GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply
LOS ANGELES : Record imports over the last several months at West Coast ports, driven by the recent US East Coast and Gulf Coast strike diversions and ongoing
DUBAI : The World Bank’s trade watch report, released earlier this week, stated that global supply chain stress remained elevated through September 2024, amid disruptions in West Asia,
DUBAI : The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024,
HAMBURG : A potential re-election of Donald Trump as US president would pose challenges for the German shipping industry, according to a study by auditing firm PwC seen
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline
PENANG : Growth of container throughput at Penang Port may be slower than expected this year amid declining global shipping due to the Red Sea crisis. Penang Port
COPENHAGEN : Maersk and Hapag-Lloyd could add more container vessels to an alliance announced earlier this year if shipping disruptions in the Red Sea continue, the companies said
MUNICH : The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is marked by escalating threats and vulnerabilities. Recent Houthi attacks in the Red
COPENHAGEN : “We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container shipping industry