The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
The Houthis began targeting commercial shipping on November 19, 2023, and claimed their first attack on a U.S. warship on January 9, 2024. In response, the UN Security Council passed Resolution 2722 ...
Supply Lines is a daily newsletter that tracks global trade. The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in ...
OOIL, which together with sister company Cosco Shipping Lines is owned by Cosco Shipping Holdings, will pay out around 50% of ...
Shipping companies are still steering clear of the troublesome waters, with ABG Sundal Collier analyst Petter Haugen ...
A return to the Red Sea for container shipping appears to be on thin ice. On Friday, Yemen’s Houthis gave Israel a four-day ...