The EU’s sweeping proposals to curb greenhouse emissions are likely to upend the continent’s oil demand over the years and decades to come. Here’s a run through the plans — and key timings — for aviation, shipping and makers of road-fuel.
Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated for companies heading into a peak season for rebuilding inventories.
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
The owner of the Ever Given — the cargo ship that blocked the Suez Canal for almost a week, hampering global trade and roiling markets — expects to be hit with “many hundreds or thousands” of legal claims.
President Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying record-high rates for ocean freight, a market that a growing number of importers complain is dominated by just a few big players.
The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.
Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with COVID-19 outbreaks and other constraints on their capacity to keep containers moving across the global economy.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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