How much do shipping CEOs make? (Here’s their pay info)
Shipping magnates don’t pervade the billionaire ranks like they did in the days of Aristotle Onassis. They’ve been left behind by tech bosses, financiers and...
Category : Freight
Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors
The share of exports from Africa to the rest of the world ranged from 80% to 90% between 2000 and 2017. This has created a...
Dry bulk supramax freight market surprises for the first half 2021
(Image Courtesy: The Signal Group) Revamped demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market for...
DEAL: Ghanaian logistics company, Jetstream raises $3 million in seed round
Jetstream, a Ghanaian-based technology-enabled logistics company has secured $3 million in a seed round. Investors in this round include Alitheia IDF, Golden Palm Investments, 4DX...
Biden’s orders seek to promote competition for rail and sea transport
Washington DC: To lower prices to consumers, President Joe Biden aims to reduce rail and sea transportation costs. The White House will issue an executive...
Skyrocketing Containership Rates Draw EU Scrutiny
By Aoife White (Bloomberg) Container shipping’s surging rates are getting scrutiny by the European Union, adding to a U.S. call for more competition among shipping...
Shipping Delays and Higher Rates Get Small Businesses Jammed Up
Long waits for merchandise deliveries and crippling costs are hobbling the efforts of small and midsize businesses across the U.S. to benefit from the economic...
Electrolux expects inflationary pressure to be shortlived
Inflationary pressures should subside later this year as the easing of the Covid-19 pandemic brings about a normalisation of extraordinary demand for consumer goods, according...
Surging Shipping Rates to Tighten Sugar Market, BP-Bunge Says
(Bloomberg) — Sugar refineries waiting for sky-high shipping rates to ease before locking in purchases may find that supplies tighten by year-end as mills in...
Good news from the Maritime Industry Authority
MARINA’S central office building Filipino traders are in crisis due to the global shortage of cargo vessels and container vans. The shortage has caused inbound...