Maersk speeds up decarbonisation target by a decade
COPENHAGEN, Jan 12 (Reuters) - (This Jan. 12 story, corrects paragraph 11 to say that Maersk's targets are not currently approved by the...
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icarussmith20
- Jan 13, 2022
- 2 min
Can Shipping Really Go Green?
In the past, shipping containers have been notoriously bad for the environment. Generally speaking, the environmental effects of...
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icarussmith20
- Jan 12, 2022
- 1 min
Shipping group Maersk expects cargo delays to persist
COPENHAGEN, Jan 11 (Reuters) - Top container shipping firm A.P. Moller-Maersk (MAERSKb.CO) on Tuesday warned its customers it was still...
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icarussmith20
- Dec 23, 2021
- 2 min
Shipping giants will plot course for landbound M&A
LONDON, Dec 22 (Reuters Breakingviews) - Shipping giants are heading for port, but not in the traditional sense. Companies like Denmark’s...
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icarussmith20
- Dec 1, 2021
- 4 min
What’s the Green Fuel of the Future for Shipping?
Shipping is the backbone of the global economy, carrying more than 80% of traded goods. But it also accounts for almost 3% of man-made...
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icarussmith20
- Nov 24, 2021
- 2 min
The worst is over for global supply chains, but shipping association says industry faces lingering i
The worst is over for global supply chains, but not all problems the shipping industry faces have gone away, said the chairman of a...
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icarussmith20
- Nov 23, 2021
- 2 min
Cost of shipping a container from Asia jumped over 500% since last year, Traeger Grills CEO says
Traeger CEO Jeremy Andrus told CNBC’s Jim Cramer on Monday that rising shipping expenses were a major reason for the grill maker’s...
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icarussmith20
- Nov 19, 2021
- 2 min
Surging shipping costs will drive up prices for some consumer products by 10%, new UN report finds
BEIJING — The global surge in container shipping rates could send consumer prices 1.5% higher over the next year, according to a report...
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icarussmith20
- Nov 18, 2021
- 1 min
Shipping rate surge threatens global economy recovery, UNCTAD says
LONDON, Nov 18 (Reuters) - A surge in container shipping rates poses a threat to the global economic recovery, with small countries...
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icarussmith20
- Nov 17, 2021
- 2 min
California ports delay planned fines for shipping containers amid 'improvement' in backlog
The Ports of Los Angeles and Long Beach have delayed a plan to impose fees on backlogged shipping containers that was set to take effect...
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icarussmith20
- Nov 3, 2021
- 2 min
Supply chain disruptions will take ‘quite a long time’ to resolve, says shipping firm CEO
Disruptions in global supply chains — which have led to a shortage of some goods — will take “quite a long time” to resolve and push...
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icarussmith20
- Nov 2, 2021
- 1 min
Maersk profits triple on record freight prices
Shipping giant Maersk says profits tripled over the latest quarter. Earnings hit $6.9 billion on the back of record-high freight rates....
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icarussmith20
- Oct 29, 2021
- 2 min
Industry looks to U.N. climate talks to steer cleaner shipping
LONDON, Oct 28 (Reuters) - World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make...
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icarussmith20
- Oct 25, 2021
- 2 min
Shipping drifts off net-zero course without carbon levy -study
COPENHAGEN, Oct 25 (Reuters) - The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by...
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icarussmith20
- Oct 20, 2021
- 2 min
Shipping industry faces ESG heat from lenders
LONDON, Oct 19 (Reuters) - Banks are demanding much stricter environmental criteria when financing shipping companies as investor...
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icarussmith20
- Oct 18, 2021
- 2 min
The shipping crisis has gotten so bad that some companies are chartering air cargo planes
The shipping crisis is boosting demand for air cargo, with desperate retailers sending the price of an air freight charter to record...
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icarussmith20
- Oct 1, 2021
- 2 min
Hapag-Lloyd CEO says shipping still in the thick of supply chain disruptions
FRANKFURT, Sept 30 (Reuters) - Global container shipping problems related to post-COVID 19 logistics problems have intensified in the...
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icarussmith20
- Sep 27, 2021
- 5 min
Cargo Piles Up as California Ports Jostle Over How to Resolve Delays
Nike Inc. doesn’t have enough sneakers to sell for the holidays. Costco Wholesale Corp. is reimposing limits on paper towel purchases....
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icarussmith20
- Sep 23, 2021
- 3 min
Call to action: Governments’ commitment vital to decarbonize shipping by 2050
The phrases “global level playing field” and “commercially viable” were mentioned several times during a launch event Wednesday that...
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icarussmith20
- Sep 22, 2021
- 2 min
Top global companies call for zero emissions shipping by 2050
LONDON, Sept 22 (Reuters) - More than 150 leading companies and organisations including oil majors and port authorities on Wednesday...
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