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US grain shipments to Asia face delays + higher costs due to Panama Canal drought
US Grain shipments are getting costlier and slower amid Panama Canal drought: Bulk grain shippers transporting cargoes from the US…
Maersk is launching its first methanol-enabled vessel in early 2024 + China, US clash over trade regulations, again
Maersk's first methanol-enabled vessel to service Asia-Europe route in February: Danish shipping giant Maersk (Maersk) is set to deploy the…
TikTok looks to expand its share of US markets with logistics investments + has China come out on top in the chip wars?
TikTok is banking on logistics: Chinese video sharing platform TikTok is looking to make use of r its substantial streaming…
Shipping giants make their decarbonization demands at COP28
Global shipping executives call on IMO to step up green transition: CEOs of global shipping lines Maersk, MSC, CMA CGM,…
Amazon beats UPS and FedEx in US parcel delivery volumes
Is e-commerce king? E-commerce giant Amazon topped UPS in parcel delivery volumes in 2022, and FedEx in 2020, with margins…
US retailers are getting more selective with their inventories this holiday season + Maersk divests stake in Hoegh in latest in cost-saving measures
Wary of overstocking, US retailers have reworked their inventory strategy for this year’s holiday season:Big-box retailers such as Walmart and…
The EU is pushing back against the emissions trading system, which could cost them some USD 3.6 bn in levies
EU carbon market reforms will cost the shipping industry USD bns: The EU’s Emissions Trading System (ETS) reforms approved earlier…
Maersk inks landmark green methanol offtake agreement
Maersk commits to green methanol supply stream: Global shipping giant Maersk has inked a landmark long-term 500k tonne per year…
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