There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...
Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
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 ...
Shipping companies expressed caution about any quick return to the Red Sea route ... of vessels by the Iran-backed group has led to rerouting around South Africa that adds thousands of miles ...
Container freight rates continue to fall but futures have rallied in expectation of a stronger-than-expected end to the year.
At least three vessels carrying liquefied natural gas (LNG) from Oman and Australia are heading west for delivery, with one ...
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 ...
“Re-routing from the Red Sea has tightened capacity amongst all shipping segments,” Jefferies wrote in a research report. “Suez Canal transits overall are down 56% from 2023.” The Houthis ...
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...
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, ...