Maersk Sees Supply Chain Strain Continuing ‘For Some Time’
COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move
COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move
California Governor Galvin Newsom on Monday unveiled his 2022-23 state budget proposal, which includes a planned record investment of $2.3 billion for
By Gillian Tan (Bloomberg) — Project44, a startup that enables the world’s largest companies to track shipments across the global supply chain,
A containership operated by Ocean Network Express (ONE) has suffered a container collapse in the Atlantic Ocean while en route to New York. ONE confirmed the
By Lorretta Chen (Bloomberg) Genting Hong Kong, the troubled cruise operator controlled by Malaysian tycoon Lim Kok Thay, warned Tuesday of more defaults due
German cruise ship builder MV Werften filed for insolvency on Monday leaving the fate of the shipyard and its 2,000 employees uncertain, according to reports.
Lockport, Louisiana-based Bollinger Shipyards has announced its latest order from General Dynamics Electric Boat in support of the U.S. Navy’s new
The ports of Los Angeles and Long Beach have once again postposed consideration of the “Container Dwell Fee” by another week. The ports are citing a
A.P. Moller – Maersk on Monday confirmed it has exercised options for four additional newbuild containerships to be powered by carbon neutral methanol.
Ten people are reported dead after a cliff collapsed onto tourist boats on a lake in southeastern Brazil on Saturday. The dramatic incident occurred at a
By Gabriel Araujo SAO PAULO, Jan 10 (Reuters) – Heavy rainfall in southeastern Brazil has prompted miners including Vale SA to suspend some
The Royal Thai Navy last week was called to rescue a derelict cargo ship listing in the Gulf of Thailand, near the location of an offshore rig. Upon inspection
By Ann Koh (Bloomberg) — China tightened restrictions on vehicles entering Shenzhen, spurring concern that the delivery of goods to and from one of the
By Nick Savvides (The Loadstar) – The US Federal Maritime Commission’s investigation into carrier detention & demurrage (D&D) charges could
How do you quantify supply chain pain? Drybulk freight and containership hires (along with airfreight) are at the epicenter of all the hurt, in the view of the
By Sarah Schiffling (The Conversation) Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we
By Iain Barber (the Conversation) On summer evenings in the 1980s, the residents of a houseboat community in Sausalito, California would often have trouble
Press Release – Damen Shipyards Group has taken over the Skoonbox from Skoon Energy. The world’s first maritime-certified, multi-purpose battery
(The Conversation via Reuters Connect)-Before COVID-19, global surf tourism spending was estimated at up to a $91 billion per year. And since the start of the
JAKARTA, Jan 9 (Reuters) – Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that
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