The Red Sea crisis appears to be going nowhere any time soon. According to recent newsletter from Alphaliner, “most industry stakeholders [are] now banking on continued Cape of Good Hope diversions ...
[Stay on top of transportation news: Get TTNews in your inbox.] Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to ...
Supply chains have been making news again because of problems in two of the world’s most important shipping lanes: the Red Sea, where Yemen’s Houthi rebels have attacked shipping, and the Panama Canal ...
A return to the Red Sea for container shipping appears to be on thin ice. On Friday, Yemen’s Houthis gave Israel a four-day deadline to lift its blockade on humanitarian aid to the Gaza Strip. If ...
The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and ...
Some major shipping companies continue to steer clear of the Red Sea, even as others return following a new US-led security operation to safeguard the area — highlighting how fragile the situation ...
Global shipping rates are skyrocketing as the Iran-backed Houthi militants in Yemen step up their attacks on commercial shipping vessels in the Red Sea, a critical waterway for world trade. New data ...
Ocean freight container shipping spot rates are set to exceed the level seen at the height of the Red Sea crisis when the latest round of increases hit the market on June 1, according to the latest ...
Ocean shipping rates have gone way up in recent days, largely because Yemen’s Houthi rebels continue to attack ships in the Red Sea following the onset of the Israel-Hamas war. The U.S. has countered, ...
LITTLETON, Colorado, Jan 17 (Reuters) - The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel emissions as ships that are being rerouted away from the ...
Yemen’s Houthi rebels on Tuesday launched an attack on another commercial ship in the Red Sea, marking the latest escalation of aggression along shipping routes in the region, the rebel group ...
Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Longer ...