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Global Trade & Economics: Page 247

Slow Vaccines for Seafarers Could Worsen Global Shipping Chaos
Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
Crew transfer at Tanjong Pagar Terminal in Singapore. Photo: Bloomberg.
Suez Ship’s Owner Braces for ‘Thousands’ of Legal Claims
The owner of the Ever Given — the cargo ship that blocked the Suez Canal for almost a week, hampering global trade and roiling markets — expects to be hit with “many hundreds or thousands” of legal claims.
The Ever Given container ship departs the Suez Canal in Egypt on July 7. Photo: Bloomberg.
When Will Air Cargo Operations Return to Normal?
Like all modes of freight transportation, the air cargo sector was hit hard by the COVID-19 pandemic, struggling with tight restrictions on operations even as demand for services soared.
Photo: Bloomberg
Top U.S. Ship Regulator Pledges to Keep Pressure on Carriers
President Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying record-high rates for ocean freight, a market that a growing number of importers complain is dominated by just a few big players.
Shipping containers on a cargo ship at Bayonne Terminal in Bayonne, New Jersey. Photo: Bloomberg.
Podcast | Fixing CPG Supply Chains to Withstand the Next Big Crisis
A review of critical supply chains uncovers major weaknesses in the consumer packaged goods sector.
Photo: Bloomberg
Lithium Nationalism Is Taking Root in Region With Most Resources
Politicians in Latin America, a region that accounts for more than half the world’s lithium resources, are looking to increase the role of the state in an industry that’s crucial for weaning the world off fossil fuels.
Lithium ore falls from a chute onto a stockpile at Bald Hill Lithium and Tantalum Mine outside of Widgiemooltha, Australia. Photo: Bloomberg.
Watch: The Shortfall of Project Professionals for Infrastructure Work
The global economy will need 25 million new project professionals to carry out infrastructure development initiatives by 2030. Joe Cahill, chief customer officer with the Project Management Institute, discusses solutions to the shortfall.
The Shortfall of Project Professionals for Infrastructure Work
Shipping Chaos Kills 1,800 Cows, Fueling Calls for Animal Ban
The pandemic has worsened conditions for the roughly 2 billion cows, sheep, goats, pigs and chickens that are exported each year, and epidemiologists have joined the calls for reform.
Photo: Bloomberg
Egypt Waves Goodbye to Suez Canal Saga With Payoff and a Party
For a nation that provides safe passage for so many ships through its waters, Egypt is reserving rather special treatment for the Ever Given.
The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.
Watch: Impact of the Western U.S. Megadrought on Food Supply Chains
Phil Renaud, executive director of The Risk Institute in the Fisher College of Business at The Ohio State University, discusses how the persistent drought in the western U.S. is forcing food supply chains to rethink their sourcing strategies, as well as pursue longer-term initiatives for coping with the effects of climate change.
Impact of the Western U.S. Megadrought on Food Supply Chains
Industry Bosses See Price Hikes as Shortages Hamper Rebound
European companies are pushing up prices as supply disruptions lift costs and hamper their ability to match surging demand, according to executives.
A mechanic fits a Michelin tire to an automobile wheel hub at a service center in Paris, France. Photo: Bloomberg.
Four Risks Most Supply Chains Face, and Six Ways to Manage Them
There’s a wide variety of risks that international supply chains face. Here’s a look at what — and how — companies are managing today.
0503 Transforming Your Supply Chain
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