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World’s first crewless and green cargo ships: how they could usher in a new age for shipping freigh
The world’s first autonomous electric cargo ship is set to commence operations in Norway this year. The Yara Birkeland is powered by a...
icarussmith20
Aug 28, 20212 min read


Who’s really feeling the shipping cost squeeze?
Another week, another surge in shipping costs. But just how big has the surge been? It all depends on who you ask. Over the past seven...
icarussmith20
Aug 27, 20213 min read


What’s causing the current trade imbalance?
In June, the United States growing trade deficit hit a new height; $75 billion. The airwaves have long been filled with politicians,...
icarussmith20
Aug 26, 20214 min read


The world's third busiest container port is back but the shipping crisis isn't over yet
One coronavirus case was all it took to shut down a critical part of the world's third busiest container port. Now, the Meishan terminal...
icarussmith20
Aug 26, 20212 min read


Maersk spends $1.4 billion on ships that can run on ‘carbon neutral’ methanol
Danish firm Maersk said Tuesday it is ordering eight large, ocean-going vessels able to run on what it called “carbon neutral methanol.”...
icarussmith20
Aug 25, 20212 min read


The shipping crisis is getting worse. Here's what that means for holiday shopping
London (CNN Business)The vast network of ports, container vessels and trucking companies that moves goods around the world is badly...
icarussmith20
Aug 24, 20216 min read


The shipping supply chain is stressed from Covid. That makes it ripe for hackers
By Kevin Collier The global supply chain, where goods are shipped all over the world, is already stretched thin thanks to a year and a...
icarussmith20
Aug 22, 20214 min read


Maersk signs first green methanol deal in step towards dropping fossil fuels
COPENHAGEN, Aug 18 (Reuters) - A.P. Moller-Maersk (MAERSKb.CO) said on Wednesday it had signed a contract securing green methanol as the...
icarussmith20
Aug 19, 20212 min read


Maritime shipping projected to triple by 2050. How will the industry decarbonize?
Maritime shipping, ordinarily something of an "invisible industry," has been a hot topic ahead of this fall’s U.N. Climate Change...
icarussmith20
Aug 17, 20214 min read


Cass Freight Index: U.S. freight volumes return to pre-pandemic levels in July, costs go higher
The Cass Freight Index for July released Thursday shows volumes of goods being shipped by truck, car and rail in North America returning...
icarussmith20
Aug 15, 20212 min read


China’s zero-Covid policy is so strict that it shut down a whole shipping terminal
China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one worker was found to be...
icarussmith20
Aug 14, 20213 min read


The world's largest container shipping firm posts soaring second-quarter earnings
Maersk, the world's largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and...
icarussmith20
Aug 8, 20212 min read


Where Did All the Shipping Containers Go?
The shipping container that has been the building block of global trade growth is turning into the latest source of frustration for...
icarussmith20
Aug 5, 20214 min read


How Serious Are Shipping Delays For U.S. Business?
The global shipping industry has endured a hammering over the past six months. In March the blockage of the Suez Canal caused global...
icarussmith20
Aug 4, 20213 min read


Another shipping crisis strikes, threatening delays to Black Friday shopping
The 2021 holiday shopping season could be marred by out-of-stock goods and shipping delays as the recent floods in Europe and China...
icarussmith20
Aug 3, 20214 min read


Toy makers scramble as shipping snarls threaten to spoil Christmas
Logjams at seaports around the world are leaving some American toy companies scrambling this summer to ensure sufficient supply will...
icarussmith20
Aug 1, 20214 min read


Ever Given, the Ship That Blocked the Suez, Makes It to Port
ROTTERDAM, Netherlands—The Ever Given, the container ship that blocked the Suez Canal for days and disrupted global shipping for weeks...
icarussmith20
Jul 29, 20213 min read


Shipping prices may be heading higher but are ‘not super yet,’ analysts say
Shipping rates may be rising, but they are “not super yet,” according to one analyst. Dry bulk shipping rates surged this year as the...
icarussmith20
Jul 28, 20214 min read


Swamped Union Pacific halts all rail shipments from US west coast for a week
Shippers in America, slammed by record rates and delays, have been hit with another mini black swan event. Railroad operator Union...
icarussmith20
Jul 18, 20212 min read


The Briefing: What’s Causing Worldwide Shipping Delays?
As the coronavirus pandemic swept across the world and plunged many countries into lockdown, shopping habits changed dramatically. This...
icarussmith20
Jul 14, 20213 min read
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