Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint
Yemen's Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could
Yemen's Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could
Oil and gas prices surged as Israeli and U.S. strikes on Iran disrupted Middle East facilities and shipping through the Strait of Hormuz. Four tankers damaged,
Oil and gas tankers are avoiding the Strait of Hormuz after ships received radio broadcasts purporting to ban transit following US-Israel strikes on Iran. A
The Kremlin said on Monday that a Ukrainian weekend attack on Caspian Pipeline Consortium (CPC) infrastructure was outrageous given its international
When Sun Xiushun began to travel to Guinea just over a decade ago, he was an unknown shipowner desperate to stay in the aluminum game. He found the West
State-owned Shipping Corp. of India, the country’s largest shipping line, is working on a plan to purchase 26 India-made ships for 198.2 billion rupees ($2.3
European shipping has emerged as a crucial geopolitical asset for the European Union, controlling 35% of the world’s fleet despite the EU representing
(Bloomberg) — China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its importance in the
By Jorge Valero Jul 29, 2023 (Bloomberg) — Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both
PANAMA CITY, June 27 (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent
By Elida Moreno PANAMA CITY, June 21 (Reuters) – The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of
By Mike Wackett (The Loadstar) – Asia-North European carriers are being obliged to discount rates at the time of year – the build-up to the peak
(Bloomberg) — Most container ships through the biggest import gateway in the US face delays as labor-related disruptions widen on the West Coast and
(Bloomberg) — The biggest shipping gateways on the US West Coast are enduring the longest labor-related disruptions since 2015 as talks between port
(Bloomberg) — Mercuria Energy Group’s ship-fueling business Minerva Bunkering started deliveries in Egypt, becoming the first international service to
LONDON, May 25 (Reuters) – Global freight volumes show signs of having bottomed out in the first quarter, signalling the industrial cycle may
By Sophie Caronello Mar 19, 2023(Bloomberg) –Here are some notable charts to monitor in commodities markets over the coming days. Oil & Gas Oil
PARIS, Sept 2 (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as
June 19, 2022–DP World and the Saudi Ports Authority (Mawani) today announced the signing of a 30-year agreement with an investment value of more than
By Elizabeth Elkin, Allison Smith and Sybilla Gross Mar 13, 2022,(Bloomberg) –The global food system is under threat as Russia’s invasion of
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