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

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let's go and take a look at what's on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i'm going to be discussing all of that with these two, there they are. the big boss of the world second—biggest shipping company, ...

instead they are taking the long way round from asia to europe and around the cape of good hope. that's an extra 3500 nautical miles, or up to two week's sailing, adding as much as a million dollars per ship in fuel alone. maersk ceo vincent clark told the bbc�*s aaron heslehurst that these extra costs are already being passed onto consumers. this is one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to...

the cape of good hope. that's an extra 3,500 nautical miles, or up to two week's sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc�*s aaron heslehurst that these extra costs are already being passed on to consumers. it's one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more as we have to get back then into into no...

before those strikes took place, the boss of maersk, one of the world's biggest shipping companies, spoke to the bbc to warn of �*significant disruption�* to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re—routing its vessels away from the red sea and suez canal. instead they are taking the �*long way round�*, from asia to europe, and around the cape of good hope. that�*s an extra 3500 nautical miles, or up to two week�*s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc ...

Shares of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM – Get Free Report) traded up 4.4% on Wednesday . The company traded as high as $18.60 and last traded at $18.42. 1,743,215 shares changed hands during trading, a decline of 74% from the average session volume of 6,720,396 shares. The stock had previously closed at $17.65. […]