red sea shipping

by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese

By Lisa Baertlein LOS ANGELES, (Reuters) – Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is

PARIS, Jan 5 (Reuters) – French shipping firm CMA CGM said on Friday it had not changed plans announced last month to gradually

by Dawit Endeshaw (Reuters) Landlocked Ethiopia signed an initial agreement with Somalia’s breakaway region of Somaliland on Monday to use its

By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson

LOS ANGELES, Dec 28 (Reuters) – Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other

By Terje Solsvik and Gus Trompiz OSLO/PARIS, Dec 22 (Reuters) – Some of the world’s largest shipping firms, including Maersk and CMA CGM, will

FRANKFURT/ATHENS, Dec 21 (Reuters) – German shipping company Hapag-Lloyd said on Thursday it was the latest company planning to avoid

DUBAI, Dec 20 (Reuters) – The leader of Yemen’s Houthis warned on Wednesday they would strike U.S. warships if the Iranian-backed militia was

By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption

(Bloomberg) — A chunk of global shipping is now avoiding the Red Sea after a run of attacks on vessels in the key waterway that is vital for the

U.S. Secretary of Defense Lloyd Austin has formally announced the initiation of multi-national security initiative, known as Operation Prosperity Guardian, as

By John Davison and Phil Stewart DUBAI/TEL AVIV, Dec 18 (Reuters) – Attacks by Yemen’s Iran-aligned Houthi militants on ships in the Red Sea are

LONDON, Dec 18 (Reuters) – London’s marine insurance market has widened the area in the Red Sea it deems as high risk after a surge in attacks on

By Rachel Graham (Bloomberg) BP said it will pause all its oil tanker shipments through the Red Sea following an escalation of attacks on merchant shipping by

By Brendan Murray Dec 16, 2023(Bloomberg) –MSC Mediterranean Shipping Co. SA, the world’s largest container line, joined competitors in

LONDON, Dec 15 (Reuters) – Shipping companies should use caution when deploying private armed guards onboard vessels sailing through the

By Alaric Nightingale (Bloomberg) — Maersk Tankers is to insist its fleet of fuel carriers have the option to avoid the Red Sea following an escalation

(Bloomberg) — The US is working with allies to create a multinational effort to protect ships passing through the Red Sea in an effort to stem a surge in

By Nadine Awadalla, Terje Solsvik and Phil Stewart DUBAI/OSLO Dec 12 (Reuters) – Yemen’s Houthis said on Tuesday they hit a Norwegian commercial