Shipping Industry

Latest News for: Shipping industry

photo: Public Domain

ROKS Sejong the Great (DDG-991) destroyer

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These may be the world’s best warships. And they’re not American

CNN 03 Jun 2023

In 2019, total economic activity associated with the US shipbuilding industry accounted for nearly 400,000 jobs and contributed $42.4 billion in GDP, according to the Maritime Administration, with 154 shipyards spread across 29 states classified as active shipbuilders and more than 300 engaged in ship repairs or capable of building ships.

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California woman busted in counterfeit postage scheme that cost USPS over $60M

New York Post 03 Jun 2023

Chen’s Inland Empire business in Industry provided shipping and postage services to businesses, including e-commerce vendors operating out of China. She is alleged to have shipped more than 9 million pieces of mail between from last November 1 to April 30.

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Methanol Bunkering Arrives in Antwerp and Scandinavia

The Maritime Executive 03 Jun 2023

The bunkering industry is working to adapt to alternative fuels and prepare the infrastructure as ship owners and operators accelerate the pace of the adoption of methanol as a marine fuel ... Being ready to supply alternative products in Scandinavia marks a significant event for the rest of the maritime industry says Bunker One.

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US Deputy Chief of Mission promotes 'Green Alliance' framework

Urdu Point 03 Jun 2023

... to promote environmentally friendly shipping practices in Pakistan. Reducing greenhouse gas emissions in Pakistan's shipping operations will not only help mitigate climate change, but also enhance the long-term competitiveness of Pakistan's shipping industry and overall economy.

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Cooperation between sectors. UAE aims for ‘decisive results’ at COP28

The Eastern Herald 03 Jun 2023

Average global temperatures are already around 1.2C higher than pre-industrial levels, and experts say the chances of hitting the ‘ambitious climate target’ are becoming increasingly unrealistic unless emissions are sharply reduced ... He said, “We need oil and gas, industry, aviation and shipping.

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Work stoppages reported at LA, Long Beach ports as labor talks seem to stall

San Gabriel Valley Tribune 03 Jun 2023

We aren’t going to settle for an economic package that doesn’t recognize the heroic efforts and personal sacrifices of the ILWU workforce that lifted the shipping industry to record profits.” ... That contrasted sharply with the recent optimism from industry observers, who had indicated in recent weeks that an agreement was expected to come soon.

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MSC World Europa: See Inside This Epic New Cruise Ship

Forbes 03 Jun 2023

With bold design choices, the MSC World Europa points to the future of the industry. It's one of the world's biggest cruise ships to run on LNG ... .

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How the US-China chip war is dismantling Taiwan’s silicon shield

South China Morning Post 03 Jun 2023

The 2021 ship shortage pushed great powers to take back control of the semiconductor industry, attempting to redraw supply chains concentrated in East Asia, and eroding Taiwan’s strategic importance and bargaining power ... .

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Policy package unveiled to avert crisis in freight truck industry

Asahi News 03 Jun 2023

The government drew up a policy package to avert a looming crisis in the freight truck industry that will likely result in far slower deliveries because of a driver shortage ... The package also called for improving the transport capability of trains and ships to reduce the burden on the trucking industry ... .

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US West Coast port workers shut some terminals in showdown over pay

Reuters 03 Jun 2023

"We aren't going to settle for an economic package that doesn't recognize the heroic efforts and personal sacrifices of the ILWU workforce that lifted the shipping industry to record profits," when cargo surged during the early days of the pandemic, Adams said.

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Emirati hosts want UN climate talks to deliver ‘game-changing results,’ with big oil at the table

The Associated Press 03 Jun 2023

... efforts to curb global warming, but doing so will require having the fossil fuel industry at the table ... “We need to have oil and gas, we need to have industry, we need to have aviation, we need to have shipping, we need to have all the hard to abate sectors,' he said, adding.

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UAE defends Big Oil's role at UN climate summit it will host

Killeen Daily Herald 03 Jun 2023

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Emirati hosts want UN climate talks to deliver 'game-changing results,' with big oil at the table

Yahoo Daily News 03 Jun 2023

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Senior UAE official defends Big Oil’s role at UN climate summit his Gulf nation will host

Odessa American 03 Jun 2023

... to curb global warming, but doing so will require having the fossil fuel industry at the table ... “We need to have oil and gas, we need to have industry, we need to have aviation, we need to have shipping, we need to have all the hard to abate sectors,” he said, adding.

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