Maersk to go green early as new fuel options speed up transition
A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, will reach its goal of becoming carbon neutral ahead of a 2050 deadline because the…
Dense fog forces Moscow to delay most flights in over a decade
Dense fog wreaked havoc at Moscow’s three major airports, forcing the delay or cancellation of over 200 flights on Tuesday.
BP says oil demand is back above 100 million barrels a day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day…
Italy’s factories outperform most European peers on supply shock
Italy’s manufacturing sector saw more rapid expansion last month, bucking the general weakening trend in the region as Prime Minister Mario Draghi tries to spur…
Maersk sees global shipping markets staying tight into 2022
A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously…
France pulls back in Brexit fish row, gives talks more time
President Emmanuel Macron backed away from his imminent threat to punish the U.K. for restricting the access of French fishing boats to British waters, saying…
Ships queues worsen port delays from Singapore to Piraeus
The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.
Supply chain crisis risks taking the global economy down with it
New Bloomberg Economics gauges show the extent of the global supply shortages that are pushing prices higher and putting economic recoveries at risk.
Sinking auto steel demand reveals cracks in robust U.S. market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders…
Wheat closes at highest since 2012 as food inflation fears grow
Benchmark wheat in Chicago climbed above $8 a bushel for the first time in almost nine years as importers boost purchases amid adverse weather conditions…
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![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
