"The stock-for-stock transaction would produce the world’s largest tanker player. It would own or operate 146 crude and product carriers and boast a market capitalization of $4.2 billion."
"The stock-for-stock transaction would produce the world’s largest tanker player. It would own or operate 146 crude and product carriers and boast a market capitalization of $4.2 billion."
"Faced with forces that are upending traditional business models, shippers around the world are pleading with regulators to rein in ocean-freight carriers."
"Faced with forces that are upending traditional business models, shippers around the world are pleading with regulators to rein in ocean-freight carriers."
>"Let’s give the Federal Maritime Commission the resources it needs to enforce, and not unwittingly compound our current challenges with freight movement."
>"Let’s give the Federal Maritime Commission the resources it needs to enforce, and not unwittingly compound our current challenges with freight movement."
"The highly intricate and interconnected global supply chain is in upheaval, and in one way or another, much of the crisis can be traced to the outbreak of Covid-19."
"The highly intricate and interconnected global supply chain is in upheaval, and in one way or another, much of the crisis can be traced to the outbreak of Covid-19."
Fears are growing about Christmas stock shortages after Felixstowe, the UK’s biggest container port, was forced to turn away ships from Asia because of a backlog of containers caused by the HGV driver shortage.
Fears are growing about Christmas stock shortages after Felixstowe, the UK’s biggest container port, was forced to turn away ships from Asia because of a backlog of containers caused by the HGV driver shortage.
"The average cost of shipping a standard large container (a 40-foot-equivalent unit, or FEU) has surpassed $10,000, some four times higher than a year ago.""Will prolonged disruptions shift the pattern of trade?
"The average cost of shipping a standard large container (a 40-foot-equivalent unit, or FEU) has surpassed $10,000, some four times higher than a year ago.""Will prolonged disruptions shift the pattern of trade?
>"The shortage of shipping containers is yet another symptom of the havoc the pandemic has wrought on international supply chains, causing rising freight prices and inflation."
>"The shortage of shipping containers is yet another symptom of the havoc the pandemic has wrought on international supply chains, causing rising freight prices and inflation."
"A global container shortage and congestion at ports around the world have driven shipping rates to sky-high levels, with a return to normal possibly extending into 2022."
"A global container shortage and congestion at ports around the world have driven shipping rates to sky-high levels, with a return to normal possibly extending into 2022."