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  • Icelandic Volcano Erupts: Air Traffic On Alert

    Last updated on December 21, 2023 by Ben Thompson
    Iceland Volcanic Eruption Disrupts Air Travel

    New Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.

  • International Coalition Unite to Defend Red Sea

    Last updated on December 21, 2023 by Ben Thompson
    Operation Prosperity Guardian unites to defend Red Sea.

    Operation Prosperity Guardian, led by Combined Maritime Forces, aims to safeguard Red Sea ships from Houthi attacks. US, UK, and others deploy vessels, reflecting global commitment to regional stability.

  • Norwegian Tanker Struck By Missile

    Last updated on December 14, 2023 by Ben Thompson

    Houthi rebels strike Norwegian tanker MT Strinda with a missile near Bab el-Mandeb Strait. No casualties reported; fire extinguished, vessel safely reaches port. US Navy destroyer aids after mayday call. Incident raises concerns over Suez Canal shipping safety amidst regional tensions.

  • Last-Mile Organ Delivery Via Lambo

    Last updated on December 14, 2023 by Ben Thompson

    Italy's state police to use Lamborghini Urus Performante for rapid organ transport. This 666-horsepower SUV, donated by Lamborghini, aids emergency medical services with police and medical equipment.

  • The First Commercial Fossil Fuel-Free Trans-Atlantic Flight

    Last updated on December 7, 2023 by Ben Thompson

    Virgin Atlantic achieves first commercial fossil fuel-free trans-Atlantic flight using Sustainable Aviation Fuel (SAF). Richard Branson optimistic, but challenges in SAF production remain.

  • US Warship Shoots Down Drones in Red Sea In Response to Distress Signals From Merchant Ships

    Last updated on December 7, 2023 by Ben Thompson

    The Houthi militants, backed by Iran, have carried out missile attacks in the Red Sea. The US is considering enhancing security measures for commercial ships in the region. USS Mason and USS Carney have intercepted drones launched from Houthi-controlled areas, heightening concerns. Some shipping companies are diverting vessels from the area due to security worries.

  • Global Merchandise Trade Rebounds But Still Risky Times Ahead

    Last updated on November 30, 2023 by Ben Thompson

    WTO's Goods Trade Barometer signals a rebound in global merchandise trade, led by automobile and electronic components sales. Despite this, uncertainty persists due to mixed economic indicators and geopolitical tensions. While some sectors show strong performance, others remain stagnant or face challenges, reflecting a complex global economic landscape.

  • Russia & China Ditch Western Currencies

    Last updated on November 23, 2023 by Ben Thompson

    Russia and China are shifting trade away from Western currencies, with 95% of transactions now in rubles and yuan due to Western sanctions. Bilateral trade projected to surpass $200 billion this year, creating opportunities for Chinese firms in various sectors.

  • NYK Line Cargo Ship Hijacked

    Last updated on November 23, 2023 by Ben Thompson

    The Houthi rebels in Yemen are designated as a terrorist organization by some countries, including the United States and Saudi Arabia, due to their actions involving violence, including attacks on civilian targets and shipping vessels.

  • Boom & Bust Times For Shipping Lines

    Last updated on November 16, 2023 by Ben Thompson

    The container shipping industry experienced unprecedented profits during the pandemic but now faces looming losses due to oversupply and decreased demand. Companies like Maersk predict significant downturns in financial health. To address these challenges, cost-cutting measures are being implemented, and investments in cleaner technologies are needed. Diversification strategies are also being pursued to mitigate market…

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Glossary of Shipping Terms

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Slack.com

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Export Manager's Guide to Remote Working

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Download a Proforma Invoice Template PDF

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Unit Load Device ULD Air Container Specifications

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