Houthi gains deepen risk as carriers restore Red Sea services
Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions.
Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions.
An Indian-flagged cargo ship sank after a fiery attack in the Red Sea, as violence against Mideast shipping spreads across the region.
Fuel prices climb anew as U.S., Iran battle over Strait of Hormuz, but near-term outlook for tariff pressures uncertain ahead of midterm elections.
Yemen’s Houthi rebels announce a ‘blockade for blockade’ in escalation with Saudi Arabia that again threatens the Suez Canal shipping route.
A shift by a major carrier partnership could signal a wholesale return of global shipping to the Suez Canal.
Maersk this week contradicted a consultant’s report that one of its vessels made a recent transit of a violence-plagued Mideast shipping route.
Maersk led a growing stream of brand-name vessels transiting the Suez Canal-Red Sea route, says consultant Drewry.
As logistics providers look for the greenshoots of spring’s business revival, ocean shipping is seeing a range of changes weighing on the outlook for the maritime supply chain.
While major shipping lines cut short their return and war threatens the region, the Suez Canal Authority said vessel traffic continues apace through the Middle East trade route.
Houthi rebels in Yemen warned they will resume drone and missile attacks on Red Sea shipping after Israel and the United States launched attacks on Iran.
Just weeks after returning, Maersk will again divert some voyages, including a U.S. service, away from the volatile Red Sea-Suez Canal route.
Xeneta: Iran tensions could delay Red Sea return While ocean carriers wrangle with too many ships and too little cargo, continuing weak rates on the Asia-U.S. trade route are starting to show up on other benchmark shipping lanes. “Average spot rates are down this week across all main fronthaul trades out of the Far East,” […]
One of the biggest ocean container shipping partnerships said it will return to the Red Sea-Suez Canal trade route with help from naval forces.
A chilling video by Yemen’s Houthi militia seemed to threaten more violence against Red Sea shipping if the U.S. attacks Iran.
A major ocean container line reversed its decision to return to the Red Sea just weeks after resuming scheduled sailings through the troubled trade route.
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.
Maersk is returning to the Red Sea for the first time since Houthi rebels began attacking shipping in 2023.
Iran protests could signal a positive change for shipping as Maersk makes another successful voyage on the contested Red Sea-Suez Canal shipping route.
A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.
Container rates on the benchmark Asia-U.S. container trade route fell due to overcapacity, while a Red Sea return may pressure rates, and congestion.