top of page
Search


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...
icarussmith20
Nov 18, 20211 min read


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...
icarussmith20
Nov 17, 20212 min read


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...
icarussmith20
Nov 3, 20212 min read


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....
icarussmith20
Nov 2, 20211 min read


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...
icarussmith20
Oct 29, 20212 min read


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...
icarussmith20
Oct 25, 20212 min read


Shipping industry faces ESG heat from lenders
LONDON, Oct 19 (Reuters) - Banks are demanding much stricter environmental criteria when financing shipping companies as investor...
icarussmith20
Oct 20, 20212 min read


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...
icarussmith20
Oct 18, 20212 min read


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...
icarussmith20
Oct 1, 20212 min read


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....
icarussmith20
Sep 27, 20215 min read


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...
icarussmith20
Sep 23, 20213 min read


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...
icarussmith20
Sep 22, 20212 min read


Maersk CEO sees no sign of freight market easing this year
COPENHAGEN, Sept 16 (Reuters) - Danish shipping giant A.P. Moller-Maersk (MAERSKb.CO) sees no indication that the current red-hot...
icarussmith20
Sep 19, 20211 min read


Shipping stocks hit fresh highs amid COVID-era supply chain chaos
The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store...
icarussmith20
Sep 14, 20213 min read


Shipping giant CMA CGM to halt spot freight rate rises until February
PARIS, Sept 9 (Reuters) - French container shipping group CMA CGM said on Thursday it was stopping all increases in its spot freight...
icarussmith20
Sep 12, 20211 min read


Another cargo ship refloated after briefly blocking Suez Canal
A Panama-flagged ship briefly blocked the Suez Canal on Thursday before being successfully refloated, roughly six months after another...
icarussmith20
Sep 12, 20212 min read


How the pandemic turned humble shipping containers into the hottest items on the planet
London (CNN Business)The 30,000 aluminum tins were supposed to show up in a 20-foot shipping container in July. Months later, they...
icarussmith20
Sep 8, 20215 min read


Shipping industry proposes levy to speed up zero carbon future
LONDON, Sept 6 (Reuters) - Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help...
icarussmith20
Sep 7, 20212 min read


Shipping giant Maersk orders 8 'carbon-neutral' vessels
In a major step forward for the decarbonization of shipping, Maersk has announced plans to purchase eight container vessels that can run...
icarussmith20
Aug 31, 20212 min read


No Quick Fix for Shipping Crisis Creating Supply Chain Bottlenecks
WASHINGTON - A significant spike in demand for consumer goods in the United States and Europe, combined with disruptions caused by the...
icarussmith20
Aug 29, 20214 min read
bottom of page

