Red Sea rerouting causing Asian port congestion seatrade-maritime.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seatrade-maritime.com Daily Mail and Mail on Sunday newspapers.
Biden promise to rival China on shipbuilding faces a big economic problem | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
New data from Xeneta reveals an eye-popping increase in emissions as a result of the Red Sea diversion. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI) shows carbon emissions increased by 63% in Q1 2024 compared to Q4 2023 with regard to containers being shipped via ocean from the Far East to the Mediterranean.
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.