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Red Sea reroutings


Thursday, February 8, 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’s Profit Warning Amid Shipping Overcapacity and Red Sea Disruptions

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 8 (Reuters) – Maersk warned on Thursday that container shipping overcapacity would hit profits more than

February 8, 2024
Total Views: 1275

Monday, February 5, 2024
tanker deck
Shipping

Red Sea Chaos Causing Global Oil Buyers to Shop Local

By Sharon Cho (Bloomberg) — The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make

February 5, 2024
Total Views: 3357

Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

Freight Rates Begin to Settle as Shippers Adjust to Cape Diversions

By Mike Wackett (The Loadstar) – Asia-North Europe shippers have adapted their supply chains to the longer transit times around Africa, but now they

February 5, 2024
Total Views: 1689

Livestock carrier Al Kuwait at Freemantle Port
Shipping

Australia Stops Ship Carrying Livestock From Sailing Around Africa to Israel

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

February 5, 2024
Total Views: 22616

Sunday, February 4, 2024
A fighter jet is launched from the U.S. Navy aircraft carrier USS Dwight D. Eisenhower against what they describe as Houthi military targets in Yemen. Handout via REUTERS.
Defense

US Intends Further Strikes On Iran-Backed Groups

By Phil Stewart, Idrees Ali, Mohammed Ghobari and Timour Azhari WASHINGTON/ADEN/BAGHDAD, Feb 4 (Reuters) – The United States intends to launch further

February 4, 2024
Total Views: 1201

Saturday, February 3, 2024
Aerial shot of big Jebel Ali container port
Shipping

Red Sea Attacks Force Firms To Test New Land Routes Via UAE, Saudi

By Alisa Odenheimer and Brendan Murray (Bloomberg) –An Israeli software startup and one of the world’s biggest shipping lines are among companies

February 3, 2024
Total Views: 7234

Friday, February 2, 2024
A French Navy warship escorts a CMA CGM containership in the Red Sea. Photo courtesy French Forces
Shipping

CMA CGM Suspends Red Sea Transits, Sources Say

PARIS, Feb 2 (Reuters) – Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the Bab al-Mandab

February 2, 2024
Total Views: 3885

Monday, January 29, 2024
Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
Shipping

Houthi Hit on Russian Fuel Has Traders Recalculating Risks

(Bloomberg) — A missile attack on Friday on a tanker taking Russian fuel through the Gulf of Aden may prove to be a defining moment for an oil

January 29, 2024
Total Views: 31766

Friday, January 26, 2024
The Indian Navy approaches the M/V Lila Norfolk in the Indian Ocean, January 5, 2023. Photo courtesy Indian Navy
Shipping

Amid Red Sea Crisis, Ships Now Face Rise in Somali Piracy

(Bloomberg) — Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in

January 26, 2024
Total Views: 8221

A Yemeni Coast Guard boat sails near the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, off the coast of al-Salif, Yemen, December 5, 2023.
Shipping

China Presses Iran to Rein in Houthi Attacks on Shipping

By Parisa Hafezi and Andrew Hayley DUBAI, Jan 26 (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships

January 26, 2024
Total Views: 1184

Thursday, January 25, 2024
LNG terminal in Barcelona, Spain
Shipping

Qatar Notifies Spanish Utility of LNG Shipping Delay

By Marwa Rashad and Pietro Lombardi LONDON/MADRID, Jan 25 (Reuters) – Qatar, one of the world’s largest liquefied natural gas (LNG) exporters,

January 25, 2024
Total Views: 3472

bulk carrier at sea
Shipping

Red Sea Attacks Push BHP to Divert Some Bulk Shipments Around Africa

Jan 25 (Reuters) – Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service

January 25, 2024
Total Views: 1195

Wednesday, January 24, 2024
File photo of an LNG carrier in the Suez Canal
Shipping

Qatar Delays LNG Cargoes to South Europe Amid Red Sea Crisis

(Bloomberg) — Qatar, one of the world’s biggest liquefied natural gas exporters, is delaying some shipments to Europe as the crisis in the Red Sea

January 24, 2024
Total Views: 1914

Tuesday, January 23, 2024
Satellite View of Saudi Arabia and north eastern Africa. Egypt, Sudan, Ethiopia, The Gulf of Suez, the Dead Sea, Gulf of Aden, Persian Gulf and Gulf of Oman. Elements of this image furnished by NASA.
Shipping

‘World’s Most Ambitious’ Trade Route Stalls in Middle East Turmoil

(Bloomberg) — A far-reaching plan to channel Europe–Asia trade through the Middle East is at risk of stalling before it even gets started. The

January 23, 2024
Total Views: 2525

container ship
Shipping

What Does Red Sea Disruption Mean for Europe’s Economy?

Jan 23 (Reuters) – Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted

January 23, 2024
Total Views: 2172

Monday, January 22, 2024
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

Red Sea Crisis Pressures China’s Exporters

SHANGHAI/BEIJING, Jan 19 (Reuters) – For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his

January 22, 2024
Total Views: 6519

Shipping containers belonging to German transportation firm Hapag-Lloyd are seen stacked at a port in Singapore
Shipping

Hapag-Lloyd to Offer Land Bridge Option Through Saudi Arabia

BERLIN, Jan 22 (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due

January 22, 2024
Total Views: 2349

Friday, January 19, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

Europe, Africa Crude Market Tightens on Red Sea Disruptions, China Demand

LONDON, Jan 19 (Reuters) – The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply

January 19, 2024
Total Views: 1474

Aerial top view of a ship at sea
Shipping

Suez Canal Diversions: Drewry Assesses Impact on Container Shipping

With the ongoing Suez Canal diversions, container shipping costs are expected to rise as long as the risks to shipping remain. However, shipping industry

January 19, 2024
Total Views: 4896

Thursday, January 18, 2024
containership ship bunkering
Shipping

African Ports See Higher Refueling Demand as Vessels Round Cape

(Bloomberg) — African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red

January 18, 2024
Total Views: 1838
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