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An index that compares how expensive it is to move freight from Shanghai to Europe shows how the cost has risen again - with the ongoing crisis in the Red Sea to blame. Analysts are concerned it could cause the rate at which prices of goods on UK shelves go up to rise again.
Wednesday, May 29, 2024 at 9 p.m. on KPBS TV / Stream now with the PBS App + Encore Sunday, June 2 at 9 p.m. on KPBS 2. When the colossal Ever Given container ship crashed in the Suez Canal in March 2021, international supply chains ground to a halt. How did it happen? Follow the investigation into one of the most expensive shipping disasters ever.
Data issues remain a challenge in the maritime industry, according to Captain Steve Bomgardner, shipping and offshore VP at Pole Star Global
The first ideas about connecting the Red and Mediterranean seas appeared in the middle of the 19th century by the British, who wanted to connect the three seas: Red, Dead, and Mediterranean. Since the Dead Sea is 430.5 meters below sea level, such an idea was not feasible, but it…
The number of large shipping vessels lost globally fell to a record low last year despite ongoing geopolitical risk and war sharking up the industry.