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Tag: Red Sea

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Houthis claim attacks on vessels in Red Sea and Arabian Sea

Container News Team - 0
On 28 October, Yemen's Houthi group announced their involvement in targeting three vessels in the Red Sea and the Arabian Sea, according to Reuters,...
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Is Strait of Malacca at Risk from Supply Chain Weaponization?

Alexandros Itimoudis - 0
Recent disruptions in the Red Sea have highlighted the significant challenges facing the global shipping industry in maintaining operational stability. Meanwhile, the Strait of...
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Middle East Turmoil: Recent developments, oil production fears, and global shipping impacts

Alexandros Itimoudis - 0
As geopolitical tensions continue to escalate in the Middle East, concerns are mounting over potential disruptions to oil production and their far-reaching effects on...
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Red Sea crisis to prevent freight rates from dropping to 2023 levels, with uncertainty expected post-2025

Container News Team - 0
The Export-Import Bank of Korea's (KEXIM) Economic Research Institute has published a report stating that while container freight rates have come down from the...
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News

Red Sea and Black Sea in the Spotlight

Alexandros Itimoudis - 0
Global supply chains are increasingly vulnerable to geopolitical events, prompting companies to rethink and restructure their operational frameworks and supply chain strategies to enhance...
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Port News

Gulf ports to keep facing challenges due to Red Sea crisis

Alexandros Itimoudis - 0
A gloomy picture looms on the horizon for the Gulf ports' performance, as the disruptions in the Red Sea continue unabated. Saudi ports experienced a...
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News

Maritime security threats in Red Sea and Gulf of Guinea

Alexandros Itimoudis - 0
The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is marked by escalating threats and vulnerabilities. Recent Houthi attacks in...
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Tanker still on fire days after Houthi onslaught

Container News Team - 0
An oil tanker is still burning six days after being attacked by the Houthis in the Red Sea. The 2006-built Suezmax tanker, Sounion, has become...
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Maersk and MSC ships suffer second Houthi attack after two weeks

Container News Team - 0
Houthi rebels made repeat attacks on container ships owned by Maersk and MSC, nearly two weeks after those same vessels were targeted. On 24 April,...
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End of Red Sea crisis to reignite container shipping challenges

Container News Team - 0
Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption regresses. Boxship fleet growth is estimated at 9%...
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Gemini to launch US-Colombia service

Services Ioanna Kontos - 0
Gemini Cooperation, the new alliance between Maersk and Hapag-Lloyd, has announced a new service update, building on the FLS shuttle service between North and...
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Yara and NYK sign ammonia-fueled medium gas carrier charter deal

News Ioanna Kontos - 0
Yara Clean Ammonia Switzerland SA, a subsidiary of Yara International ASA, one of the world’s largest ammonia distributors, has signed a time-charter contract with...
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Maersk announces Mombasa port delays

Port News Ioanna Kontos - 0
Maersk has published a customer advisory regarding its proactive actions about the ongoing challenges at the Port of Mombasa in Kenya. In recent weeks, the...
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Termavi orders Konecranes equipment for Vigo box terminal

Port News Container News Team - 0
Terminales Marítimas de Vigo, S.L.U. (Termavi) has ordered two hybrid Konecranes Rubber-Tired Gantry (RTG) cranes equipped with the complete range of Konecranes Smart Features. The...
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