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SHIPPING SNARLS
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Iran war justified by Tehran's 'aggression' over decades, US legal adviser saysAmerica's top lawyer claims President Trump's actions against Iran were in self-defense. He states the bombing campaign was not a new war b...
- Iran's Foreign Minister Abbas Araghchi set to travel to Pakistan for talks on ceasefire with USIran's Foreign Minister Abbas Araghchi is visiting Pakistan for talks on regional developments and a ceasefire. Pakistan is mediating betwe...
- Welcome to the age of energy shocks: The unsettling future view that Iran's Hormuz playbook showsIran war: In today’s rapidly evolving energy scene, crises have become the new norm, frequently disrupting oil and gas supply chains. The g...
- Ryanair warns Middle East war, fuel shortages could hit summer season flightsRyanair CEO Michael O'Leary warned of potential jet fuel supply disruptions in Europe from June if the Middle East conflict persists, poten...
- US manufacturing sector grows in March; supplier delivery performance deterioratesAmerican factories saw growth in March. However, costs for materials surged to a nearly four-year peak. Supplier deliveries also slowed, in...
- Singapore container ship logjam spills over to Malaysian portThe maritime logjam is being caused by ships avoiding the Suez Canal and Red Sea due to attacks by Houthi rebels, who support Hamas in the ...
- Ship that caused deadly Baltimore bridge collapse to be refloated and movedThe container ship Dali, which caused the collapse of Baltimore's Francis Scott Key Bridge, is set to be refloated and moved to a nearby ma...
- Maersk says expanded Houthi attacks are forcing more delaysSince late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach t...
- West Coast port terminals temporarily shut on labor shortageRetailers, manufacturers and importers are avoiding shipping snarls, with respect to the the threat of union, by diverting goods to East an...
- German port congestion, supply bottlenecks weigh on global tradeCongestion continued to climb in September at Bremerhaven and Hamburg, where there are now 19 container vessels waiting to unload, up from ...
- Shanghai lockdown easing doesn’t mean end to shipping snarlsThe world’s supply chains have taken a battering this year from China’s Zero Covid policy, which has hampered the production and delivery o...
- China port congestion leaves everything from grains to metals strandedAdding to the snarl, there were 197 container ships either loading or waiting to load in Shanghai’s combined anchorage with Ningbo, a 17% i...
- Amazon bulks up shipping capacity to battle holiday season snarlsAmazon, which plans to hire 150,000 seasonal workers in the United States during the holiday period, said it had also increased ports of en...
- Shipping lines think spot rates have peakedThe price gains came as the economic recovery coincided with reduced shipping capacity, putting inflationary pressure on manufacturers in A...
- One of world’s busiest ports is back to business after Covid jamMajor shipping lines such as A.P. Moller Maersk A/S and Mediterranean Shipping Co. have been avoiding the port, where tighter health and sa...
- Ships skip Singapore as China congestion snarls supply chainThe disruption is causing further pain for global shippers already struggling with interruptions to supply chains from the pandemic, and th...
- Shipping snarls may last well into 2022The world’s largest private and publicly held container carriers collectively posted record profit of $19.1 billion in the first quarter, m...
- Suez Canal Authorities say backlog of ships is now clearedThe canal normally handles around 50 ships a day, but had to increase that figure to 80-90 to clear the backlog.
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