top of page
Search


COSCO Shipping says to buy $2.7 bln port assets from parent, in $2.9 bln ship building deal
Oct 31 (Reuters) - COSCO Shipping Holdings Co Ltd said on Monday it has agreed to buy port assets from its parent for an aggregate 19.7...
icarussmith20
Oct 31, 20221 min read


Rising shipping costs prompt businesses to get creative with deliveries
Rising shipping costs are primed to squeeze profits for businesses of all sizes this holiday season. Entrepreneurs and executives say...
icarussmith20
Oct 25, 20224 min read


Global supply chain woes have seen ‘huge improvement,’ Flexport founder says
Global supply chain woes have eased ahead of the holiday season, according to Flexport founder and co-CEO Ryan Petersen. Ports are less...
icarussmith20
Oct 21, 20222 min read


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,...
icarussmith20
Oct 13, 20221 min read


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...
icarussmith20
Oct 11, 20224 min read


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...
icarussmith20
Oct 5, 20221 min read


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...
icarussmith20
Oct 4, 20223 min read


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...
icarussmith20
Sep 29, 20222 min read


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...
icarussmith20
Sep 9, 20222 min read


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...
icarussmith20
Sep 8, 20222 min read


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"...
icarussmith20
Sep 2, 20223 min read


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...
icarussmith20
Aug 16, 20222 min read


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...
icarussmith20
Aug 16, 20222 min read


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...
icarussmith20
Aug 10, 20222 min read


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...
icarussmith20
Aug 9, 20224 min read


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...
icarussmith20
Aug 5, 20222 min read


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...
icarussmith20
Aug 4, 20222 min read


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...
icarussmith20
Aug 3, 20222 min read


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...
icarussmith20
Aug 2, 20223 min read


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...
icarussmith20
Jul 19, 20222 min read
bottom of page
