Hapag-Lloyd, Japanese Shipping Firms Continue to Re-route From Suez Canal December 29, 2023 Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container...
Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says December 28, 2023 A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in...
Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks December 28, 2023 By Brendan Murray and Alex Longley Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because...
Gas Tanker’s Detour of 8,000 Kilometers Highlights Shipping’s Current Chokepoints December 27, 2023 By Elizabeth Low A gas tanker’s long, circuitous journey is highlighting the toll that war and climate change are taking on the shipping...
Shipping Costs Soar as War and Climate Risks Choke Key Waterways December 21, 2023 By Sharon Cho, Elizabeth Low and Serene Cheong Global shippers of crude and fuels are grappling with a spike in booking costs for some tankers taking lengthy diversions...
Yemen’s Houthis Vow More Attacks on Ships in Red Sea Despite US Naval Force December 21, 2023 By Henry Meyer and Omar Tamo Yemen’s Houthi rebels vowed to continue targeting ships in the Red Sea despite a US move to compile an international...
Shipping Insurance for Red Sea Transit Soars After Mounting Houthi Attacks December 20, 2023 By Alex Longley, Ruth Liao and Yongchang Chin The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets December 12, 2023 By Katy Daigle and Simon Jessop As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days....
Maersk Reaches Settlement Over Ship That Blocked Suez Canal December 1, 2023 By Christian Wienberg A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in 2021,...
DP World Attack ‘Stark Reminder’ About Prioritizing Cyber Spend: Australia Watchdog November 21, 2023 By Amy Bainbridge Australia’s markets regulator wants companies and directors to prioritize cyber resilience, warning it will take action against businesses that fail...