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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


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
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