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CONTAINER SHIPPING GIANTS
Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...- Utah declares state of emergency, restricts fireworks as US largest wildfire growsUtah has declared a state of emergency and restricted fireworks ahead of July Fourth due to a massive wildfire. The Cottonwood Fire, fueled...
- This floating city is so massive it could carry an entire town across the ocean, and it has schools, parks and hospitalFreedom Ship, the proposed 80,000-resident floating city, is pushing the boundaries of ocean living. This massive vessel could combine home...
- A 650-foot mega tsunami struck Greenland, and scientists detected something even stranger afterwardIn September 2023, a massive Greenland mega-tsunami sent mysterious vibrations through Earth for nine days. Scientists have now uncovered h...
- Anand Mahindra couldn't stop watching this 15-cent cigarette lighter video; What it revealed holds lessons for building the next Apple or Tesla in IndiaAnand Mahindra says a 15-cent disposable lighter made in China's Shaodong manufacturing hub offers a valuable lesson in industrial competit...
- Thailand revives $30 billion coast-to-coast corridor to rival Malacca StraitThailand plans a massive "Land Bridge" to connect the Andaman Sea and the Gulf of Thailand. This project aims to offer a new shipping route...
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Nvidia starts shipping TSMC-backed CPO switches to tackle AI data centre bottlenecksNvidia Corp. on Wednesday announced that it has started shipping its next-generation co-packaged optics (CPO) switches, developed in collab...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...
- Modi in Netherlands: One firm holds the key to India's chip ambitionPrime Minister Modi's visit to the Netherlands highlights India's critical reliance on ASML, the sole provider of advanced lithography mach...
- Trump says made 'fantastic trade deals' with XiPresident Donald Trump met with President Xi Jinping in Beijing. They discussed significant trade agreements beneficial to both nations. Ch...
- US stock market today: Dow Jones crashing today while the Nasdaq and S&P 500 hitting record highsThe Dow Jones is crashing as Nasdaq and S&P 500 hit record highs amid AI stock surge. The U.S. stock market today looks confusing at first ...
- The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
- Maersk, Hapag-Lloyd team up in shakeup of ship alliancesThe announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipp...
- Sunflower, Soyabean oil prices rise amid shipping delaysShipments of the two soft oils that are mostly consumed in the country during the winter season are delayed by a month as container shippin...
- Shipping's $500 billion profit can take on AmazonIndeed, by the end of 2022, the container-shipping industry will have earned a staggering half a trillion dollars of operating profit from ...
- Container shipping giant freezes spot rates amid trade chaosGlobal supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor d...
- Suez Canal shipping backlog ends, days after giant vessel freedOsama Rabie, chairman of the Suez Canal Authority (SCA), said 85 ships were expected to pass the canal from both sides on Saturday. They wi...
- Tugs work to free giant container ship stranded in Suez CanalTracking maps had shown the ship grounded in the southernmost stretch of the waterway, between the Great Bitter Lake and the Red Sea port o...
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