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red sea diversions


Thursday, January 2, 2025
French frigate escort. Photo: EUNAVFOR
Shipping

Red Sea Diversions Helped Container Shipping Dodge Overcapacity Crisis

The container shipping industry dodged a potential overcapacity crisis in 2024, thanks to an unexpected savior: the Red Sea crisis that forced vessels to take

January 2, 2025
Total Views: 3567

Thursday, December 26, 2024
Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
Shipping

Red Sea Diversions Cost Egypt $7 Billion in Lost Canal Revenue

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s

December 26, 2024
Total Views: 810

Monday, December 2, 2024
The newest ultra large container ship Manila Express of Hapag-Lloyd with container cranes at the Burchardkai in the in the Port of Hamburg
Shipping

Hapag-Lloyd Expects Lower Profitability in Fourth Quarter

Hapag-Lloyd expects lower profitability in the fourth quarter but still at a "good level", after freight rates peaked in the third quarter, Rolf Habben

December 2, 2024
Total Views: 458

Thursday, November 14, 2024
French frigate escort. Photo: EUNAVFOR
Shipping

CMA CGM Bends to Customer Pressure, Re-Routes INDAMEX Service Back Around Cape

Pressure from customers has apparently caused French mainline operator CMA CGM to u-turn on plans to operate its INDAMEX (Indian Subcontinent-US East Coast)

November 14, 2024
Total Views: 821

Tuesday, October 29, 2024
German navy ship at dock flying flags
Navy

Red Sea Is Now So Dangerous Even NATO Warships Are Avoiding It

by John Konrad (gCaptain) The Red Sea, one of the world’s busiest and most strategically vital waterways, has become so hazardous that even the German Navy

October 29, 2024
Total Views: 10683

Tuesday, October 15, 2024
A warship with the EU's Operation Aspides escorts a tanker and cargo ship sail through the Southern Red Sea. Photo courtesy Operation Aspides
Shipping

Red Sea Shipping Crisis: Oil Flows Through Bab el-Mandeb Plummets By Over Half in 2024

The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the

October 15, 2024
Total Views: 1812
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