.S. Approves Temporary Shipping Waiver for Puerto Rico After Hurricane
By David Shepardson (Reuters) -The Biden administration on Wednesday approved a waiver of U.S. shipping rules to address Puerto Rico’s...
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icarussmith20
- Sep 9, 2022
- 2 min
Can Shipping Ever Be Low Emission?
This week Reuters reported that a group of shipping companies have come together to launch an initiative to research the different ways...
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icarussmith20
- Sep 8, 2022
- 2 min
Shipping rates are still falling, in another sign that a global recession may be coming
Freight rates have continued to fall as global trade volumes slow as a result of shrinking demand for goods, the latest data from S&P...
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icarussmith20
- Sep 2, 2022
- 3 min
Gibraltar races to stop 'significant' oil leak from ship collision with gas tanker
(CNN) A cargo ship that collided with a natural gas tanker earlier this week off Gibraltar has "crumpled" and is leaking a "significant"...
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icarussmith20
- Aug 16, 2022
- 2 min
Chinese military ship docks at Sri Lanka port despite Indian concern
COLOMBO, Aug 16 (Reuters) - A Chinese military survey ship docked at Sri Lanka's Chinese-built port of Hambantota on Tuesday after a...
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icarussmith20
- Aug 16, 2022
- 2 min
U.S. freight shipping rates have likely peaked, according to new Cass Freight Index data, in another
U.S. freight rates increased 28% year over year, but declined almost 2% month over month in July, a likely signal that the U.S. market...
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icarussmith20
- Aug 10, 2022
- 2 min
Japanese shipping giant to take part in tidal power project planned for Singapore
Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy...
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icarussmith20
- Aug 9, 2022
- 4 min
The U.S. Jobs Market Has Fully Recovered, Favoring Travel And Shipping Industries
As of last month, the U.S. jobs market fully recouped the number of jobs that were lost due to the pandemic, in less than half the time...
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icarussmith20
- Aug 5, 2022
- 2 min
China's military drills near Taiwan disrupt key shipping lanes
SINGAPORE, Aug 5 (Reuters) - China's military exercises in the waters around Taiwan have prompted some ships to navigate around the...
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icarussmith20
- Aug 4, 2022
- 2 min
Shipping firm Maersk, a barometer for global trade, warns of weak demand and warehouses filling up
AP Moller-Maersk on Wednesday predicted a slowdown in global shipping container demand this year amid weakening consumer confidence and...
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icarussmith20
- Aug 3, 2022
- 2 min
Maersk sees weaker container demand as durable goods sales dry up
COPENHAGEN, Aug 3 (Reuters) - Shipping group Maersk (MAERSKb.CO) expects global container demand to fall this year as sales of durable...
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icarussmith20
- Aug 2, 2022
- 3 min
Shipping arrangements into Ukraine still not ready, Lloyd's official says
LONDON, Aug 1 (Reuters) - Key arrangements including procedures for ships still need to be worked out before empty vessels can come in...
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icarussmith20
- Jul 19, 2022
- 2 min
Clogged California ports face new labor risk from trucking
OAKLAND, July 18 (Reuters) - Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes...
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icarussmith20
- Jun 28, 2022
- 2 min
American shipping law doesn’t sail
NEW YORK, June 27 (Reuters Breakingviews) - It cost $2.20 a barrel to ship gasoline from the Gulf Coast to Colombia earlier this month....
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icarussmith20
- Jun 27, 2022
- 4 min
Hackers can bring ships and planes to a grinding halt. And it could become much more common
Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can...
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icarussmith20
- Jun 23, 2022
- 2 min
Maersk sees no let up in surging cost of shipping goods
LONDON/DUBLIN, June 22 (Reuters) - The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of...
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