Posts Tagged ‘shipping’

US charges 4 foreign nationals with shipping Iranian-made weapons to Houthis

The U.S. has charged four foreign nationals with shipping Iranian-made weapon parts to the Houthi rebels in Yemen, a shipment that was seized by Navy SEALS in a daring raid last month off the coast of Somalia. The Department of Justice (DOJ) unsealed an indictment Thursday against Muhammad Pahlawan, Mohammad Mazhar, Ghufran Ullah and Izhar… […]

Japanese Shipping Giant Warns “Historic” Red Sea Crisis Could Last “Six Months Or One Year”

President Biden’s Operation Prosperity Guardian to shield commercial vessels in the Red Sea, along with US and UK bombing raids across the Middle East, have yet to stop Iran-backed Houthi rebel attacks around the Bab al-Mandab Strait.  On Tuesday morning, Houthi rebels fired “projectiles” at two commercial vessels, striking one, highlighting the ongoing risks of […]

Major shipping giants HALT Red Sea route following Houthi attacks on shipping vessels

(NaturalNews) Over the weekend, four of the world’s largest shipping companies halted operations in the Red Sea amid ongoing vessel attacks by Yemen’s Iran-backed… Source

Birth Rate Collapse: Baby Formula Factory Shipping to China to Shut Down Due to Lack of Demand

Nestle will shutter or sell the Wyeth Nutrition baby formula factory in Askeaton, Ireland, due to collapsing birth rates in China. Source

Goldman Warns About Shipping Recession As Consumer Sputters 

Goldman Warns About Shipping Recession As Consumer Sputters  Since global shipping peaked during the Covid pandemic, A.P. Moller-Maersk has warned about an emerging downturn in the container shipping market.  Goldman now forecasts a lengthier and potentially more severe downturn for the shipping industry, recommending a sell for the Danish shipping giant:  “We believe market expectations […]

Trouble Ahead: Container Shipping Rates Sinking Further Into The Red

Trouble Ahead: Container Shipping Rates Sinking Further Into The Red By Greg Miller of FreightWaves It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-making territory. Rates “continue to lose ground, bending under the pressure of insufficient demand and […]

IRISL launches direct shipping line to India’s Nhava Sheva Port

TEHRAN – The Islamic Republic of Iran Shipping Lines (IRISL) has launched a direct container shipping line from Shahid Beheshti Port in southeastern Chabahar to India’s Nhava Sheva Port, MANA reported. Source

FedEx, UPS both see PLUMMETING shipping volume as economy nears COLLAPSE

(NaturalNews) The cargo market is imploding as shipping giants UPS and FedEx report precipitously declining package transit demand.We know that the number of… Source

Greek shipping still coming to terms with the sale of lender

Greek shipping is still coming to terms with the takeover of its largest lender. The swift buyout of troubled Credit Suisse by compatriot bank UBS on Sunday has left many questioning the future of the enlarged bank’s shipping interests. Credit Suisse has been the largest bank financier for Greek shipping since 2016, its Greek portfolio… […]

Latvia Is Shipping Cars Seized From Drunk Drivers To Ukraine

Home » Europe, Social » Latvia Is Shipping Cars Seized From Drunk Drivers To Ukraine     The Latvian government last month approved a plan to donate cars seized from drunk drivers to Ukraine, in what it says is a creative scheme (or else we could say publicity-seeking scheme) to help the war effort there. […]

Arizona Governor Forced to Remove Shipping Container Border Wall by Biden Administration

Republican Arizona Gov. Doug Ducey is being forced to take down a makeshift border wall of shipping containers after the Biden Administration sued him for “damaging the United States” by putting up the temporary structure in the absence of any Federal border protection. The lawsuit charged that the wall had been erected “unlawfully and without authority,” on Federal lands […]

UPS and FedEx expected to raise shipping rates by as much as 10% next year

(NaturalNews) (Natural News) Shipping costs are expected to rise by 8 to 10 percent next year at the nation’s two biggest package delivery companies, UPS and FedEx.This is according to a recent report by the shipping consultancy TransImpact, who is predicting that despite the increases, there will be very little difference between the prices offered […]

The tide has turned: Shipping lines no longer interested in renting container vessels

(NaturalNews) (Natural News) Rates for container ship rentals are now in a nosedive, as per freight indexes.The cost of transporting goods in containers has steadily declined since reaching its highest point before the end of 2021. “What is astonishing is how quickly the market appears to turn,” ship brokerage Braemar said. “Only some weeks ago, … […]

White House says Republican governors shipping migrants to other states is ‘reckless,’ ‘shameful’

“We have had a process in place, there is a legal way of doing this, and for managing migrants,” Jean-Pierre said during a White House press briefing. “Republican governors interfering in that process and using migrants as political pawns is shameful.” Migrants from Central and South America wait near the residence of Vice President Kamala […]

Arizona ‘Has Had Enough,’ Starts Stacking Shipping Containers In Border Wall Gaps

Arizona ‘Has Had Enough,’ Starts Stacking Shipping Containers In Border Wall Gaps Date: August 15, 2022Author: Nwo Report   Arizona Gov. Doug Ducey has ordered 60 double-stacked shipping containers to be placed in border fence gaps near Yuma, the state’s busiest illegal border crossing area. Posted BY: ZeroHedge The containers will be reinforced with concertina […]

UPS Has New Ghost Gun Shipping Rules That Could Disrupt the Industry

Corporate shipping giant UPS has stopped delivering for some American retailers that sell parts for unserialized firearms known as “ghost guns” after pressure from Democrats and the rollout of new federal rules aimed at cracking down on the weapons. A letter from UPS to a Florida business called Ghost Firearms, which sells components to build […]

Walmart Is Shipping Baby Formula from Wyoming to New Jersey to Fill Demand

A Walmart customer service representative confirmed to this Breitbart News reporter that an order of Enfamil brand infant formula was shipped out of Cheyenne, Wyoming, to North Bergen, New Jersey, “due to the unavailability of the item at the nearest fulfillment center in your area.”

Russia Revives “Winged” Shipping

When it comes to Russia’s high-tech exports, one usually thinks of either military, space-related or nuclear products. It is these technologies that the Russian Federation is primarily known for. But there are other sectors, closer to ordinary civilians around the world, in which Russia has impressive achievements, and it is willing to share these achievements […]

CMA Shipping 2022: Disarray Around ‘Decarbonization’

CMA Shipping 2022: Disarray Around ‘Decarbonization’Published on April 11, 2022Written by The Connecticut Maritime Association conference wrapped up last week, bringing together hundreds of attendees to an “in person” setting. Just like many other “perennial” events that had been disrupted in 2020 and 2021 by the pandemic, this one went through a tortuous sea […]

France detains man for shipping chemical weapons parts to Syria regime

French police have detained a French-Syrian man on suspicion of supplying the Syrian regime of Bashar Al-Assad with components to develop its chemical weapons capabilities. According to the news agency, AFP, which cited anonymous sources close to the case, the 59-year-old was arrested on Saturday in the south of France after returning to the country […]

Why America’s ‘Shipping Crisis’ Will Not End

Above Photo: Port of Los Angeles. Shipping and Freight Resource. From a Twenty Year Truck Driver. I have a simple question for every ‘expert’ who thinks they understand the root causes of the shipping crisis: Why is there only one crane for every 50–100 trucks at every port in America? No ‘expert’ will answer this […]

Walnuts for Holiday Baking Languish as US Shipping Crisis Hurts Farmers

ESCALON, CALIF.—The shrink-wrapped boxes of fresh California walnuts stacked almost to the ceiling in Don Barton’s California packing facility should be headed to Europe for holiday baking and to Asia for New Year celebrations. Instead, newly cleaned and shelled nuts—about $10 million worth—are stuck at his processing plant near Sacramento, thousands of miles from their […]

Shipping Costs Surge: $17,000 to Ship Container to California from Asia, Up from $3,800 in 2020!!

Shipping Costs Surge: $17,000 to Ship Container to California from Asia, Up from $3,800 in 2020!!  Nwo Report   Source: WENDELL HUSEBØShipping costs are surging around the globe, causing the price of sending a container from Asia to the West Coast to increase many times over.When Donald Trump was president in 2020, the price to ship […]

Revealed: Mercer Street’s Parent Shipping Company a Front for Israeli Intelligence

Zodiac Maritime, the Mercer Street’s operator, has a long history of working closely with both the Israeli Defense Force (IDF) and Israeli intelligence unit Mossad, using its ships to ferry arms and operatives around the region for covert operations, including assassinations. Source

Supply Chains Brace For Collapse: Port Of LA Fears Repeat Of “Shipping Nightmare” As China Locks Down

Supply Chains Brace For Collapse: Port Of LA Fears Repeat Of “Shipping Nightmare” As China Locks Down August 13, 2021 By Tyler DurdenYesterday we reported that with container shipping rates already blowing out to never before seen levels amid continued chaos in Transpacific shipping as a result of massive port backlogs and production delays in […]

China-U.S. container shipping rates sail past $20,000 to record

China-U.S. container shipping rates sail past $20,000 to recordin International Shipping News 06/08/2021 Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add strain to global supply chains.The acceleration in Delta-variant COVID-19 outbreaks in several […]

Global Shipping Crisis Far Worse Than Imagined

Over the past decades world ocean trade has expanded almost exponentially as major manufacturing outsourcing from USA and European corporations has blossomed under the advent of economic globalization. The result has been that Asia, most especially China, has become the essential manufacturing source for everything from iPhones to antibiotics and everything in-between. The creation of […]

US convicts Iranian national of illegally shipping military items to Iran

An Iranian national has been convicted by a US federal jury for violating trade embargos and illegally exporting sensitive military items to Iran, the US Justice Department announced in a statement on Friday. Mehrdad Ansari, 39, is an Iranian citizen but is also a resident of Germany and the United Arab Emirates.  According to the […]

Suez Canal Shipping Backlog Ends, Days After Giant Vessel Freed

Ship Ever Given, one of the world’s largest container ships, is seen after it was fully floated in Suez Canal, Egypt March 29, 2021. Photo: REUTERS/Mohamed Abd El Ghany The last ships stranded by the grounding of a giant container vessel in the Suez Canal should pass through the waterway on Saturday, according to the […]

Lil Nas X’s ‘Satan Shoe’ saga continues as judge orders maker to halt shipping

A judge has ordered the maker of Lil Nas X’s “Satan Shoe” to halt fulfilling all orders of the shoe amid ongoing litigation from Nike, a report has said. According to Business Insider, a court ordered MSCHF, the New York-based art collective that launched in collaboration with the rapper, to halt shipping immediately. Nike filed […]

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