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Global demand for Chinese-made goods is soaring and shipping delays are easing too
Hong Kong (CNN Business) Demand for Chinese-made goods is soaring as the world continues to bounce back from the pandemic. That's helping...
icarussmith20
Jul 13, 20213 min read
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Shipping Delays and Higher Rates Get Small Businesses Jammed Up
Long waits for merchandise deliveries and crippling costs are hobbling the efforts of small and midsize businesses across the U.S. to...
icarussmith20
Jul 12, 20214 min read
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Biden seeking to boost rail, sea shipping competition -White House
WASHINGTON, July 8 (Reuters) - President Joe Biden will order U.S. transportation agencies to crack down on anti-competitive conduct and...
icarussmith20
Jul 10, 20212 min read
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These shipping stocks could benefit from severe disruptions in global supply chains
Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks....
icarussmith20
Jul 6, 20212 min read
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Ever Given Saga Nears End With Ship Poised to Leave Suez Canal
A giant container ship that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an...
icarussmith20
Jul 5, 20212 min read
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Maersk Orders First Methanol-Fueled Containership
Four months after announcing its intention to develop a methanol-fueled containership to accelerate its move toward decarbonization, A.P....
icarussmith20
Jul 4, 20212 min read
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Tight Capacity on Shipping Lines Brings Record Rates, Delays
Hopes among cargo owners for relief from record ocean-freight rates are fading fast as growing demand for China-made goods ahead of the...
icarussmith20
Jul 1, 20213 min read
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‘Unceasing congestion’: China’s shipping delays snarl trade
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the...
icarussmith20
Jun 20, 20214 min read
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Another shipping crisis looms on Covid fears in southern China
First, it was a critical shortage of shipping containers due to the pandemic. Then came a massive blockage in the Suez Canal. Now,...
icarussmith20
Jun 15, 20214 min read
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Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys
The skyrocketing price of shipping goods across the globe may hit your pocketbook sooner than you think -- from that cup of coffee you...
icarussmith20
Jun 14, 20214 min read
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How bad are global shipping snafus? Home Depot contracted its own container ship as a safeguard
Home Depot is one of the largest importers in the country. Yet with congested ports, container shortages and Covid-19 outbreaks slowing...
icarussmith20
Jun 14, 20214 min read
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Shipping has a new association, the M7
Leaders of many of the world’s largest economies have descended upon Cornwall in southwest England this week for the annual G7 summit....
icarussmith20
Jun 13, 20211 min read
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Cargo Ship Turned Away From Asia, Captain Died but Still on Board
A container ship owned by the same company as the Ever Given — the ship that blocked the Suez Canal — is sailing back to Italy this week,...
icarussmith20
Jun 11, 20212 min read
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US, Denmark and Norway commit to ensure hundreds of zero-emission ships are in operation by 2030
International cooperation to decarbonise shipping is pressing ahead with a new Zero-Emission Shipping Mission as part of Mission...
icarussmith20
Jun 2, 20212 min read
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The Suez Canal is being widened. Will it be enough to stop another ship getting stuck?
(CNN)In March, world trade was thrown into chaos by a boat. The Ever Given, a container ship nearly as long as the Empire State Building...
icarussmith20
Jun 1, 20214 min read
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Maersk international destinations sent medical aids to assist India
Maersk has so far transported over 6,000 oxygen concentrators, 500 oxygen cylinders, 60 cryogenic oxygen tanks and several medical...
icarussmith20
May 30, 20212 min read
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Shortage of shipping pallets could be the next big supply chain issue
RALEIGH, N.C. (WTVD) -- After nearly 15 months of living through a pandemic, we're getting use to the fact that sometimes there are...
icarussmith20
May 29, 20212 min read
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Hapag-Lloyd Orders 60,000 TEU of Standard Containers
The sharp increase in demand has led to a shortage of containers across the world. Hapag-Lloyd has once again invested in its container...
icarussmith20
May 28, 20211 min read
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Cargo Shippers Call on Congress to Reform Shipping Act and FMC
Contending that the congestion, delays, rising fess, and lack of equipment experienced at U.S. seaports has caused unprecedented...
icarussmith20
May 22, 20213 min read
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Anthony Fauci said he thinks universities, cruise ships, and airlines will require proof of COVID-19
Anthony Fauci said though the US is not requiring everyone get the COVID-19 vaccine, he expects individual businesses will. Fauci, the...
icarussmith20
May 21, 20212 min read
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