Wednesday, August 11, 2021
wind turbine
Offshore

Commodity Inflation Squeezes Profits for Wind Giant Vestas

By William Mathis (Bloomberg) — One of world’s biggest makers of wind turbines cut its outlook for the year, citing commodity inflation and disruptions to supply chains. Denmark’s Vestas Wind Systems...

August 11, 2021
Total Views: 444

Greenpeace's Arctic Sunrise Navigating In Ice
Environment

Greenflation Hits Shipping

by Sujata Rao (Reuters) From container ships to cardboard, tighter environmental regulations are stoking shortages and price spikes as ‘greenflation‘ takes a grip, adding a new twist to corporate valuations....

August 11, 2021
Total Views: 1774

Thursday, August 5, 2021
containers at port of los angeles
Shipping

U.S. Trade Deficit Widened to Record in June

By Vince Golle (Bloomberg) — The U.S. trade deficit widened to a record in June, consistent with a rush by domestic importers to meet business investment and household spending. The gap...

August 5, 2021
Total Views: 718

Saturday, July 24, 2021
Finance

It’s About Stimulus Checks Not Ocean Carriers Like Maersk Says White House Source

by John Konrad (gCaptain) Earlier this month, the Biden Administration signed an order cracking down on anti-competitive behavior in the shipping industry. This week a source close to the administration says the...

July 24, 2021
Total Views: 6140

Monday, June 14, 2021
Shipping

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

By Alex Longley, Catherine Bosley and Deirdre Hipwell (Bloomberg) — The skyrocketing price of shipping goods across the globe may hit your pocketbook sooner than you think — from that cup...

June 14, 2021
Total Views: 13161

Wednesday, May 12, 2021
Soeren Skou, CEO Maersk
Shipping

Maersk CEO Sees No Real Sign of Inflation Risk in World Economy

By Christian Wienberg (Bloomberg) — The chief executive of the world’s biggest shipping company says he’s not seeing signs of a dangerous resurgence in inflation. A.P. Moller-Maersk A/S transports about a...

May 12, 2021
Total Views: 2589

Thursday, April 1, 2021
port of long beach
Shipping

Fitch: Soaring Shipping Costs Add To Near-Term Global Inflationary Pressures

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report published Thursday. With global manufacturing demand is...

April 1, 2021
Total Views: 2828