SONAR charts check temperature of Shanghai’s ailing supply chain
No matter how “open” the Chinese government has said Shanghai is, the flow of trade is telling otherwise. The reality is quite simple: Shanghai’s supply chain is sick.
Maersk aims for net-zero steel in ships
Maersk has joined a global initiative to expedite the transition to low-carbon steel with the goal of procuring 100% net-zero steel by 2050, the ocean carrier announced in April.
Top sea polluters beg for climate rules that no rival can avoid
The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working off the same rulebook as they make the expensive changes needed to cut output of harmful carbons.
Shipping lines skip a beat
Global ports lost more than one-third of their expected capacity to ship containers in 2021, causing economic trouble for some smaller developing nations, among others, finds research commissioned by the Global Shippers Forum (GSF).