Maersk and Hapag-Lloyd Form New ‘Gemini Cooperation’ Operational Agreement
Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to
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Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to
By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on
By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they
The U.S. has confirmed new military strikes in Yemen ahead of another successful Houthi missile strike on a Greek-owned, Maltese-flagged bulk carrier and
The International Maritime Bureau (IMB) reported an increase in maritime piracy incidents in 2023, including the first successful Somali-based hijacking since
By Barry Parker (gCaptain) – When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always,
(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants
(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping
Both the G7 and the US-led military coalition have been unsuccessful in protecting trade in the Red Sea, Black Sea and other maritime regions. Is there a more
By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to
By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern
A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations
By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the
by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict
By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and
By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar
CAIRO (Reuters) – The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm
BEIRUT, Jan 14 (Reuters) – The Iran-backed Lebanese group Hezbollah said on Sunday U.S. actions in the Red Sea would harm the security of
By Idrees Ali (Reuters) – The Houthi movement threatened a “strong and effective response” after the United States carried out another strike
The Federal Maritime Commission (FMC) has announced an informal public hearing focussing the impact of conditions in the Red Sea and Gulf of Aden regions on
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