By Beiyi SEOW with Elodie MAZEIN in New York WASHINGTON, March 27, 2024 (AFP) – Diverted cargo and supply chain disruptions have left businesses rushing to avoid an economic hit following the collapse of a major bridge in Baltimore after it was hit by a cargo ship. With vessel traffic at the Port of Baltimore suspended until further notice since Tuesday’s accident, experts warn of knock-on effects but say these should be manageable in the […]
Tag: Logistics
Global maritime trade sails into geopolitical storm
By Antoine GUY, with Emeline Burckel in London PARIS, Jan 5, 2024 (AFP) – International maritime trade has hit stormy waters as attacks by Yemen’s Huthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge. Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which 12 percent of world trade usually passes. The Huthis say the […]
Malaysia bans Israeli-flagged ships in response to Gaza war
KUALA LUMPUR, Dec 20, 2023 (AFP) – Malaysia banned on Wednesday Israeli-flagged cargo ships from docking at its ports in response to Israel’s actions in Gaza, which it said ignores “basic humanitarian principles”. Ships on their way to Israel will also be barred from loading cargo at any port in the largely Muslim Southeast Asian nation with immediate effect, Prime Minister Anwar Ibrahim said in a statement. Anwar singled out Israel’s biggest shipping firm ZIM. […]
Australian ports reopen after cyberattack
SYDNEY, Nov 13, 2023 (AFP) – Major ports handling 40 percent of Australia’s freight trade have reopened, operator DP World said Monday, three days after they were crippled by a cyberattack. DP World cut its systems from the internet when the attack was detected Friday, preventing trucks from unloading or picking up cargo at ports in Sydney, Melbourne, Brisbane and Fremantle. “DP World Australia is pleased to announce that operations resumed at the company’s ports […]
One dead, four missing after two cargo ships collide in North Sea
By Femke COLBORNE BERLIN, Oct 24, 2023 (AFP) – One person has died and four are missing from the crew of a cargo ship that sank after colliding with another vessel in the North Sea, German authorities said on Tuesday. Two further crew members from the ship were rescued after the collision with a second cargo vessel early on Tuesday, German Sea Rescue Society (DGzRS) spokesman Christian Stipeldey said. The accident happened about 22 kilometres […]
Shanghai lockdown snarls world’s busiest port and China supply chains
by Beiyi Seow © Agence France-Presse BEIJING, China (AFP) — Shanghai’s grinding coronavirus lockdown is slowly clogging China’s supply chains, as delays hit the world’s busiest container port where staff are tangled in a morass of Covid controls. Beijing has refused to tack away from its strict zero-Covid strategy that has protected its public health system through the pandemic but at a mounting economic cost. China’s financial hub Shanghai — home to multinational firms […]
Salvors begin sinking ship which ran aground off Mauritius
PORT LOUIS, Mauritius (AFP) — Salvage crews on Thursday began the process of sinking the broken stem of a Japanese-owned ship which ran aground off Mauritius, leading to a major oil spill and ecological disaster for the Indian Ocean island. The MV Wakashio broke into two on Sunday, after a race against the clock to pump all the remaining oil off the bulk carrier which ran aground last month and began leaking black fuel into idyllic […]
The Japan firms behind Mauritius oil-leak ship
by Shingo ITO Agence France-Presse TOKYO, Japan (AFP) — The Japanese firm that operates a ship leaking fuel off the coast of Mauritius has been involved in accidents before, including a 2006 oil spill in the Indian Ocean. Mitsui OSK Lines operates the MV Wakashio, which ran aground on July 25 just off the coast of Mauritius, carrying 4,000 tonnes of fuel that has been seeping into the pristine coral-filled waters of the island nation. […]
US ports brace for surge of imports ahead of new tariffs on China
by John Biers NEW YORK, United States (AFP) — The latest lurches in President Donald Trump’s trade war with China set the stage for a potential repeat of late 2018 when goods flooded into America’s ports to beat new tariffs. US importers, retailers and shippers are bracing for a new round of punitive duties on Chinese goods set to hit in two steps, September 1 and December 15, likely to drive a rush […]
Hong Kong port slips from global top five for first time
HONG KONG, China (AFP) — Hong Kong’s port, which once vied with rival Singapore for global dominance, has slipped out of the world’s top five busiest shipping container terminals for the first time, new data has revealed. The bustling southern Chinese financial hub owes its very existence to its ideal location as a port, a cornerstone of the remarkable growth of a city’s whose name means “Fragrant Harbour”. It has been among the world’s […]
Jacques Saade, founder of French shipping giant, dead at 81
by Francois BECKER Agence France-Presse MARSEILLE, France (AFP) — French-Lebanese businessman Jacques Saade, who founded CMA CGM, which went on to become the world’s third largest container shipping firm, has died, his company said. He was 81. “Jacques R. Saade dedicated his life to CMA CGM. A true visionary and unique entrepreneur, he made his business a world leader in the maritime container transport,” a company statement said in announcing his death on Sunday. “We have lost […]
DOH: Medical assistance sa mga biktima ng Marawi City siege, nakahanda na
(Eagle News) – Tiniyak ng Department of Health na handa ang kanilang medical teams, logistics at mga gamot para sa mga biktima ng engkwentro ng militar at Maute group sa Marawi City. Ayon kay Health Secretary Paulyn Jean Rosell-Ubial, nakahanda ang mga ospital na tumanggap ng mga pasyenteng mula sa komunidad sa Amai Pakpak Medical Center. Naka-stand-by na rin ang mental at psycho-social debriefing team. https://youtu.be/hVBox4u2pJw





