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Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on ...
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 ...
U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and British vessels. The pledge, which comes after more than a year of ...
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods in Europe in particular, an executive from port and freight operator DP World said as the impact on ...
The disruption is causing delays and driving up costs — at a time when the world has yet to vanquish a resurgence of […] The post Attacks on ships in the Red Sea are disrupting global trade.
Six of the 10 biggest container shipping companies — namely Maersk, MSC, Hapag-Lloyd, CMA CGM, ZIM and ONE — are largely or completely avoiding the Red Sea because of the threat from the ...
Shipping rates have tripled since October on Asia-to-Europe rates, according to S&P Global, which warned of a “global contagion” from the Red Sea disruptions. The risk is that shipping and ...
Maersk and CMA CGM have introduced new charges to transport goods along many of the world’s busiest shipping routes after re-directing their vessels away from the Red Sea because of attacks.