Shipping Line News Today : Breaking News, Live Updates & Top Stories | Vimarsana

it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it's led to a near doubling in the cost of container shipping. the attackers say they'll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd's list intelligence. thank you...

thank you very much. we start with the shipping crisis in the red sea. yemen's houthi militant group has claimed responsibility for yet another attack on a container vessel, this one belonging to the french shipping line cma—cgm. it happened late on tuesday — despite the presence of the us navy in the area and it's the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels are now ships are now avoiding the red sea, which accounts for 12% of global tr...

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the german shipping line hapag—lloyd has said in the last couple of hours that it will continue to avoid the area for at least another week. it made the decision after another ship — belonging to its rival maersk — was attacked over the weekend. in that attack, houthi rebels based in yemen hit the ship with a missile and tried to climb aboard before the us navy intervened and sank the rebels�* four boats — killing the crew in the process. the us military says there have been at least 23 attacks since mid—november on a route that acconts for about 12% of global trade and w...

israel to change its tactics inside gaza to protect civilians and get the remaining hostages out. u.s. defense secretary lloyd austin touching down in qatar today as officials desperately try to hammer out a deal. plus, dual natural disasters across the globe. in iceland, lava spewing out of a volcano in what experts say is one of the worst possible locations for an eruption. in china, a devastating earthquake killing more than 100 people. and wild weather complicating life in the u.s. after a massive storm knocking out power to more than half a million people in the northeast. a...