An “unprecedented” collaboration between global shipping lines will focus on regulatory measures needed to create the right investment conditions for shipping’s green transition.
In the past, such delays tended to be related to maintenance work, and, as such, were mostly short-lived, but there is little relief in sight in the months ahead.
In response to the ongoing crisis, carriers have begun redirecting their shipments to the U.S. West Coast or have opted for alternative routes via the Suez Canal.
Bed Bath & Beyond wants MSC to pay roughly $150 million for damages as well as an equal sum for what the company described as exploitative and coercive behavior.
The report's authors say it not only celebrates the progress made in certain areas but also highlights the ongoing challenges, underscoring the urgency for continued action and innovation.
The companies say a vessel using the rotor sails can achieve a reduction of around 8% of fuel and GHG emissions, while maintaining speed and travel time.
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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