shipping - Page 2

China’s state-run Global Times on Sunday noted the Red Sea shipping crisis has entered its third month — despite the Biden administration ostensibly putting together a multinational security alliance to protect ships from the Iran-backed Houthi terrorists of Yemen — so China is stepping in to offer its railroad network as a “viable alternative.”

The effort by shipping companies to reroute traffic from the Red Sea around the Cape of Good Hope, thus avoiding drone and missile attacks by the Iran-backed Houthi terrorists of Yemen, is running into major logistical hurdles because African ports are not ready to accommodate the surge of massive container ships and tankers.

The Pentagon said more than 20 countries have signed up to protect Red Sea shipping against the Iran-backed Houthis, but it only named 12.

Until the waterway is proven safe trade will avoid the area or risk it at a premium, forcing up the cost of imports on which the West relies. 

The Malaysian government has banned all Israeli-owned and -flagged ships from docking to show support for Hamas in the Gaza war.

The Iran-backed Houthi insurgents of Yemen vowed to continue attacking Red Sea shipping despite a U.S.-led international security coalition.

The Iran-backed Houthi terrorist organization controlling Yemen threatened to turn the Red Sea into a “graveyard” on Monday in response to U.S. Defense Secretary Lloyd Austin announcing a coalition to stop Houthi pirate attacks on shipping vessels in the region.

The Maersk shipping company suspended shipping through the Bab el-Mandeb Strait after Houthi terrorists launched a string of attacks.

A large container ship was struck by a projectile fired from Yemen, causing some cargo to fall overboard and setting a fire on the ship.

Russian drones pounded grain storage facilities and ports along the Danube River that Ukraine has increasingly relied on.

Russian tankers that would normally carry oil to European customers are instead being rerouted through the Arctic to China, according to an OilPrice report Friday.

President Joe Biden congratulated Acting Secretary of Labor Julie Su after a deal was reached to end a crippling labor dispute at West Coast ports — but Biden did not mention Secretary of Transportation Pete Buttigieg.

China acquires stake in a container terminal in Hamburg, one of the most important ports in Europe, despite some warning of the dangers.

A classic of the Cold War — Russian spy trawlers — with ostensibly civilian ships loitering close to NATO exercises and underwater cables. 

A 15-year-old from Bangladesh who accidentally became locked inside a shipping container while playing hide-and-seek ended up far from home.

Villagers from a mostly Christian fishing community in India’s southern Kerala state have been demonstrating for months against a $900 million port project, which they believe is damaging the environment and ruining their livelihoods.

China’s state-run Global Times on Sunday said Chinese shipbuilders are “working around the clock” to build ships that can transport liquified natural gas (LNG) to Europe, which is desperate to acquire more of the fuel after losing its supply from Russia.

WARSAW, Poland (AP) – Poland´s top leaders celebrated the opening Saturday of a new – albeit unfinished – canal that they say will mean ships no longer must secure Russia´s permission to sail from the Baltic Sea to the ports of the Vistula Lagoon.

Chinese state media on Wednesday grudgingly admitted coronavirus lockdowns are causing serious problems with domestic distribution and international shipping, as new data revealed imports unexpectedly collapsed by almost 16 percent last month.

Coronavirus lockdowns in China spread on Tuesday to the huge city of Yuzhou in the central province of Henan, and the vital port city of Ningbo in eastern Zhejiang province. 

One hundred twenty-three massive transatlantic ships Monday were waiting to unload cargo at California’s Los Angeles and Long Beach and ports.

A.P. Moller-Maersk A/S, the world’s largest shipping company, on Wednesday announced it would pay $1,000 bonuses to each of its 80,000 employees after projecting a record $17 billion in profits for 2021.

Ty Warner is trying to save Christmas from the supply chain crisis by hiring planes to pick up Beanie Babies in China.

Inflation is expected to accelerate into 2022, increasing the cost of everyday consumer goods for American workers and families, Unilever predicted Thursday. 

According to a recent report, in 2020 Amazon shipped more parcels throughout the U.S. than FedEx. Amazon now controls 21 percent of the American shipping market.

Jen Psaki was asked by a New York Times reporter about the shipping delays for products like dishwashers, furniture, and treadmills and why Biden waited to address to known issues.

LOS ANGELES, California — Sixty-six cargo ships were at anchor off the ports of Los Angeles and Long Beach, the busiest and second-busiest container ports in the United States, respectively, on Monday as an ongoing cargo crisis continued.

Peeling back the layers of the supply chain reveals extreme inflationary pressures and bottlenecks in warehousing and shipping.

Home Depot on Tuesday is reportedly joining other large companies chartering ships to circumvent the supply chain crisis.

Another looming crisis for the Biden administration is the backlogged cargo ships anchored off the coasts of California and New York.

Massive supply chain disruptions are being felt across the United States as imports resume — and as the country’s busiest ports, at Los Angeles and Long Beach, are unable to handle the volume of container ships, many of which await offshore.

Egypt is set to release the MV Ever Given over 100 days since the megaship was refloated after blocking the Suez Canal for six days.

Chinese state media on Friday said Americans might see fewer fireworks on the Fourth of July because Chinese-made fireworks are “caught up in the global supply chain disruption resulting from the pandemic,” but with half a year to go until Christmas, “much-needed goods” from the “world’s factory” in China should make it to the U.S. and Europe on time.

Despite heavy seas, a salvage operation has managed to get an abandoned Dutch cargo ship under control off the coast of Norway.

Chinese state media on Monday used the blockage of the Suez Canal to propose trade routes across land established by China’s Belt and Road Initiative (BRI) as an alternative to maritime shipping. 

The blockage of the Suez Canal by stranded container supership MV Ever Given is turning out to be more of a catastrophe than originally anticipated.