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...One shipping executive — John Wobensmith, chief executive of New York-based dry bulk company Genco Shipping — said he had not had any push back from charterers on diverting his vessels....
...In the shipping market, the Red Sea crisis will continue to add volatility....
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
...A Chinese state-owned shipping company building one of Latin America’s biggest deepwater ports has criticised a move by the Peruvian government to remove its exclusive right to operate the facility....
...You can’t operate an ecommerce luxury fashion business on those margins,” he says, citing high costs for shipping, marketing and content creation. “The numbers just don’t add up.”...
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
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...Smart reads A fatal mistake The Wall Street Journal investigates what happened on a remote Texas ranch in a billionaire shipping scion’s final hours....
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
...Wang Chuanfu, chair and chief executive of BYD, told a conference in Shenzhen this month that the company would “deploy seven car carriers in the coming two years to ease the shortage of shipping capacity...
...Fitzgerald forecast a “mixed” outlook for this year as shipping giants such as Maersk have warned of an “abrupt end” to the container shipping boom....
...Australia has ambitions to step up its efforts to refine spodumene to keep more of the value onshore rather than shipping all of its resources to China, which has a commanding share of the refining process...
...Shein, which is headquartered in Singapore, is doubling down on the UK market as it battles competition from Pinduoduo’s Temu, an ecommerce platform that has replicated Shein’s model of shipping cheap goods...
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...(We couldn’t afford the shipping.) That we are now getting cold funding offers is both hilarious and disconcerting. Sure, it could just be a fraud....
...Small wonder that a bet on the sector has paid off for the Cayzer shipping family’s investment vehicle....
...In the UK, Waterstones has about 320 stores, and is opening about 10 more every year despite rising costs from wages, distribution and shipping....
...Nathan said that the private sector loan to the Adani-led terminal consortium “will expand [the terminal’s] shipping capacity, creating greater prosperity for Sri Lanka — without adding to sovereign debt...
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