Marine Insurers Widen High-risk Area as Ukraine Conflict Escalates
London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia's invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry's Joint War Committee
3 Ways to Build a Resilient Supply Chain
After nearly two years of pandemic-related disruptions wreaking havoc, business leaders are learning from the past and looking to the future of supply chain management. Companies across industries are attempting to meet the moment and replace legacy supply chain practices with
Energy harvesting smart buoy prototypes
Nagasaki University and Kyocera Corporation have announced their joint development of an Energy Harvesting Smart Buoy. The new technology combines Nagasaki University's tidal current power generation technology with Kyocera's IoT technology to collect reliable ocean data. Prototype buoys can collect a wide
Container transport industry on the verge of new profitability
It is no secret that the pandemic has created chaos for retailers and manufacturers trying to balance supply and demand. A recent study “The Shipping Crisis” shows that retailers and manufacturers have found it increasingly difficult to keep store shelves
CMA CGM Air Cargo to make first flight on March 8
The CMA CGM Group has announced that its new specialist air freight division CMA CGM Air Cargo is to begin operations starting March 8 with the first Airbus A330-200F cargo flight between Liege and Chicago. CMA CGM Air Cargo’s first Airbus
Vessel shortage delays shippers
Malaysian shippers are scrambling to secure containers from any available shipping services at premium rates, or have to rely on air freight for urgent shipments due to container and vessel capacity shortage. The space and vessel shortages are mainly for trade
CMA CGM launches air cargo division
CMA CGM has launched its air cargo division with the purchase of four Airbus A330-200F freighter aircraft. With a 60-tonne-payload and a range of 4,000 nautical miles, the aircraft will connect Europe with the rest of the world. The fleet operation
The ports of Antwerp and Zeebrugge to merge
The City of Antwerp and the City of Bruges have reached an agreement to merge their respective ports. The two-city agreement marks the start of a unification process that is expected to take a year to finalise. Once completed, the