Sunday, July 20, 2025
Tags Red Sea

Tag: Red Sea

Gulf ports to keep facing challenges due to Red Sea crisis

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...

Maritime security threats in Red Sea and Gulf of Guinea

The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is marked by escalating threats and vulnerabilities. Recent Houthi attacks in...

Tanker still on fire days after Houthi onslaught

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...

Maersk and MSC ships suffer second Houthi attack after two weeks

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,...

End of Red Sea crisis to reignite container shipping challenges

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%...

Red Sea challenges lead to boxship drought for recycling yards

The Red Sea crisis and the higher freight and charter rates are discouraging owners from scrapping older boxships, resulting in a dearth of tonnage...

CN analysis: Freight rates on trades out of India on reverse track after Red Sea-driven upswing

Container freight rates on trades out of India have begun to cool after the Red Sea crisis-driven rocketing, according to the latest market analysis...

Box lines’ stock prices fade as Red Sea crisis windfall slows

Stock prices of listed liner operators, which rose at the height of the Red Sea crisis, have corrected in tandem with freight rates, according...

BIMCO analysis: 13% of world seaborne trade under attack from Houthis and Somali pirates

"Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting global trade. In...

OceanScore analysis shows near-tripling of EU ETS costs due to Red Sea crisis

Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the...
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Lufthansa cargo joins Silicon Saxony

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One of the world’s largest vehicle carriers completes transit through the Suez Canal

The Suez Canal marked a significant milestone today with the maiden transit of BYD XI'AN, one of the largest vehicle carriers globally, as part...

Vard signs contract with InkFish for research vessel

Vard, a subsidiary of Fincantieri Group, has signed a contract with U.S.-based InkFish for the design and construction of a next-generation oceanographic research vessel....
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