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January 30, 2024
MSC, the world's largest shipper, joined retail and maritime experts in warning Congress about Houthi 'chaos' and the impact on freight and consumer prices.
January 29, 2024
United seeks options as Boeingโs Max 9 returns to the skies, Evergrande liquidation is a landmark moment for China property, and other news to start your day.
January 28, 2024
A violent blockade of the Red Sea is starting to have wider economic implications that could show up in inflation and other economic data. Itโs already...
January 25, 2024
With the formation of the Gemini Cooperation between Maersk and Hapag-Lloyd how coukld container line alliances change their approach to customer service.
January 23, 2024
The world must brace for a second wave of trade disruptions from the Red Sea crisis even after the conflict has been resolved, the boss of a shipping giant has warned.
January 23, 2024
However, as of now, container availability has not been seen as an issue as adequate empties are available. The Red Sea strait is vital for 30 per cent of global container traffic and 12 per cent of global trade.
January 22, 2024
The announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the worlds three major shipping alliances.
January 22, 2024
German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business. In an earlier statement to clients on its website, the company said it would offer land connections from Jebel Ali, Dammam and Jubail to its ocean shuttle service out of Jeddah. "Our aim is to p...
January 22, 2024
German shipping group Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo
January 19, 2024
What are the early trends we should look for to identify a stock that could multiply in value over the long term...