Mass disruption to global supply chains is forcing firms to rethink production and, in many cases, ‘reshore’ vast swathes of their business
The transport technology innovator is building a ‘digital freight network’ to automate every step of the shipping process
A host of technological, environmental and geopolitical challenges will test the resilience of the maritime sector over the coming decades
The deal marks the latest in a long line of mergers gripping the industry, and will see Cosco emerge as the world’s third largest shipping company
Indebted South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has been thrown a lifeline with a substantial $2.6bn bailout package
Indebted South Korean shipper Hanjin has won court approval to close its European business
Set adrift by tough government policies, one of South Korea’s ‘too big to fail’ conglomerates has done exactly that. Now, public scrutiny has turned towards other chaebols
The Baltic Dry Index, an indicator for economic growth, has fallen to its lowest level in almost three decades due to collapsing oil prices and an oversupply of ships