The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out further ...
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Sourcing Journal on MSNRed Sea Risks Re-Escalate as US Hits Houthis with AirstrikesAs the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little incentive to traverse the Red Sea.
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
Sales of marine fuel at top global refuelling ports are slowing at the start of this year as the shipping sector grapples with uncertainty over geopolitics and the impact of escalating tariffs on ...
Hapag-Lloyd has acquired a majority stake in a big container terminal in northern France. The German liner operator’s ...
Sudan’s conflict didn’t break out because of the UAE and Saudi Arabia – but local actors felt able to go to war because of ...
The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in one of the world’s busiest maritime corridors.
China has built up economic and military ties across the Indian Ocean. The region holds 40% of the world’s offshore oil and ...
Egypt’s foreign minister said Monday that Yemen’s stability is important for security in the region and the Red Sea. Speaking during a meeting in Cairo with Yemeni Foreign Minister Shaya ...
Restoring access to the Red Sea is a burning ambition for Ethiopian Prime Minister Abiy Ahmed, who told parliament in 2023: “Ethiopia is a nation whose existence is tied to the Red Sea” (archived here ...
It was a special day for ferry operator DFDS as the Red Ensign was raised on board the Jersey-bound fastcraft Tarifa Jet as ...
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Emirates News Agency on MSNAD Ports Group prepares to receive Panamax cranes for new terminal in EgyptAD Ports Group today announced it was preparing to receive three new state-of-the-art Panamax cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC), ordered for the Group's new multipurpose ...
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