Red Sea reroutings

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

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

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

(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

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

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

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

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

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

(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

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