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Global Logistics: Page 41

Evergreen Hires Firm That Saved the Day at Suez to Free Ship

Evergreen Marine Corp. has hired the company that freed the giant container ship Ever Given last year when it ran aground for almost a week, disrupting global trade for months, to do the same with its vessel stranded near the U.S. capital.

The Ever Given container ship stuck in the Suez Canal. Photo: Bloomberg.

The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report

Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to an analysis by Environmental Defense Fund.

Barges docked on the Mississippi River as Hurricane Ida makes landfall in Destrehan, Louisiana. Photo: Bloomberg.

Russia’s War Puts Shipping’s Tentative Recovery in Jeopardy

Russia’s ongoing invasion of Ukraine has the shipping industry bracing for new shocks to its labor force, which relies on experienced crew from both countries.

A gantry crane loads a shipping container filled with corn onto a cargo ship at Yuzhny Port in Yuzhny, Ukraine. Photo: Bloomberg.

Europe’s Biggest Port Is 'Extremely Worried' About War Impact

The Port of Rotterdam is a particularly sensitive economic pillar of the Netherlands.

Shipping containers sit on the deck of cargo ship One Crane, docked at the Port of Rotterdam, in Rotterdam, Netherlands. Photo: Bloomberg.

Carriers Push Back as Biden, Congress Take On Ocean Shipping

President Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack any evidence of wrongdoing.

A CMA CGM Group container ship is berthed at the Port of Oakland in Oakland, California. Photo: Port of Oakland.

War Shocks Ripple Across One of the World’s Busiest Trade Lanes

Putin’s assault on Ukraine, and retaliatory steps designed to paralyze the Russian economy, are heaping new disruptions on supply chains that never recovered from unprecedented shocks caused by the pandemic.

Empty dry docks at the Port of Odessa in Odessa, Ukraine. Photo: Andrey Sarymsakov/ Canva.

Logistics Giants Halt Service in Russia, Ukraine

The U.S. and Europe’s biggest logistics firms have halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.

A DHL cargo plane at the airport. Photo: Getty.

Omicron Ripping Through Cargo Ships May Exacerbate Shipping Woes

Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry.

Crew transfer at Tanjong Pagar Terminal in Singapore. Photo: Bloomberg.

Shipping Rates Resume Rise as Snarls Extend Into Seasonal Lull

Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.

A container ship is berthed at the Port of Oakland in Oakland, California. Photo: Port of Oakland.

Watch: In the Wake of Omicron: What Can We Expect Now?

Per Hong, partner with Kearney, assesses the impact to date of the Omicron variant of COVID-19, and speculates on how the current crisis will change global supply chains forever.

Per Hong, partner with Kearney, assesses the impact to date of the Omicron variant of COVID-19, and speculates on how the current crisis will change global supply chains forever.

Global Supply Chains Near Make-or-Break Point for Easing in 2022

Global supply chains are nearing a turning point that’s set to help determine whether logistics headwinds abate soon or keep restraining the global economy and prop up inflation well into 2022, according to several new barometers.

Rows of shipping containers at a cargo port. Photo: Getty Images.

Nightmare Vaccine Logistics Are Prolonging the Global Pandemic

Lack of supply was the biggest threat initially to the vaccination programs of developing nations. Now, it’s logistics.

A worker moves a case into a temperature-controlled vaccine shipping container. Photo: Bloomberg.

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