COPENHAGEN —Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk MAERSKb.CO told its customers on Wednesday. Maersk and two other large container lines have temporarily …
LONDON —Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia’s invasion of Ukraine. Ship owners pay …
THE HAGUE, Netherlands (AP) — Rescue helicopters evacuated all 18 crew members from a ship that was left drifting rudderless in a wind turbine park off the Dutch North Sea coast Monday after it collided with another ship and began …
From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the transport industry is bracing for another roller coaster year of supply-chain disruptions. As omicron infections surge …
LONDON– Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon emissions from global shipping as pressure builds on the sector to go fully green. Last month countries including the …
A Dallas gold coins dealer cannot evade a fraudulent check exclusion in its insurance policy by putting the onus on UPS for rerouting shipments worth more than $1 million. The Texas Supreme Court ruled that UPS’ alleged mishandling of its …
COPENHAGEN — The world’s largest shipping firm A.P. Moller-Maersk has suspended five employees as part of an investigation into an alleged sexual assault on one of its ships run by a U.S. subsidiary, and said it was working closely with …
FRANKFURT –Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike in prices is still likely to remain temporary, the world’s top central bankers warned on Wednesday. The disruptions to the …
WASHINGTON (AP) — With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast. But …
WASHINGTON — Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the way the coronavirus had upended normal life. He had no idea. In a twist that Poses never could have predicted, …