A temporary ceasefire has spurred some shipping lines, led by CMA CGM, to cautiously resume testing the Red Sea route […]
Tag: Red Sea
Houthi rebels sink Greek ship in Red Sea
A Houthi attack has sunk a Greek ship in the Red Sea, killing and kidnapping crew, marking a major escalation […]
Red Sea traffic rebounds by 60%
According to Reuters, traffic through the Red Sea has increased by 60% since August 2024, reaching around 36–37 ships per […]
Maersk raises 2024 outlook following “strong Q3 performance”
A.P. Moller-Maersk announced “strong business performance” in the third quarter, reporting growth across its business segments and financial results well […]
Record low shipping losses amid rising sector risks
Maritime safety is paramount, with up to 90% of global trade traversing oceans. Three decades ago, the international shipping industry […]
End of Red Sea crisis to reignite container shipping challenges
Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption regresses. Boxship […]
Shipping giant Maersk prepares to resume operations in Red Sea
Denmark’s Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, the company said […]
Major box carriers pause container ship traffic through Red Sea
Major ocean carriers have decided that their ships will not transit the Suez Canal due to recent attacks in the […]
Carriers still sending ships via Suez
Vessel tracking shows over 80 container ships still transiting the Red Sea and Suez Canal even after the raised threat […]