Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday.Maersk put its 30.75% share of Global Ports up for sale as it decided to quit Russia because of its invasion of Ukraine.It said talks were taking place with several potential buyers without giving names and that it did not expect to have to give the stake away…
Goltens Worldwide appointed Sandeep Seth as Chief Executive Officer.He joined Goltens in 2002 and occupied positions of increasing responsibility since then. Since 2019 he has served as company President, leading the organization through the challenges of the Covid-19 pandemic…
Global economy 2023: COVID-19 turned global supply chains upside down – Three ways the pandemic forced companies to rethink and transform how they source their productsThe global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China…
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city…
The international shipping industry continued its long-term positive safety trend over the past year. The number of large vessels lost remained at record low levels in 2020, while reported incidents declined year-on-year, according to Allianz…
Meishan terminal at China's Ningbo port resumed operations on Wednesday after shutting down for two weeks due to a COVID-19 case, a port official said at a press briefing.The closure of the terminal has caused logjams at ports across China's…
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 strains global supply amid rising retail orders…
Crew services specialist Boers has launched seafarer vaccination programs at German and Belgian ports, as shipping executives warn of onboard COVID-19 outbreaks because mariners are not getting vaccines quick enough.Seafarers arriving at ports in Antwerp…
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 strain to global supply chains.The acceleration in Delta-variant…
Royal Caribbean Group and Carnival Corp will push ahead with a return to cruises this summer despite two guests onboard Royal Caribbean’s Celebrity Millennium ship testing positive for COVID-19.A year after several cruise ships were host to…
Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019.More than 150 coronavirus cases have been reported in Guangdong province…
Only three weeks after launching, a relief fund established to help seafarers and the families impacted by the COVID-19 pandemic has collected $530,000 in pledges to date, nearly $400,000 of which has already been allocated to help those worst affected…
The Brazilian government will send the first doses of COVID-19 shots to immunize Santos port workers, with vaccinations slated to begin this week at Latin America's largest port, according to a statement from maritime agent Williams on Wednesday…
Seven grains ships stranded at Argentina's export hub of Rosario will be towed free and sent out to sea after they were loaded with more produce than could be carried on the port's increasingly shallow waters, local authorities said on Friday…
Trade group Interferry said its directors have given the green light for the global trade association’s 2021 annual conference to go ahead as planned in Santander, Spain, this October.The decision came at a virtual board meeting held May 20…
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