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FOUND: 6 | Mind Blowing Facts

Ocean Shipping Lines Turn to Planes as Supply-Chain Snarls Deepen

For the giants of ocean trade, big ships aren't enough anymore; they need planes, too.

Bangkok Post

Global Freight Rates Are Going Down— Will This Lead To Chaos For Shipping Companies?

The international price of global freight shipping is dropping in a trend that could have ripple effects across the entire shipping industry.

Benzinga

How Much Money Do Shipping CEOs Make? Here's Their 2021 Pay Info

Managing ships is big business. It should come as no surprise that bosses of ship-operating companies are highly compensated. What may surprise you is that the CEOs with the largest fleets don't necessarily earn the highest compensation.

Benzinga

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'Symbol of equality, inclusion and diversity' makes city pit stop on world tour

The container, which has already been around Asia and Europe, is now continuing its tour across the UK

Liverpool Echo

Ship owners sought CO2 exemption when the sea gets too wavy

The marine shipping industry is facing new regulations to address carbon pollution and documents show the industry is fighting back

The Independent UK

Shipping company Maersk sees record quarter as demand surges

The world’s biggest shipping company, Denmark’s A

The Independent UK

Kirby Inks Offshore Wind Partnership With Maersk

Kirby Corp (NYSE:KEX) signed a commercial agreement to provide barge transportation services for offshore wind towers and turbines to Maersk Supply Service, a subsidiary of A. P. Moller Maersk A/S (OTC:AMKBY). Deal terms were not disclosed. Maersk Supply Service has been selected by Empire Offshore Wind, a joint venture between Equinor ASA (NYSE:EQNR) and BP plc (NYSE:BP), as the…

Benzinga

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US: Volvo Trucks Receives Record Orders For VNR Electric Trucks

Volvo Trucks announced two large electric truck orders in North America for a total of a three-digit number of Volvo VNR Electric trucks.

InsideEVs

Maersk Warns Shanghai City Lockdown Will Severely Hurt Trucking Services And Bump-Up Transport Costs: Reuters

A. P.

Benzinga

Egypt Inks Deal to Further Accelerate Supply of Green Fuels

Egypt signed on Monday a Memorandum of Understanding (MoU) with Maersk in a joint bid to further accelerate the supply of green fuels for ships as part of the shipping industry’s transition to net-zero. Egyptian Prime Minister Mostafa Madbouly witnessed the signing of the deal with the General Authority for…

Asharq Al-Awsat

Shipping delays may spoil food, medical shipments to Russia, Maersk warns

Shipments of foodstuff and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday.

Reuters

Fund managers ditch Russian assets, global stocks slide, bitcoin rises after latest sanctions – as it happened

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel

The Guardian - UK

Maersk logistics chief sees bumpy West Coast labor process

Contract-renewal talks for about 15,000 workers at the U.S.’s busiest ports on the West Coast are going to be a “bumpy process” amid the protracted congestion affecting those operations, according to the head logistics at A.P. Moller-Maersk A/S, the world’s largest container liner.

Tribune News Service

Shipping company Maersk sees record profit as demand surges

Denmark’s A

The Independent UK

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Reuters

Maersk container ship runs aground off German island

One of the world's biggest container ships, the Mumbai Maersk, has run aground off the German island of Wangerooge in the North Sea, Germany's Central Command for Maritime Emergencies and Maersk said on Thursday.

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