A key oil export terminal on Russia's Black Sea coastline has been damaged in a storm, potentially cutting off Kazakhstan's main oil export pipeline for months. The shutdown could take an additional one million barrels per day off the market - one percent of global production - at a time when supplies are already tight.

Washington, March 22, 2022 – The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up today by the Senate Commerce Committee, addresses none of the root causes of the U.S. landside congestion.

SOARING air cargo rates are making it possible for Finnair to reinstate long-haul passenger flights to Asia despite the added cost of detouring around Russia after the nation closed its airspace to Western airlines, reports New York's FreightWaves.

BRAZILIAN plane-maker Embraer is optimistic about China's booming aircargo market, with the company willing to support the sector's further progress in cooperation with local partners, reports Xinhua.

AMERICAN ULD maker Satco has opened a US$10 million air cargo safety research centre (ARC) for Unit Load Devices (ULD) featuring a fire safety test facility, reports London's Air Cargo News.

OCEAN carrier consolidation appears to be a major contributing factor for the substantial increase in shipping costs that began in the middle of 2020, according to RaboAgrifinance vice president research Roland Fumasi.

US CONGRESSIONAL moves to end "most favoured nation" trade relations with Russia hit a stumbling block over the procedures for re-establishing relations in future, reports Bloomberg.

THE US telecoms regulator has voted to revoke the authorisation for Chinese telecoms operator Pacific Networks to provide telecommunications services in the US, Reuters reports.

P&O Ferries, a leading ferry company in the UK, has fired 800 employees through a three-minute pre-recorded video, reports NBC News.

Hong Kong, [21] March 2022 – Pacific Basin Shipping Limited ("Pacific Basin" or the "Company", 2343.HK), one of the world's leading dry bulk shipping companies, has signed an agreement with the Ocean Technologies Group to implement its recently launched Ocean Learning Platform.

Logistics specialist extends its network in Europe and overseas, increasing net sales to 2.5 billion euros / Strong demand for e-commerce / 112 million euros invested in expanding locations / Continuing focus on digital services and green logistics

The world’s leading classification societies for the marine industry are returning to Posidonia this June, following the pandemic-induced hiatus, during which they have been mapping out the path to the International Maritime Organisation’s 2030 deadline, for an at least 40% reduction of shipping’s average carbon intensity (CO2 per tonne mile), compared to 2008.

International rail traffic continues / Shanghai-Duisburg currently in 18 days

Basel, March 16, 2022. The Group of European TransEurasia Operators and Forwarders (GETO) is concerned that the Ukraine conflict could have a negative impact on the Eurasian transit corridor. This could disrupt critical supply chains and eliminate thousands of jobs.

In response to Russia’s invasion of Ukraine, the seven other member states of the Arctic Council have hit a “pause” button on cooperation. Gas from the Russian Arctic, however, is continuing to flow into Europe uninterrupted. The political theater of halting Arctic Council diplomacy will have little effect on Russia. Yet it will negatively impact circumpolar efforts on environmental, Indigenous, scientific, health, and all manner of “soft” issues. In fact, work in these areas may now be harmed twice over.

The government of Ireland has turned down a request by a longshore union to refuse entry to a tanker carrying Russian petroleum.