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...“This confirms that there are no quick solutions to this crisis,” said Peter Sand, chief analyst at Xeneta, a container market intelligence company....
...One hit the container ship MSC Sky II on Monday, while the US warship USS Carney shot down another. It did not say what happened to the other two weapons....
...Spot rates for shipping containers were at that point above $20,000 a 40ft container....
...“There appears to be no solution for now. We’re bracing for this to last several months,” Saadé said....
...Container ships are the main means of worldwide transport for finished and semi-finished goods....
...Sea Legend told the Financial Times it had added Red Sea calls to its services to offer a solution for shippers in the Far East with appropriate security....
...This in turn exhausted capacity on maritime routes and sent customers searching for speedier transport solutions....
...Container freight rates on east-west trades have more than doubled in four weeks....
...“The stopwatch for a diplomatic solution is running out.”...
...Freight demand is price inelastic in the short run and transport isn’t a big part of overall costs....
...“Definitely the Mexican solution could be a potential threat to the Panamanian operation,” he said at a recent news conference, adding that a replacement route would only be needed “if we were in a situation...
...“Engineering-wise, I don’t know if there is a solution,” said Jonathan Roach, container market analyst at shipbroker Braemar. “It’s likely to be a continuing problem....
...The Center for Global Policy Solutions believes robotaxis will cost about $0.75 per mile to run, including insurance and maintenance....
...Shipping groups investing in decarbonisation, however, are divided on the best solutions....
...Meanwhile, in the shipping world, Maersk, the world’s second-largest shipping container company, has pledged to move to sustainable fuels....
...Techs vs transports Four of the five mammoth technology companies (Meta, Amazon, Alphabet and Microsoft) have now reported, and colour us impressed....
...“The idea was [that] you create solutions for these large customers that, today, have to contend with very, very volatile supply chains.”...
...“We might be charging a premium for it, but we have solutions for all of the big problems in Covid,” says Sobko. “The worse it gets, the better it is for us.”...
...“You see far less personal car ownership in Europe and the UK, and greater uptake of public transport and other solutions,” he says....
...But global supply chain disruptions early in the pandemic forced a rethink as companies turned to tech-based solutions to locate and help transport goods....
...Clerc said Maersk was not “chasing a solution which is not there”....
...Transport-related CO₂ emissions of the tourism sector make up 22 per cent of emissions from all transport, says the UN World Tourism Organisation....
...“We have clients telling us they do not want to put all their eggs in one basket in China, so they are looking for other solutions,” he said in an interview....
...It cuts transport emissions by approximately 80 per cent. Chilled and low-oxygen containers keep the flowers fresh....
...Under the proposal, 80 per cent of takeaway drinks containers would need to be refillable by 2040, and 15 per cent of wine bottles would be reused....
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