Container shipping saw a monumental turnaround in financial ... the ongoing Houthi missile attacks on commercial vessels in the Red Sea lingered. These freight rates escalated from their 2023 ...

Citing the re-routing of ships around the Horn of Africa due to the Red Sea issues accounts for 17% of global container shipping capacity, and HLS warned the cancellation or blanking of ships will ...

But large shipping lines have yet to return to the Red Sea in a big way. In February, nearly 200 container ships passed through the Bab el-Mandeb Strait, the opening at the south of the Red Sea ...

“With emissions heading in the wrong direction, it raises fundamental questions around whether the IMO target of net zero by ...

On Monday, Hapag-Lloyd also announced that it would re-route several ships until safe passage through the Red Sea could be guaranteed, as did Taiwanese container shipping line Evergreen.

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