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
By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons
By Charlie Bartlett (The Loadstar) – The Saudi Arabian hub port of Jeddah is reporting a two-thirds drop in calls from the top ten carriers, as
New data has revealed a significant increase in the carbon emissions of the European Union’s (EU) marine shipping sector. According to Kayrros, a global
LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone
Danish shipping giant Maersk says it will continue to divert its containerships around the Cape of Good Hope due to the continued risk of Houthi attacks in the
By Colleen Goko (Bloomberg) — Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a surge in ship traffic
COPENHAGEN, Feb 27 (Reuters) – Maersk has warned of disruptions to container shipping via the Red Sea dragging into the second half of the year and of
MADRID, Feb 26 (Reuters) – The volume of goods moving through Spain’s top ports rose by as much as 25% in January as attacks on shipping in
By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built
The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential
By Jack Wittels (Bloomberg) — Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on
By Elizabeth Low (Bloomberg) — The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel
By Lisa Baertlein LOS ANGELES, Feb 14 (Reuters) – West Coast ports are seeing minimal impact from militant attacks and drought that are
HAMBURG, Feb 9 (Reuters) – More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern
By Christian Wienberg and Sanne Wass (Bloomberg) — A.P. Moller-Maersk A/S shares plunged after the shipping company said it expects renewed gloom in
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 8 (Reuters) – Maersk warned on Thursday that container shipping overcapacity would hit profits more than
By Sharon Cho (Bloomberg) — The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make
By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they
CANBERRA, Feb 5 (Reuters) – The Australian government said on Monday it had refused a request by a livestock exporter to send a ship carrying around
By Phil Stewart, Idrees Ali, Mohammed Ghobari and Timour Azhari WASHINGTON/ADEN/BAGHDAD, Feb 4 (Reuters) – The United States intends to launch further
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