Red Sea reroutings


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: 1527

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: 2380

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: 1413

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: 4587

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: 1315

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: 1239

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: 4567

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: 4521

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: 2302

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: 1674

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: 410

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: 1668

Friday, April 26, 2024
smoke pollution coming from a container ship
Shipping

Red Sea Reroutings Drive Up Liners’ CO2 Emissions

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

April 26, 2024
Total Views: 835

Friday, April 19, 2024
Houthi stand on beach after ship attack
Shipping

EU Maritime Emissions Surge Amid Red Sea Diversions

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

April 19, 2024
Total Views: 996

Tuesday, April 16, 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

Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge

LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone

April 16, 2024
Total Views: 1032

Friday, March 22, 2024
FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Shipping

Maersk Says Red Sea Still Too Risky to Justify Return

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

March 22, 2024
Total Views: 1280

Thursday, March 14, 2024
Port of Durban south africa.File photo: Shutterstock/michaeljung
Ports

Inefficient African Ports See Diverted Red Sea Traffic Slipping Away

By Colleen Goko (Bloomberg) — Africa’s inefficient and aging ports are hampering the continent’s chances of capitalizing on a surge in ship traffic

March 14, 2024
Total Views: 4477

Tuesday, February 27, 2024
FILE PHOTO: Crew members look out from the MV Maersk Mc-Kinney Moller as it berths at a PSA International port terminal in Singapore,
Shipping

Maersk Warns Red Sea Disruptions Could Last Into Second Half of Year

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

February 27, 2024
Total Views: 2374

Monday, February 26, 2024
Spain’s Ports See Goods Traffic Rise as Red Sea Crisis Continues
Shipping

Spain’s Ports See Goods Traffic Rise as Red Sea Crisis Continues

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

February 26, 2024
Total Views: 1484

Sunday, February 25, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipbuilding

Shortage Of Oil Tankers At Hand As Red Sea Attacks Divert Trade

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

February 25, 2024
Total Views: 4319