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Tag: Shipping
EU Shipowners Race to Move Russian Oil Before Sanctions Kick In
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European Energy Crisis Spurs Maritime Fueling Innovation
An aerial view shows a section of the Sunny Liger, a Marshall Islands-flagged tanker with a … [+] consignment of Russian diesel, anchored in the North Sea, near IJmuiden, on April 30, 2022. R...
California Truckers Struggle to Comply With New Employment Law
Trucking companies and truck owner-operators are scrambling to figure out how to operate under a new California law that toughens definitions of nonemployee drivers, upending decadeslong practices tha...
Port of Oakland slashing free wait time for import containers
In an aerial view, shipping containers sit on the dock at the Port of Oakland on May 20, 2022 in Oakland, California. Justin Sullivan | Getty Images The Port of Oakland has had enough of the long-dwel...
Exeno is Offering Free Shipping on its Crypto Commerce Store
Ajeltake Island, Majuro, 27th June 2022: The first company fully focused on global crypto commerce (“c-commerce”) platform now offers free shipping for its marketplace for a limited period. Exeno is a...
Cruise Lines Can’t Duck Their Debt
Cruise ships, it seems, are like ducks—elegant and effortless above the water, fighting like crazy to stay afloat beneath. On the surface, the industry is finally steaming ahead after over a year at b...
Carnival Stock Surges as Second-Quarter Revenue Rises Sharply
Text size A large Carnival cruise ship docked at port in turquoise blue water. Dreamstine Shares of Carnival were rising Friday after the cruise line posted second-quarter revenue that rose sharply fr...
Hydrogen Risks Being The Great Missed Opportunity Of The Energy Transition
20 June 2022, Brandenburg, Schönefeld: Franziska Giffey (M, SPD), Governing Mayor of Berlin, and … [+] Dietmar Woidke (r, SPD), Minister President of Brandenburg, stand in front of a model of a ...
World’s largest hybrid ship to ferry passengers between UK, France
An artist’s impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours. Brittany Ferries A ship set to carry passengers between the U....
Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer
Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely. “...
Shipping Stocks Dive As Stagflation Fears Hit Market; Zim Triggers This Sell Rule
Shipping stocks were under pressure Wednesday as global stagflation worries appeared to hit the industry. X On Wednesday, the Organization for Economic Cooperation and Development cut its global growt...
Modular Housing’s Potential Unleashed By Innovative Process And Design
The Liv-Connected modular home can be flat packed and shipped across the country and then assembled … [+] in a matter of hours. Chris Coe Homes are built with hundreds or thousands of different ...
Oil Tanker Stocks To Watch As Shipping Rates Soar
Market experts consider rising inflation and the Ukraine crisis as the two biggest market risks this year. Runaway inflation has been corroding asset values, limiting buying power and eating away at c...
Why More Networks Should Imitate Cardano When It Comes To Writing And Shipping Code
The crypto space is developing at an accelerated rate as projects such as Cardano continue to ship out impressive code. This fast-paced innovation has no doubt hit a few bumps in the road in terms of ...
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
Cruise Stocks Have Sunk. Only Two Have Seen Large Insider Buys.
Text size Norwegian Cruise Line Holdings ships sit idle. The company and Carnival saw large stock buys by insiders. Tim Rue/Bloomberg All three cruise-line operators are pretty much in the same boat t...
Shipping Stocks: Red-Hot Star Bulk, Diana Shipping Report Amid Shortages, China Curbs
Commodities ocean shippers Diana Shipping (DSX) and Star Bulk Carriers (SBLK) report first-quarter earnings on Tuesday. Both shipping stocks rose ahead of the results, and Diana Shipping was in a buy ...
Shipping Stocks: Danaos Earnings Beat, ZIM, Golden Ocean Earnings Due
Danaos (DAC), a lessor of container ships, reported first-quarter earnings after the close on Monday that beat expectations. But Danaos stock was down after hours following the report. The company rep...
Can Small Businesses Adapt Their Supply Chain With Current Challenges?
2021 brought rising shipping and oil costs and major supply issues, largely driven by shipping … [+] disruption, container shortages, COVID staffing challenges and Brexit red tape. What can smal...
SoftBank Ventures Asia Leads $5.8 Million Investment In Korean Autonomous Shipping Startup
COURTESY OF SEADRONIX SoftBank Ventures Asia, the venture arm of Japanese billionaire Masayoshi Son’s SoftBank Group, led a $5.8 million round in South Korean autonomous navigation startup Seadronix, ...
Disney, Occidental, Rivian, Palantir, BioNTech, and Other Stocks to Watch This Week
Text size We’re past the peak of first-quarter earnings season, but with several notable companies still left to report next week. The economic-data highlights of the week will be a pair of inflation ...
Cruise stocks don’t look at all like they’ve bottomed yet, analyst says
There’s still no compelling reason to believe that shares of cruise operators have bottomed, as a “trifecta of worries” still remain, said Deutsche Bank analyst Chris Woronka. Woronka reiterated the h...