Showing posts with label container ships. Show all posts
Showing posts with label container ships. Show all posts

Tuesday, November 14, 2023

Globalization Puts The World On Your Plate

©iStock/urfinguss
Want an example of how globalization puts the world on your plate?

When people hear the word “globalization” they probably think of giant container ships, wonky economic terms like “offshoring” and “trade deficit,” or geopolitical tensions and agreements. And, to be sure, Cato’s Defending Globalization project covers all of that stuff and more. Yet, as we explain in a new essay for the project, there may be no better symbol of real globalization—and its many benefits—than the restaurant down the street.

Access the essay here.

Wednesday, July 14, 2021

Shipping Delays and High Freight Rates Hurt All Businesses, Especially Global Small Businesses

©iStock/MattGush
An average of 30 container ships a day have been stuck outside the Ports of Los Angeles and Long Beach just waiting to deliver their goods. The backlog is part of a global supply-chain mess spurred by the pandemic that means consumers could see delivery delays for weeks.

The net result?  Everybody loses, especially global small businesses. 

Friday, June 24, 2011

Betting On Global Trade Rebound

iStock/Thinkstock
If Maersk, the world's largest container-shipping line, is ordering ten huge container ships valued at $5.7 billion from South Korean Daewoo Shipbuilding and Marine Engineering Co. with a delivery date of 2014 -- that can only be good news for global traders!

Read more (NYTimes.com):
Maersk Line to Buy 10 New Ships, With an Option for 20 More

Wednesday, October 07, 2009

Let's Work Together to Invigorate SMB Exports!

iStock/Thinkstock
Who stands the best chance at boosting American exports? Small and medium-sized businesses (SMBs).
'Every team within our building will be involved in this effort to determine what we can do now to make our trade policies more effective in helping small and medium-sized businesses, as we are in assisting ... multinational corporations,' U.S. Trade Representative Ron Kirk told reporters.
Read more here.

Tuesday, January 27, 2009

Despite Economy, Ultra Large Ships Serve the World

iStock/Thinkstock
Thinking about moving all the contents out of your three-bedroom house and from one country to another? We know one of a handful of shipping lines you need to hire! No problem.

They have the capacity (more than ever right now due to tough times for global trade) to move 22,000 containers at a time. Yes, you read that right.

Read more here.