The Suez Canal is exploring ways to pursue container lines to return to canal transits, emphasising the calmness in the Red Sea region. The Suez Canal Authority (SCA) will intensify discussions with ...
COPENHAGEN, Jan 4 (Reuters) - Denmark's Maersk (MAERSKb.CO), opens new tab said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez ...
A Houthi letter says their Red Sea campaign has ended, raising hopes of a full return of shipping through the route.
Maersk announced Friday that it will suspend all shipping through the Red Sea for the “foreseeable future” because of the threat of attacks on vessels using the vital maritime trading route. The move ...
SINGAPORE, May 10 (Reuters) - Global container shipping firms are passing on record bunker fuel costs to retailers, manufacturers and other clients reliant on vessels for exporting their goods, an ...
Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund. The Red Sea is an important shipping conduit for the ...
The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
For shippers and forwarders across Europe, the Q3 results point to a market that is becoming more operationally reliable but ...
Container shipping rates from Asia to Europe rose for a seventh straight week, reflecting tighter capacity as more vessels avoid the threat of attacks in the Red Sea and take the long way around ...
Chinese state-owned company COSCO Shipping has launched what it calls the “world’s largest” river-to-sea electric container ship. The Green Water 01 is a 10,000-ton+ fully electric vessel that sets a ...
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