Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
COPENHAGEN : A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez
Ports around the Red Sea area struggle with sharp decline in deep-sea calls
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
Hapag-Lloyd sees prolonged Red Sea re-routings regardless of ceasefire
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas
Unmasking the extent of container shipping’s potential overcapacity
Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity
Mumbai to Russia in 18 days, Small Indian Shipping Lines streamline routes via Suez Canal
MOSCOW : Small Indian shipping companies offer shortened delivery times for cargo through the Suez Canal – shipments from Mumbai to Novorossiysk can take about 18 days instead of
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
UN : Applying the law of the sea to protect International Shipping
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all
Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO
LONDON : “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number
Impact to global trade of disruption of shipping routes in the Red Sea, Black Sea and Panama Canal &
GENEVA : This UNCTAD rapid assessment looks into the situation of interntional shipping amid disruptions that have the potential to reshape global maritime networks and reconfigure the world
New freighters could ease Red Sea cargo disruptions
YEMEN : After the Houthi militians started attacking container ships in the Red Sea last year, the cost of shipping goods from Asia soared by over 300%, prompting fears that