Red Sea reroutings

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

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