The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.

Baltimore Port officials said they hoped to move the Dali within two days.

Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.

If you’re still viewing supply chain disruptions as one-off or random occurrences, you’re doing it wrong. These events are chronic and inevitable.

Maersk also says that vessels will likely continue rerouting around Africa's Cape of Good Hope "for the foreseeable future." 

Just under 200 containers have been taken off the Dali container ship to get it ready to float again before it's taken out of the area.

Boeing has warned that it won’t deliver as many Dreamliner jets as anticipated in 2024.

When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.

Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.

Despite those disruptions, Maersk still lowered its expected operating loss for the year from $5 billion to between zero and $2 billion.