Remove North America Remove Norway Remove Shipping Remove Supply Chain
article thumbnail

Why Energy Supply Chains are Transitioning to Renewables

Requis

This is not an isolated phenomenon: Norway has been divesting a number of funds of oil and gas investments, especially from high-carbon emission sources like Canadian oil sands. The coronavirus pandemic has given the world a wake-up call about resiliency in supply chain. Funds in other countries have followed suit.

article thumbnail

China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. Some ports are quarantining arriving ships for 14 days. Air Freight.

China 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 248
article thumbnail

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.