DAVOS, Switzerland, Jan 17 (Reuters) – Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few…
https://gcaptain.com/maersk-ceo-sees-red-sea-shipping-disruption-lasting-at-least-a-few-months/
By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the growing imbalance of supply versus demand in…
https://gcaptain.com/red-sea-reroutings-mask-container-shippings-capacity-problem/
by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese partner COSCO is withdrawing from Israel….
https://gcaptain.com/houthi-bribe-allegations-rock-shipping-market/
By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper said on Friday, adding…
https://gcaptain.com/shipping-lines-diverge-on-red-sea-return/
LOS ANGELES, Dec 28 (Reuters) – Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the…
https://gcaptain.com/red-sea-shipping-workarounds-add-costs/
By Terje Solsvik and Gus Trompiz OSLO/PARIS, Dec 22 (Reuters) – Some of the world’s largest shipping firms, including Maersk and CMA CGM, will impose extra charges after they re-routed ships in response to…
https://gcaptain.com/shipping-lines-impose-surcharges-as-red-sea-attack-hit-global-trade/
FRANKFURT/ATHENS, Dec 21 (Reuters) – German shipping company Hapag-Lloyd said on Thursday it was the latest company planning to avoid the Red Sea after attacks there by Yemen’s Houthi group on merchant vessels, which have disrupted global…
DUBAI, Dec 20 (Reuters) – The leader of Yemen’s Houthis warned on Wednesday they would strike U.S. warships if the Iranian-backed militia was targeted by Washington, which this week set up a…
https://gcaptain.com/houthis-threaten-to-attack-us-warships-if-washington-targets-yemen/
(Bloomberg) — A chunk of global shipping is now avoiding the Red Sea after a run of attacks on vessels in the key waterway that is vital for the transportation…
By Mike Wackett (The Loadstar) – Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption with ships being re-routed via Southern Africa instead…
https://gcaptain.com/carriers-roll-out-peak-season-surcharges-as-capacity-crunch-looms/