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IMO’s Convention on Ship Recycling Enters into Force

Supply Chain Brain

Developed under the auspices of the International Maritime Organization (IMO), the Convention mandates that ships at the end of their operational lives must be recycled in a safe and environmentally sustainable way.

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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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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%

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This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

The US, Norway, and Britain joined forces with companies including Amazon and Nestle to launch a project aimed at protecting the world’s tropical forests. Apple’s Advanced Manufacturing Fund is financing the project. The transaction has been approved by the Boards of Directors of both Panasonic and Blue Yonder.

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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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The Great Maersk Shift

Freightos

Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. While not outrightly linked to this release, Maersk, now a shipping line and forwarder, terminated its key account status.

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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.