Page 91 - Ever Given News Today

By Brendan Murray (Bloomberg) — In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard. Though the malware...

Melting ice in the Arctic Ocean could yield new trade routes in international waters, reducing the shipping industry’s carbon…

Naturally, one of the consequences of the sanctions imposed by Western countries on Russia is to stimulate the latters search for ways to bypass the restrictions. Since the actions taken by Western c...

With climate change rapidly opening up the Arctic to shipping, new trade routes could help reduce the shipping industry’s carbon footprint and also weaken Russia’s control in the region, according...

Companies face a battle managing supply chain-related issues. On one front, companies are encountering frequent and extensive shipment and delivery delays. Due to COVID-19 pandemic,the 2022 Russian invasion of Ukraine, and supply chain issues: labor shortage, warehouse space

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come. The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for ageing container ships to record highs. Cashing in on the boom, ...

Due to the ongoing global supply chain crisis, companies face an uphill battle managing supply chain-related issues. On one front, companies are encountering frequent and extensive...

Major U.S. retailers are looking at ways to make their supply chains stronger, sustainable, and more resilient. Because of ...

By Joe Brock

Shortage of new cargo vessels pushes freight rates for ageing container ships to record highs