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Red Sea Conflict: A Game-Changer For Global Inflation?

The Containerized Freight Index has more than doubled since the beginning of October 2023, from 850 to 2,179 points. It increased 419 points or 24% since the beginning of 2024 alone. ....

Canada , Ukraine , Red-sea , Djibouti-general , Djibouti , Phoenix , Arizona , United-states , Russia , Russian , Matt-willer , Thomas-samuelson

Red Sea Crisis Hits Maersk Outlook: 'Oversupply Will Cause Price Pressure, Impact Results' - A. P. Moller Maersk (OTC:AMKBY)

The Red Sea crisis has caused "immediate capacity constraints and a temporary increase in rates," CEO Vincent Clerc. ....

Denmark , Copenhagen , Køavn , Yemen , United-kingdom , Germany , Red-sea , Djibouti-general , Djibouti , Danish , Vincent-clerc , Catherine-mann

Red Sea, Panama Canal Send Container Freight Costs Soaring – What It Means For Global Economy And Wall Street

The Panama Canal drought causes severe shipping delays from Asia to the U.S. East Coast, particularly for heavy goods. Carriers are rerouting from trans-Pacific to trans-Atlantic via the Suez Canal, ....

Red-sea , Djibouti-general , Djibouti , Robert-khachatryan , International-business-times , Panama-canal , Suez-canal , Containerized-freight-index , Main-street , Wall-street , Freight-right-global-logistics , Good-hope

GT Voice: Shanghai's rise as shipping center supports opening-up

As global trade is facing challenges, it is crucial for Shanghai to establish a strategic direction for the construction of a global shipping center, focusing on improving both hard and soft power. ....

Yangshan , Anhui , China , Shanghai , Singapore , London , City-of , United-kingdom , Baltic-exchange , Freight-index-europe-service-futures , Shanghai-international-energy-exchange

China rolls out first shipping futures product in order to boost innovative development and opening-up

China rolls out first shipping futures product in order to boost innovative development and opening-up
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China , Shanghai , Chinese , Fang-xinghai , China-securities-regulatory-commission , Shanghai-shipping-exchange , China-international-futures , Freight-index-europe-service-futures , Europe-service , Shanghai-international-energy-exchange , Containerized-freight-index , Futures-contracts