Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow ...
Container freight rates continue to fall but futures have rallied in expectation of a stronger-than-expected end to the year.
The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of ...
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Maersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US President Donald Trump’s ...
Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in ...
Maersk on Thursday said it expects to grow its business to track an expected 4% growth in container shipping this year, even ...
Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...