Search results
Results From The WOW.Com Content Network
OSLO (Reuters) -Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, A.P. Moller-Maersk said in ...
Oil prices were volatile Tuesday, jumping more than 2% earlier in the day on Red Sea tensions but later giving up those gains. U.S. crude was last down 82 cents, or 1.14%, to trade at $70.83 a barrel.
The Danish shipping company initially introduced a 48-hour pause in transits through the Red Sea starting Sunday in the wake of the weekend attack by Houthi militants on the Maersk Hangzhou.
Denmark's A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the Red Sea had extended beyond trade routes between the Far East and Europe to its entire global network.
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.
Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with ...
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 ...