Global shipping recession could end as freight rates soar on Red Sea troubles
The shipping industry has been in a recession, and some market watchers expect the recent spike in rates to bring about a reversal in container liners’...
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The shipping industry has been in a recession, and some market watchers expect the recent spike in rates to bring about a reversal in container liners’...
Attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the Suez Canal and Red Sea.
Shell is suspending all shipments through the Red Sea indefinitely following U.S and UK attacks on Houthi rebels last week, reports suggest.
World's second largest liquefied natural gas exporters reviews using shipping route as US shoots down missile heading towards at its Navy destroyer.
The cost of Indian exports has more than doubled due to the Yemeni Houthi militia's attacks on ships in the Red Sea, industry officials said on Monday. Around 80% of India's goods trade...