Cichen Shen News Today

Chinese shipping companies have ramped up transits through the Red Sea as they bet on immunity from Houthi attacks.

Lord Cameron has said he is planning to lobby China to take a tougher stance on Houthi attacks in the Red Sea in his first meeting with Beijing as Foreign Secretary.

Foreign Secretary will pressure Beijing to support ‘freedom of navigation’ amid accusations it is protecting its own interests in the region

Lord Cameron has said he is planning to lobby China to take a tougher stance on Houthi attacks in the Red Sea in his first meeting with Beijing as Foreign Secretary.

The wait and see period for shipping is well and truly over – ships of all types are now re-routing away from the Red Sea as airstrikes against the Houthis failed to stem attacks and insurance rates spiked in response. But not everyone is leaving and shipping’s risk appetite increasingly a question of national association as much as it is an individual security assessment

Lloyd’s list Intelligence vessel-tracking data reveal that a tipping point has been reached in the Red Sea amid a second wave of diversions, while the impact of rerouting has a damning impact on Suez Canal traffic

2023 continued the pattern of recent years with shocks to the global economy that resulted in heightened risk to maritime operations, shifting trade routes and increased regulatory burden for shipping companies. But there was also progress on decarbonisation and in other areas

Ocean carriers are working out their moves in a new era of reshoring and friendshoring

News Analysis Beijing’s hoarding of ships’ geolocation data is another indicator of its future plans to use commercial ...

MIT alumnus Yichen Shen PhD '16 is the CEO of Lightelligence, an MIT spinout using photonics to reinvent computing for artificial intelligence.