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Russia’s Arctic Expansion: The Future of Global Shipping

SCMDOJO

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. Despite its efficiency, the volume of shipping along this route is negligible compared to the other two options.

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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

Suez Canal News Update The Suez Canal is a crucial lane for global shipping, with 50-60 vessels of all types transiting each day for about 19,000 per year, including about 30% of global container traffic and more than a million barrels of crude oil per day. What to expect from shipping in the Suez Canal & Red Sea?

Freight 250
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Norway “Underground” Short Cut for Shipping

The Network Effect

Norway has unveiled plans to build the world’s first ship tunnel by blasting through 7.5 The post Norway “Underground” Short Cut for Shipping appeared first on The Network Effect. million tons of rock on.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Shipping Routes: Clydebank Declaration. Signatories to the so-called Clydebank Declaration agreed to collaborate to support the creation of green shipping corridors between two or more port pairs. Carriers will be incentivised or obliged to service these maritime routes only with zero emission ships.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

hope to slash shipping costs and save millions of dollars when they sit down later this month to negotiate long-term contracts with ocean carriers following last year’s surge in rates. The average contract cost of shipping a container from China to the U.S. Retailers in the U.S. West Coast was $2,618 as of Feb. That’s down 28.4%