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Red Sea Attacks – Maersk/BP Pausing Shipments

Logistics Business Magazine

For example , the Danish shipping company Maersk has said it is pausing all journeys through the Red Sea. The maritime industry often operates on extended timelines due to the nature of shipping contracts and the time it takes for vessels to move across oceans.

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Types of Risks Impacting Supply Chains in 2018

Material Handling and Logistics

These events also caused supply chain disruptions — although not all the effects may have been fully realized yet,” he said. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains. Economic situation can cause product or labor shortages.

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Creating a Green Marine Supply Chain

Logistics Viewpoints

Plus, extreme weather events and changing storm patterns challenge seafaring vessels. To take the damaging effects of marine vessels into account, the International Maritime Organization (IMO) reduced their allowable sulphur fuel emissions to just 0.5% Maritime traffic. from originally 3.5% as of January 1, 2020 [3].

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Decarbonise UK Freight Transport Sector

Logistics Business Magazine

The end of project report released today by the Decarbonising UK Freight Transport (DUKFT) Network, suggest several ways to overcome the chicken-and-egg problems associated with decarbonising road, rail and maritime freight transport.

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Vessel Accidents Have Increased, Are You Prepared?

CH Robinson Logistics

Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. For example, a recent maritime accident in December 2020 resulted in freight being held in Japan. Consider purchasing maritime insurance. Develop a resilient supply chain strategy.

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Navigating a Lost Bill of Lading (BOL) with Courier Companies in International Trade

MTS Logistics

million per event. Statistics and Examples 1. By understanding the statistical significance of supply chain disruptions and the potential risks and costs involved, businesses can adopt proactive measures and comprehensive risk management strategies to preserve the integrity of commercial transactions. million per incident.

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European Shipowners on Greenhouse Gas Emissions

247 Customs Broker

The European shipowners together with MEP Wim Van de Camp yesterday organised a seminar in the European Parliament to discuss the International Maritime Organization (IMO) initial Greenhouse Gas (GHG) emissions reduction strategy for shipping. . . Now is the time to scale up”. .