Shipping investors love trade disruptions, which generally boost freight rates. The mass diversions of container ships around the Cape of Good Hope are cheered by container shipping stock investors ...
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 ...
The continued escalation of the Red Sea crisis is still affecting Asia-Europe shipping, with some even fearing a return to container shortages. But Chinese logistics companies and experts said that ...
HOUTHI attacks on commercial vessels in the Red Sea led to a 90 per cent decline in container shipping through the area between December 2023 and February 2024, US intelligence officials said in their ...
Houthi militants claimed to have attacked another merchant ship in the Red Sea, serving as a reminder of the threat they pose to a vital trade artery. The Houthis’ armed forces’ spokesman said in a ...
As global shipping giants are forced to divert container ships via the Cape of Good Hope at the southern tip of Africa in the wake of attacks by the Houthi militants in the Red Sea, shipping prices ...