Page 22 - Hapag Lloyd News Today

The attacks on ships in and near the Red Sea by Yemen's Houthi rebels have affected shipping and oil companies.

Shipping companies remain in the dark over a new international navy coalition being assembled by the United States to combat attacks in the Red Sea…

“I’ve been doing this for almost 12 years and haven’t seen anything quite this drastic,” one expert said.

Oil prices typically bottom out around this time of year, but with the Red Sea crisis adding to the uncertainty in the world, will cheap gas prices stick around?

Given that 90% of world trade is carried by sea, the effect on transit prices, but also on fuel costs, is inevitable," the president of the Piraeus Chamber of Commerce and...

Shipping lines are taking longer routes as they avoid the Red Sea.

Panama Canal delays worrying for Ecuador's banana sector

Sources in the shipping industry are “in the dark” about the Biden administration’s new Red Sea security initiative.

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis’ attacks, freight prices are soaring.

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis' attacks, freight prices are soaring.