The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks. But those days are coming to an end, and the scramble is made all the more urgent as Germany’s government fails to …
Insurtech Loadsure announced the launch of digital ocean cargo and stock throughput insurance products: “Danube – Dynamic Ocean Cargo Insurance” and “Huron.” Loadsure described the products as “powerful tools for brokers, who will be able to quote cost-effective annual cover …
Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or systems unless a payment is made …
Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according to a report published by Allianz Global Corporate & Speciality …
Major oil and container ports have shut in India as a severe cyclone tracks toward the nation’s west coast near Pakistan. Adani Group’s flagship Mundra operation, India’s busiest container harbor, the oil ports of Vadinar and Sikka, as well as …
Kojima Industries Corp. is a small company and little-known outside Japan, where it produces cup holders, USB sockets and door pockets for car interiors. But its modest role in the automotive supply chain is a critical one. And when the …
Taiwanese Apple Inc. supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down. The …
Shipping group Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused by the incident. The …
Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with China, while a growing number reported being impacted by those strains. China, which …
Taiwan’s financial institutions reduced their China exposure to a record low amid economic and political uncertainties, according to its top financial regulator. Total exposure to China at Taiwanese banks, insurers and securities firms have dropped by 20% from a year …
