The German ship Beluga Fraternity will become the first to navigate the Arctic Circle from Siberia to western Europe this summer, according to Popular Science. If successful, the voyage will be the first such by an international commercial vessel.
BluDanuBlog
Learning to love global warming? German ship to cross Arctic
August 4th, 2009Shipping rates to rise
August 4th, 2009Purchasing.com reports that container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) cartel are planning rate increases from $120 to $200 per 20-foot container on US-to-Asia routes effective September 1. The move is an attempt to claw back recent rate declines in response to falling demand due to the global recession.