[Stay on top of transportation news: Get TTNews in your inbox.] Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to ...
The container shipping industry is bracing for a pivotal shift next year, with the anticipated return of vessels to the Red Sea route—a move that is expected to trigger a wave of congestion at ...
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return ...
Just 30% of the usual shipping capacity — including container ships, bulk carriers, car carriers, and tankers carrying oil and liquefied natural gas — is still passing through the Red Sea and Suez ...
A gradual return to the Red Sea route after long detours around the Cape of Good Hope is the key thing to watch for in container shipping next year. That return would first lead to congestion in ...
The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
LITTLETON, Colorado, Jan 17 (Reuters) - The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel emissions as ships that are being rerouted away from the ...
ZIM Integrated Shipping Services is a deep-value opportunity trading at 0.56x book value headed into a rapidly rising earnings environment. Based on interviews with experts, I believe that the Red Sea ...
Analysts and shipping executives say they expect costs to fall later this year as companies receive vessels they ordered two to three years ago. By Peter Eavis After the Houthi militia started ...
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