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Red Sea reroutings


Thursday, July 25, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

4 hours ago
Total Views: 616

Monday, July 22, 2024
containership
Shipping

Shipping’s Carbon Emissions Soar as Houthi Attacks Fuel Longer Voyages

(Bloomberg) — Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid

July 22, 2024
Total Views: 865

Wednesday, July 10, 2024
A containership docking at the Port of Cape Town
Shipping

Severe Weather Halts Container Shipping at Cape of Good Hope

Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research.

July 10, 2024
Total Views: 5294

Monday, July 8, 2024
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk CEO Warns of Prolonged Challenges Due to Red Sea Disruptions

Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and

July 8, 2024
Total Views: 3391

Wednesday, June 26, 2024
Aerial view of Deep water port with cargo ship and container Singapore
Shipping

Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks

SEOUL/SINGAPORE, June 26 (Reuters) – Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of

June 26, 2024
Total Views: 1274

Monday, June 24, 2024
Aerial top view of a containership underway
Shipping

Container Transit Times Soar as Red Sea Crisis Continues Unabated

The escalating conflict in the Red Sea region has disrupted international shipping routes, contributing to significantly higher transit times for the container

June 24, 2024
Total Views: 2936

Friday, June 21, 2024
Port of Singapore
Shipping

Singapore Port Logjam Lingers as Container Ships Keep Piling In

By Yongchang Chin (Bloomberg) — The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the

June 21, 2024
Total Views: 2132

Thursday, June 20, 2024
Port of Singapore
Ports

Transhipment Hubs Hit Hard By Red Sea Reroutings

Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating

June 20, 2024
Total Views: 2438

Wednesday, June 19, 2024
French frigate escort. Photo: EUNAVFOR
Shipping

Shipping Selloff Shows ‘Inverse Correlation’ Between Liner Profits and War in Gaza

By Charlie Bartlett (The Loadstar) – Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after

June 19, 2024
Total Views: 1460

Monday, June 17, 2024
French frigate escort. Photo: EUNAVFOR
Shipping

Industry Mixed on Duration of Prolonged Red Sea Crisis

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

June 17, 2024
Total Views: 2275

Wednesday, June 12, 2024
An EUNAVFOR warship escorts a merchant vessel in the Red Sea
Shipping

Frontline CEO Sees Ships Avoiding Red Sea Even With a Ceasefire

By Alex Longley (Bloomberg) — It’s “naive” to assume merchant vessels will start sailing through the Red Sea again if there’s an agreement to

June 12, 2024
Total Views: 1322

Tuesday, June 11, 2024
The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
Shipping

Cape of Good Hope Oil Trade Surges as Tankers Reroute

Crude oil and oil product flows around the Cape of Good Hope increased by nearly 50% in the first five months of 2024 compared to last year’s average as

June 11, 2024
Total Views: 4426

Friday, June 7, 2024
container ship
Shipping

Are Geopolitical Conflicts Push Shipping Towards a Golden Era?

(Bloomberg) — If there was a universal theme at the parties, presentations and meetings in the world’s shipping capital Athens this week, it’s that

June 7, 2024
Total Views: 1219

Wednesday, June 5, 2024
A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
Shipping

Singapore Bunker Fuel Sales Surge as Ships Bypass the Red Sea

Bunker fuel sales in Singapore have reached record highs as ships take longer routes around the southern tip of Africa to avoid the Red Sea, the U.S. Energy

June 5, 2024
Total Views: 1136

Monday, June 3, 2024
maersk ship
Shipping

Maersk Raises Guidance Amid Worsening Port Congestion and Rising Freight Rates

A.P. Moller-Maersk A/S (APMM) sees worsening port congestion, especially in the Middle East and Asia, and further increases in container freight rates thanks

June 3, 2024
Total Views: 4392

Sunday, June 2, 2024
An EUNAVFOR warship escorts a merchant vessel in the Red Sea
Shipping

Ships Diverted From Red Sea Send Ripple Effects Across The Globe

By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last

June 2, 2024
Total Views: 4411

Friday, May 31, 2024
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Red Sea Diversions, Tariff Risks Send Ocean Shipping Soaring

By Lisa Baertlein LOS ANGELES, May 31 (Reuters) – Spiking ocean shipping rates, vessel backups at seaports and empty container

May 31, 2024
Total Views: 2178

Thursday, May 23, 2024
Chinese container ship NewNew Polar Bear in a convoy on the Northern Sea Route during an eastbound voyage in October 2023. (Source: Rosatomflot)
Shipping

Climate Change and Red Sea Turmoil to Boost Arctic Shipping

By Malte Humpert (gCaptain) – The waters of Russia’s Northern Sea Route – a seasonal shortcut between Europe and Asia – look set to welcome

May 23, 2024
Total Views: 1547

Thursday, May 16, 2024
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
Shipping

Red Sea Disruption Is Splitting Global LNG Trade in Regions

(Bloomberg) — It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea

May 16, 2024
Total Views: 331

Monday, April 29, 2024
cargo ship emissions
Shipping

Red Sea Diversions Spew Carbon Emissions Equal to 9 Million Cars

By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons

April 29, 2024
Total Views: 1511
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