CMA CGM Expects Shipping Slowdown After Another Strong Quarter
PARIS, Sept 2 (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as
PARIS, Sept 2 (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as
June 19, 2022–DP World and the Saudi Ports Authority (Mawani) today announced the signing of a 30-year agreement with an investment value of more than
By Elizabeth Elkin, Allison Smith and Sybilla Gross Mar 13, 2022,(Bloomberg) –The global food system is under threat as Russia’s invasion of
The Suez Canal Authority will increase Suez Canal tolls by as much as 10% on some vessel types effective March 1, 2022, just one month after tolls were raised
By Joe Brock and Kanupriya Kapoor SINGAPORE, Feb 28 (Reuters) – Australia will allow plastic trash to be shipped overseas and burned as fuel
by Salvatore R. Mercogliano, Ph.D. – Last week the White House released their second statement on the current supply-chain crisis. The initial blog
By Siddharth Cavale and Corina Pons (Reuters) – Major clothing and shoe companies are moving production to countries closer to their U.S. and European
By Sandrine Rastello (Bloomberg) –Parka maker Canada Goose Holdings Inc. has long touted its made-in-Canada approach to boost the brand’s appeal.
By Ken Parks (Bloomberg) –Global shipping disruptions and drought-stricken rivers in the heart of South America threaten to pinch meat exports from
The Monaco-based Navios Maritime Partners (NMM) is acquiring the debt-laden Navios Maritime Acquisition Company (NNA) to create a massive containership,
How bad is the container shipping crisis? So bad that The Home Depot has chartered its own ship. This isn’t a joke. Between soaring freight rates, a lack
By Ana Monteiro (Bloomberg) — The U.S. merchandise-trade deficit widened to an all-time high in November as American companies imported a record value
By Gavin van Marle (The Loadstar) – The container shipping industry could save itself up to $4bn a year if half of all bills of lading (B/Ls) were dealt
By Jonathan Saul LONDON, Jan 20 (Reuters) – At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet
By Roslan Khasawneh SINGAPORE, Nov 1 (Reuters) – Executives at some of the world’s top shipping groups are advocating a levy on carbon emissions on
By Ann Koh and Serene Cheong (Bloomberg) –The trade war and China’s economic shift made 2018 a tough year for global shipping and will continue to
By Susanna Twidale LONDON, Sept 24 (Reuters) – The aviation and shipping sectors should formally be included in Britain’s target to cut its
By Jonathan Saul LONDON, Sept 23 (Reuters) – Leading ports, banks, oil and shipping companies on Monday launched an initiative which aims to have ships
By Anna Shiryaevskaya (Bloomberg) –Big ocean-going ships are not moving fast enough towards energy transition, contributing to rising emissions of carbon
The international shipping industry, as represented by multiple major shippowners’ associations, is concerned over recent trade developments,
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