Allianz just released its 12th Risk Barometer, an annual corporate risk survey incorporating the views of 2,712 risk management experts in 94 countries and territories, including CEOs, risk managers, brokers and insurance experts. The overall…
In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director Mario Cordero discussed the port’s plan to support California’s emerging floating wind industry.The Port of Long Beach has not yet been identified as a marshalling port for any one project…
Global economy 2023: COVID-19 turned global supply chains upside down – Three ways the pandemic forced companies to rethink and transform how they source their productsThe global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China…
The oceans are inextricably connected to the health of the planet, and of humans: they absorb up to 30% of annual greenhouse gas (GHG) emissions and 90% of excess heat, and over 3 billion people — almost half the global population — depend directly…
Trade is a major cause of global warming. Think of all those goods travelling from far away on polluting ships – and raw materials and components whizzing across the world in complex supply chains.But the right trade policies can also do a lot to save the planet…
Ukraine has few viable options currently to boost grain exports by rail, road or river barge anytime soon if a United Nations-brokered deal with Moscow to export by sea runs into trouble.Ukraine is one of the world’s leading grain and oilseed…
The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships…
As the temperatures start their annual decline on the Great Lakes, an icy chill is in the air. Shipping companies across the lakes are rushing to get final loads of critical raw materials from the northern lakes to the manufacturing facilities on the lower lakes…
Stubborn long-term container rates refuse to follow in footsteps of huge spot declines, but change is coming - XenetaWith dramatic spot rate falls, a non-existent peak season, and easing port congestion freeing up capacity, the scene was set…
On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U…
Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates to blank sailings.The container shipping market has enjoyed a prolonged historic, and somewhat unexpected bull run, as COVID…
Long-term contracted rates fell by 1.1% in September, marking the first drop since January and one of only three declines in the past 21 months, recent data from the Xeneta Shipping Index (XSI) reveals. However, analysts at Oslo-based Xeneta…
An Inland River Transportation Caucus could help inland river transportation interests that are often misunderstood and greatly undervalued.For anyone doing business on the inland river transportation system, the goal is to keep the rivers open for business…
While those in the Beltway continue to struggle to offer solutions to U.S. supply chain capacity issues, it seems apparent that policymakers have at least found their scapegoat for these issues in the form of the maritime industry. A specific talking point during the State of Union Address…
The Biden Administration’s struggles to alleviate supply chain capacity issues appear to be continuing with no end in sight. Part of the issue arises from the Administration’s limited focus on ports and another part arises from Congressional stalemates…
