Shipping

BERLIN, Jan 22 (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due

By Alex Longley, Sherry Su and Bill Lehane Jan 20, 2024 (Bloomberg) –The oil market is bracing for a weeks-long disruption to shipping in the

DUBAI, Jan 20 (Reuters) – Commanders from Iran’s Islamic Revolutionary Guards Corps (IRGC) and Lebanon’s Hezbollah group are on the ground

New footage posted online allegedly shows the moment an Iranian ballistic missile fired by the Houthi group struck a Greek-owned bulk carrier earlier this week

By Iain Marlow (Bloomberg) — US officials acknowledge that airstrikes against Houthi militants in Yemen won’t deter the group from attacks that have

Nine American maritime labor organizations, encompassing unions and trade associations, penned a letter to Gen. Jacqueline Van Ovost, Commander of the U.S.

Seafarers working on vessels connected to the United Kingdom and the United States sailing through the Red Sea are set to receive double pay due to increased

By Alex Longley (Bloomberg) — Houthi attacks on merchant shipping in and around the southern Red Sea are causing widespread disruption to global trade

The youngest crew member aboard a tanker seized by Iran last week is headed home, according to the ship’s manager. Greece-based Empire Navigation

LONDON, Jan 19 (Reuters) – The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply

With the ongoing Suez Canal diversions, container shipping costs are expected to rise as long as the risks to shipping remain. However, shipping industry

By Keira Wright and Áine Quinn (Bloomberg) — A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward

Höegh Autoliners ASA, a leading global provider in the deep-sea car transportation industry, has announced securing a new contract with a major East Asian car

The U.S. Department of Defense has confirmed a fifth round of military strikes against Houthi-controlled targets in Yemen. Meanwhile, the rebel group carried

By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port

(Bloomberg) — African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red

CAIRO, Jan 18 (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from

The U.S. has imposed new sanctions on a UAE-based shipping company operating eighteen vessels for transporting Russian crude oil above the $60 per barrel price

We’re getting our first look at damages caused by Houthi attacks on shipping. The Indian Navy released the below two image showing damage to the Marshall

The Iranian-backed Houthis have hit another US-owned bulk carrier in the Gulf of Aden after the Biden Administration re-designated the group as a