The Dispatch - The Dispatch - CDeNews

Ship fuel suppliers stop serving Russian vessels in the Mediterranean, Malta not allowing any Russian ships to come to its ports

Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow's exports, five industry sources with knowledge…

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Ukraine crisis has raised shipping transit fees -Suez Canal chairman

CAIRO, March 31 (Reuters) - The war in Ukraine has lead to an increase in shipping transit fees, Suez Canal Authority Chairman Osama Rabie told Asharq television on Thursday. The canal is…

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Russia dropped from ship certification body as sanctions bite

LONDON, March 14 (Reuters) - The world's top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after…

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Malta among countries seeking UN meeting over shipping dangers after Ukraine invasion

Over 15 countries have called for a special meeting with the UN's shipping agency to discuss the safety of ships and their crews sailing through the Black Sea and Sea…

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

COPENHAGEN, March 2 (Reuters) - 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…

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Global container flows struggle to pick up speed, data shows

LONDON (Reuters) - Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and…

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MSC overtakes Maersk as the world’s biggest shipper

COPENHAGEN, Jan 6 (Reuters) - Swiss-based container group MSC has overtaken Denmark's Maersk as the world's biggest shipper, the company said, confirming data from intelligence provider Alphaliner. After taking delivery…

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Shipping giants will plot course for landbound M&A

Shipping giants are heading for port, but not in the traditional sense. Companies like Denmark’s A.P. Moller-Maersk and Germany’s Hapag-Lloyd are riding a record valuation wave thanks to a year…

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Walnuts for holiday baking languish as U.S. shipping crisis hurts farmers

ESCALON, Calif., Dec 9 (Reuters) - The shrink-wrapped boxes of fresh California walnuts stacked almost to the ceiling in Don Barton's California packing facility should be headed to Europe for…

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Saudi-led coalition warns of danger to global trade south of Red Sea

CAIRO, Nov 22 (Reuters) - The Saudi-led coalition fighting the Iran-backed Houthi movement in Yemen said it detected indications of an imminent danger to navigation and global trade south of…

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Shipping rate surge threatens global economy recovery, UNCTAD says

LONDON, Nov 18 (Reuters) - A surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be…

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Gadget gifting may get costly this holiday season as supply chain plays The Grinch

Shoppers could be looking at an expensive Christmas as supply chain snafus force companies to make and deliver their latest higher margin electronic gadgets to market faster, leaving fewer cheaper…

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Countries agree to create green shipping lanes in pursuit of zero carbon

GLASGOW, Nov 10 (Reuters) - A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed…

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Industry looks to U.N. climate talks to steer cleaner shipping

World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonise by 2050, a senior industry official involved in the meeting…

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Shipping drifts off net-zero course without carbon levy -study

The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on fuel is…

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California ports, key to U.S. supply chain, among world’s least efficient

Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports in the United States, but are some of the least efficient in the world,…

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Greece wants ‘realistic’ EU green policy for shipping

EU shipping power Greece has told the European Commission that adding the industry to the bloc's carbon emissions trading scheme should be proportionate and tightly enforced to secure a level…

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Photo Story: Ships queue to enter terminals in Los Angeles and Long Beach

A handout satellite image available by the National Aeronautics and Space Administration (NASA) shows dozens of cargo ships waiting offshore for their turn to unload goods in the Port of…

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How Target, Home Depot, UPS, FedEx plan to ease U.S. port congestion

President Joe Biden on Wednesday pushed to ease supply chain logjams that are threatening the all-important U.S. holiday shopping season. A port in Los Angeles will join Long Beach, California,…

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Biden enlists Target, Walmart to fix bottlenecks threatening holiday sales

President Joe Biden urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season and said the White House plans a nationwide…

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Dubai’s DP World says long time until shipping supply chain disruptions end

There is no end in sight to the shortage of shipping containers, port congestion and sky rocketing freight rates that have rattled global trade, the chairman of Dubai ports giant…

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‘Containergeddon’: Supply crisis drives Walmart and rivals to hire their own ships

The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world. Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile…

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Britain has 10 days to save Christmas, retail sector says

LONDON, Sept 24 (Reuters) - Britain's retail industry warned the government on Friday that unless it moves to alleviate an acute shortage of truckers in the next 10 days then…

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Shipping industry proposes levy to speed up zero carbon future

Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry's efforts to go greener. With about 90% of world trade…

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Putin calls for launch of regular cargo shipments via northern sea route next year

President Vladimir Putin said on Friday that Russia should start regular container shipments via the Northern Sea Route across its northern flank from Vladivostok to St Petersburg next year. Russia…

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Chinese ports choke over ‘zero tolerance’ COVID-19 policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection measures under China's "zero-tolerance"…

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Hapag-Lloyd sees no let-up in tight shipping capacity

German container shipping line Hapag-Lloyd said this week it sees no let-up in tight shipping capacity this year which has driven up its net profit in the first six months…

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Port, shipping firms divert vessels after a Ningbo terminal shuts

Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine transportation hub which was forced to close after a coronavirus case emerged, as the pandemic…

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Major container ports in eastern China see worsening congestion after COVID cases

Congestion off China's top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case was detected this week. Tighter…

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Shipping group Maersk continues shopping spree after strong earnings

Maersk announced it had bought two e-commerce companies on Friday and said more acquisitions were coming soon as the world's biggest container shipping line boosts its bet on land-based services.…

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China-U.S. container shipping rates sail past $20,000 to record

Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add…

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World faces shortage of merchant sailors to crew ships -study

There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a…

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Rhine re-opens to shipping in south Germany as water drops

Germany's Rhine river has re-opened to shipping as water levels fell from recent highs in the last southern stretches blocked after last week's record rains, authorities said on Friday. Shipping…

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U.N. adopts new measures to cut ship emissions, critics call for more

The U.N. shipping agency approved further measures to boost the energy efficiency of commercial vessels although critics said the move fell short of what was needed to cut the industry's…

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Covid outbreaks in Chinese ports could cause global goods shortages

An outbreak of Covid-19 in southern China has combined with the rapid reopening of the world economy and a shortage of shipping containers to cause a surge in transport costs…

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Disruption to shipping could delay Christmas orders

Disruption in the global container shipping industry shows no sign of being resolved quickly and could lead to shortages in the run-up to Christmas, say industry experts. An outbreak of…

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EU presses shipping regulator for tougher carbon reduction standards

The European Union will push for tougher standards to cut the CO2 emissions intensity of ships at a meeting of the United Nations' maritime agency next week, a senior official…

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Maritime shipping to fall short of net zero emissions target – IEA

The maritime shipping industry will fall short of achieving net zero greenhouse gas emissions (NZE) by 2050, the International Energy Agency (IEA) said in a report. The shipping industry is…

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EU to tighten rules on ship recycling, restore areas of seas and oceans

The European Union on Monday said it would toughen its rules on ship recycling and decommissioning offshore oil and gas sites, and set new targets to restore damaged marine ecosystems.…

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Shipping groups press EU to advance marine ‘fuels of future’

Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to…

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Global cargo logjam deepens, delaying goods bound for retailers, automakers

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement…

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UPDATE – Oil tanker attack in Saudi Arabia considered as a ‘terrorism’ act

Saudi Arabia said on Monday that a fuel transport ship anchored at a Jeddah terminal was hit by an explosive-laden boat in what it called a terrorist attack, after shipping…

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U.N. urges designation of seafarers as key workers

The 193-member U.N. General Assembly urged all countries to designate seafarers and other marine personnel as key workers on Tuesday after travel restrictions to combat the spread of COVID-19 have…

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Top global traders push to cut shipping emissions

Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the…

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Maersk sees container demand at pre-COVID levels in first-half of 2021

Shipping group Maersk issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving containers at sea to return to pre-COVID…

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U.S. turns screws on maritime industry to cut off Venezuela’s oil

Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to…

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More than 42,000 cruise ship workers still trapped at sea

More than 40,000 cruise ship workers are still stuck at sea because of concerns about the coronavirus. The Miami Herald reported that at least 42,000 workers remain trapped on cruise…

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UN calls for seafarers to be designated ‘key workers’

Due to COVID-related travel restrictions, hundreds of thousands of the world’s two million seafarers have been “stranded at sea for months”, said the UN chief, calling for them to be…

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New Zealand to allow some maritime vessels but cruise ships still banned

New Zealand said on Friday that it would allow entry of some maritime vessels as it looks to open up its economy after lifting all coronavirus restrictions earlier this week.…

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Ocean shipping shrinks as pandemic pummels retailers

The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking…

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Carnival’s Princess Cruises extends suspension of some voyages

Carnival Corp's Princess Cruises on Thursday extended the suspension of some of its voyages in Australia, Canada and Taiwan as ports around the world remain shut due to the coronavirus…

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Shipping industry goes digital in lockdown

The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry…

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Royal Caribbean reveals coronavirus pandemic costing $150 million a month

The cost of keeping Royal Caribbean Cruises running is at least $150 million a month – even with the global pause in operations, the cruise line has revealed. The eye-watering…

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Maersk sees drop in global container demand this year

Shipping group A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic, sending its shares down sharply. The coronavirus epidemic has thrown…

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Rescue operation after ship splits in half in Maltese territorial waters

An operation in under way in Maltese territorial waters after a ship split in two because of bad weather. The Times of Malta reports that the ship Lady Sandra had…

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Cruise ships seek safe harbour as coronavirus spreads

Cruise ships are looking for safe harbour on four continents amid fears they are spreading the new coronavirus that has infected more than 100,000 people worldwide. As the outbreak has…

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Kuwait bans cruise ships from coronavirus-infected countries

Kuwait has barred foreign ships, except those carrying oil, from departing to or arriving from several countries to prevent the spread of the coronavirus, according to a notice seen by…

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