Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...
“While spot freight rates on the Asia-Europe routes have been softer of late and also on the Transpacific, positive sentiment ...
The Liberian-flagged crude oil tanker Chrysalis navigated through the Red Sea after the Houthis halted attacks on non-Israeli-linked ships. This marks a significant step towards stability in the ...
Suez Canal Authority Chairman Osama Rabie has indicated signs of stability returning to the Red Sea to shipping giant AP ...
French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.
The Houthis have turned extortion into a structured business, offering shipowners a 'customer-relations' email address to negotiate payments for safe passage ...
HANOI: Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, according to Vietnam’s Industry and Trade Ministry. The ministry urged Vietnamese exporters ...
Maersk’s GHG emissions increased by 7.5% in 2024, reaching 83.5 mn/t, primarily due to vessel re-routing around the Cape of Good Hope amid ongoing Red Sea disruptions, it said in its annual report, ...
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...
Container freight rates continue to fall but futures have rallied in expectation of a stronger-than-expected end to the year.