(Bloomberg) — Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea….
https://gcaptain.com/shippings-carbon-emissions-soar-as-houthi-attacks-fuel-longer-voyages/
Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research. Container shipping around the Cape…
https://gcaptain.com/severe-weather-halts-container-shipping-at-cape-of-good-hope/
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and straining capacity. Despite efforts to redeploy underutilized ships,…
https://gcaptain.com/maersk-ceo-warns-of-prolonged-challenges-due-to-red-sea-disruptions/
SEOUL/SINGAPORE, June 26 (Reuters) – Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global…
https://gcaptain.com/singapore-port-congestion-shows-global-ripple-impact-of-red-sea-attacks/
The escalating conflict in the Red Sea region has disrupted international shipping routes, contributing to significantly higher transit times for the container shipping sector, according to a new report released…
https://gcaptain.com/container-transit-times-soar-as-red-sea-crisis-continues-unabated/
By Yongchang Chin (Bloomberg) — The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the shipping sector, spelling trouble for businesses in the city-state….
https://gcaptain.com/singapore-port-logjam-lingers-as-container-ships-keep-piling-in/
Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating crisis is due to abrupt…
https://gcaptain.com/transshipment-hubs-hit-hard-by-red-sea-reroutings/
By Charlie Bartlett (The Loadstar) – Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after a dip in liner equities following…
The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue throughout this year and even…
https://gcaptain.com/industry-mixed-on-duration-of-prolonged-red-sea-crisis/
Crude oil and oil product flows around the Cape of Good Hope increased by nearly 50% in the first five months of 2024 compared to last year’s average as commercial…
https://gcaptain.com/cape-of-good-hope-oil-trade-surges-as-tankers-reroute/