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BUSINESS

Cutting Carbon Emissions Remains a Struggle for Shipping Industry

Business, Costas Paris, Published on 29/10/2021

» Shipping operators are under pressure from governments and big customers such as Amazon.com Inc. to clean up vessels' carbon emissions. But viable alternatives to fossil fuels are just taking shape.

BUSINESS

U.S. Supply Chain Struggles to Adapt as Delays Worsen

Business, Costas Paris & Jennifer Smith, Published on 28/09/2021

» Nike Inc. doesn't have enough sneakers to sell for the holidays. Costco Wholesale Corp. is reimposing limits on paper towel purchases. Prices for artificial Christmas trees have jumped 25% this season.

BUSINESS

Shipping Lines Learn to Make Money By Balancing Supply and Demand

Business, Costas Paris, Published on 01/09/2020

» When countries began locking down their economies early this year in the face of the spreading coronavirus pandemic, the world's container lines braced for a steep decline in shipping demand. Analysts warned that massive financial losses would soon follow at seagoing companies that carry the lion's share of global trade.

BUSINESS

Shipyards' Rebound Hopes Are Coming Up Empty

Business, Costas Paris, Published on 27/07/2020

» Shipbuilding demand is sinking, and there's no rescue on the horizon.

BUSINESS

Coronavirus Toll on Shipping Reaches $350 Million a Week

Business, Costas Paris, Published on 13/02/2020

» Diminished trade as a result of the coronavirus outbreak is costing container shipping lines $350 million a week in lost volumes, a new report says, as declining activity in China begins to take a deeper toll on maritime operations from shipyards to carriers of bulk commodities.