Supply Chain Woes Prove a Boon for Cargo Salvage Companies

With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times....

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Asia’s factory workers at the sharp end of the west supply chain crisis

For weeks, Hoang Thi Quynh worked and slept inside a garment factory in Tien Giang province, in southern Vietnam. She would start her shift at 7.15am and then, after a day spent sewing sportswear garments, enter an empty hall of the factory complex and settle down for the night....

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In pandemic time local shippers added 32 vessels to fleet

Bangladesh spends at least $9 billion in freight charges per annum, while local ocean going vessels could tap only 8-10% at best owing to a dearth of ...

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Supply Chain Problems in 2021: How They Impacted the Economy and What is Next?

Supply chains are networks — ways to source and supply various goods and services across the globe. Unfortunately, due to complications resulting from the pandemic, both businesses and consumers have learned firsthand how vulnerable these networks are, and how critical they are to deliver what we and others often ...

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French shipping firm CMA CGM buys part of Ingram Micro in $3 bln deal

PARIS, Dec 8 (Reuters) - France s CMA CGM said it had agreed to buy most of Ingram Micro s Commerce & Lifecycle Services (CLS) activities in a deal valued at $3 billion, adding this was aimed at accelerating the shipping group s push into end-to-end logistics....

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U.S. Congress Takes Aim at Container Carriers to Ease Crisis

Container shipping companies enjoying the best of times for profitability and the worst of times for global supply-chain reliability are ending the year hoping Washington doesn’t make the problems even tougher to resolve....

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Changes in German shipping

During the past 15 years, German shipping underwent dramatic changes: The KG model ended, going concern and insolvency cases piled up, and German ship finance banks cleared their balance sheets and disposed of parts or all their shipping exposure, ship finance activities were halted, and exits from the ship finance ...

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China Covid-19 port quarantine for shipping crew stokes delays ahead of Lunar New Year

Feeder operators at ports in southern China are extending service suspensions by at least six weeks over the Lunar New Year holiday due to strict quarantine measures for shipping crew, in a move that may further disrupt snarled supply chains, industry insiders say....

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Vietnam shipping company begins service to Malaysia, India

The Vietnam Maritime Corporation has launched a container shipping route to Malaysia and India....

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Shipping Cost And Delays Are Prompting Companies To Look Towards Canadian And U.S. Suppliers

Global shipping and supply chain bottlenecks are encouraging Canadian firms to bring production back home, but some companies would have to absorb higher costs and build expertise in certain sectors for local manufacturing to pick up pace....

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