shipping

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Open by 2050: North Pole Shipping Lanes

 Open by 2050: 
 Shipping Lanes 
 in North Pole 
in case you missed it

Open by 2050: Shipping Lanes in North Pole

Climate change opening up China-Europe shortcut

(Newser) - Climate change has got its upside if you happen to own a shipping company. Researchers say that by 2050, the Arctic ice sheet will be weak enough for cargo ships to take the northern route between the Atlantic and Pacific oceans without the aid of icebreakers, the Guardian reports. Ships...

China Takes Over Key Pakistan Port

India alarmed by string of Chinese ports

(Newser) - China has taken over management of a major port in Pakistan in a move that gives it a potential naval base close to the Strait of Hormuz, reports Reuters . China paid most of the $248 million used to build the port of Gwadar on the Arabian Sea, aiming to slash...

FedEx Expects Big Holiday Season

Prediction seen as a positive sign for the economy

(Newser) - FedEx is expecting to ship 280 million packages between Thanksgiving and Christmas this year, a 13% improvement on last year's figures that means the Memphis-based company will hire 20,000 additional workers to handle the surge. FedEx attributed its growing shipment figures to the ever-increasing popularity of online shopping,...

Mississippi River Drying Up
 Mississippi River Drying Up  

Mississippi River Drying Up

Shipping industry shivers at the thought

(Newser) - The worst US drought in 50 years is making the mighty Mississippi River dry up and could curb shipping there altogether, reports Time . Dry conditions mean narrower, shallower passageways, so shippers are lightening their loads to avoid running aground. That could be huge, because 60% of the country's grain...

Ship Accidents Knock Countries Offline

Anchors cut undersea cables

(Newser) - At least nine countries have suffered telecom outages this month, following a pair of accidents in which ships severed essential undersea cables, the Wall Street Journal reports. In the most recent incident this weekend, a ship dragging its anchor off the coast of Kenya caught on and destroyed a fiber-optic...

Occupy Protest Partly Shuts Down Ports

Demonstrations hit California, Oregon, and Washington

(Newser) - Hundreds of Occupy Wall Street protesters turned out today for a demonstration that succeeded in partially shutting down some of the West Coast's busiest ports. Authorities closed two terminals in Portland after arresting two people with weapons who claimed to be heading for the protest, the AP reports, while...

Post Office to Slow Mail, Kill Next-Day Letter Delivery

Half of USPS mail processing centers to shut down this spring

(Newser) - Get ready to wait an extra day for the next DVD of The Wire: The mail is going to slow down. As part of its plan to save $3 billion, the cash-challenged US Postal Service will be closing roughly half of its 500 mail processing centers as soon as next...

Pirate Hostages Plead for Help in YouTube Video

Danes, Filipinos urge ship's owner to secure their freedom

(Newser) - A shipping industry group has released a harrowing video of Danish and Filipino seamen being held hostage by Somali pirates. The men, who were seized when pirates hijacked a Danish cargo ship in January, plead for their freedom in the video, which Save Our Seafarers says it uploaded to YouTube...

Flooding Closes Panama Canal
Flooding Closes
Panama Canal

Flooding Closes Panama Canal

Canal shut for 3rd time in 96 years

(Newser) - Flooding has forced authorities to close the Panama Canal for only the third time since it opened in 1914. Officials say they hope to have the waterway, a conduit for close to 5% of all world trade, back open sometime today, CNN reports. The canal was shut down during the...

Walmart Rolls Out Free Shipping

No minimum purchase. Online retailers gulp.

(Newser) - Walmart just got cheaper: The retail giant today rolls out free shipping on its website with no minimum purchase, reports the New York Times. With cost-conscious consumers 55% somewhat likely to back out of a purchase if they have to pay for shipping, the move puts a ton of pressure...

19 Chinese Pirate Hostages Head Home After 4 Months

Captive sailors were fed nothing but spuds after June hijacking

(Newser) - Nineteen Chinese sailors have arrived back in their homeland after 4 months in harsh conditions as captives of Somali pirates. The men were fed nothing but boiled potatoes since the Golden Blessing was hijacked in June, AP reports. Pirates released the men and the ship after receiving a ransom from...

US Knew of, Didn't Close Air Cargo Security Gaps

Shipping lobby too worried about costs, delays

(Newser) - The US knew for decades that terrorists could easily sneak a bomb into the global cargo system, yet didn't act because of pressure from shipping companies worried that a tighter security net would cost too much and cause too many delays. One shipping lobby has in fact spent some $60...

Iran Skirts Sanctions With Ships Shell Game

US struggling to keep up with shipping dodges

(Newser) - As the UN prepares to vote on fresh sanctions against Iran, a New York Times investigation finds that the Islamic republic has evaded sanctions with an elaborate scheme of renaming ships and selling them to shell companies. Irisl, Iran's state-owned shipping firm, has sold off most of its fleet to...

Tanker in Danger of Breaking Up on Great Barrier Reef

Chinese coal-hauler was 9 miles outside shipping lane

(Newser) - A coal-laden ship that ran aground at full speed some 9 miles outside a shipping lane in protected waters was leaking oil on Australia's Great Barrier Reef and in danger of breaking apart, officials said today. Authorities fear an oil spill will damage the world's largest coral reef, which is...

Bickering Pirates Shoot Each Other Over $7M Ransom

Somalis had called on antipiracy force to fend off rivals

(Newser) - At least three Somali pirates have been killed fighting over the biggest ransom in the history of piracy. A gun battle broke in out the pirate haven of Harardhere last night after a record $7 million was paid to secure the release of the Greek supertanker Maran Centaurus, its $150...

Ships Take Up Arms Against Pirates
 Ships Take Up Arms 
 Against Pirates 
AHOY, MATEY

Ships Take Up Arms Against Pirates

Maritime tradition fades amid rise in attacks

(Newser) - The maritime tradition of commercial shipping going unarmed is being abandoned in the face of the threat from Somali pirates. Shipping firms are hiring teams of guards—from $25,000 up—for the passage through the Gulf of Aden. Insurers are offering steep discounts to ships packing heat and security...

Wal-Mart Fights Amazon With Free Pickup at Stores

40% of online shoppers avoid shipping costs

(Newser) - Wal-Mart’s finally putting a dent in Amazon’s e-tailing dominance, thanks, ironically, to its ubiquitous brick-and-mortar outlets. Wal-Mart now allows online shoppers to pick up their goods at the physical store of their choice, avoiding paying shipping. It’s an old concept, but Wal-Mart’s got the stores to...

Icebergs Drift Toward New Zealand

Over 100 floating chunks headed north from Antarctica

(Newser) - A rare flotilla of icebergs is slowly drifting toward New Zealand from Antarctica. Shippers have been warned that more than 100 giant chunks of ice are in the area. Experts believe most of the icebergs will break up before they hit the coast. Enterprising Kiwis are arranging helicopter tours to...

Holiday Shipping Costs Get the Heave-Ho-Ho

Charges ditched as online competition heats up

(Newser) - Free shipping is quickly becoming the rule instead of a bonus as online and catalog retailers seek to lure holiday shoppers. Many shoppers searching for deals now abandon Internet shopping sites as soon as they find they must pay shipping costs, analysts are finding. Some 57% of retailers are offering...

Informant: Italian Mafia Sank Ship Carrying Nuke Waste

Authorities have pinpointed ship, but haven't confirmed contents

(Newser) - Italian authorities are investigating an informant’s claim that the mafia sank a ship containing nuclear waste off the country’s southwest coast, the BBC reports. Underwater cameras show the ship intact, with barrels nearby marked as containing toxic contents; the informant says that organized crime has gotten into the...

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