Middle East Conflict Dampens Fears of Container Sector Overcapacity
The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea
The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea
Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as
France is deploying about a dozen naval vessels, including its aircraft carrier strike group, to the Mediterranean, Red Sea and potentially the Strait of
France has reached out to the governments of Italy and Greece to coordinate efforts in the Eastern Mediterranean as tensions over the war in Iran flare, a
Russia’s Arctic LNG shadow fleet appears to be operating largely undeterred by escalating conflict in the Middle East, with at least seven tankers recently
Maersk orders eight 18,600-TEU dual-fuel containerships for 2029-2030 delivery, choosing operational flexibility over megaship scale despite recording its
A.P. Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating
Global container liners are bracing for lower profits in 2026 as the potential reopening of the Red Sea shipping route weighs on freight rates, exacerbating
Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in
After more than two years of avoiding the Red Sea, the world’s leading container lines are inching back to the vital lane for east-west trade and indicating
Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of
A.P. Moller-Maersk A/S has safely sailed another ship through the southern part of the Red Sea, its second successful attempt after most shipping lines have
Two vessels from CMA CGM, the world's third-largest container shipping line, have traveled through the Suez Canal, the authority that runs the waterway said
Danish shipping company Maersk MAERSKb.CO announced on Friday that one of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait for the
Europe-Asia shippers were today informed that a second Ocean Alliance service would resume Suez Canal transits on its backhaul leg to
Danish shipping company Maersk MAERSKb.CO said on Wednesday it had no specific timeline for when it would resume sailings through the Red Sea for its
The Dutch-flagged general cargo ship Minervagracht is on fire and drifting in the Gulf of Aden after an attack with an explosive device required the helicopter
Israel said it struck a military infrastructure site in its latest attack on Yemen's Houthi movement at the Red Sea port of Hodeidah on
By Susanne Barton Sep 6, 2025 (Bloomberg) –Microsoft Corp. said Saturday it’s no longer detecting issues with its Azure cloud platform after
Greece will deploy a salvage vessel in the Red Sea to assist in maritime accidents and protect seafarers and global shipping, the shipping minister said on
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