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Major shipping associations express concern about Houthi rebels’ first fatal vessel attack

Antonis Karamalegkos - March 7, 2024 0

Several associations of the shipping industry published a joint statement to express their deep concern over the tragic loss of life and injuries suffered...

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Houthis first fatal ship attack: Three seafarers killed

Container News Team - March 7, 2024 0

Houthi rebels have inflicted the first fatal attack on a ship since the Iran-backed group began reprisals for the Israel-Gaza War in November 2023. Three...

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Houthis hit MSC vessel in Gulf of Aden with missile

Container News Team - March 5, 2024 0

An MSC-owned container ship was attacked by Houthi rebels while crossing the Red Sea on 4 March. According to the US Central Command, the 1999-built,...

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CMA CGM resumes Red Sea transits

Antonis Karamalegkos - February 29, 2024 0

French shipping company CMA CGM Group has announced it will resume Red Sea transits on a case-by-case basis. The Marseille-based carrier said, "We have reevaluated...

Industry Opinions

Cargo volumes in Red Sea drop significantly due to vessel attacks

Ioanna Kontos - February 28, 2024 0

"During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y....

Industry Opinions

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

Container News Team - February 19, 2024 0

The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%, but there appears to...

News

Sea-Intelligence forecasts 16% increase in TEU*Miles due to Red Sea crisis

Ioanna Kontos - February 15, 2024 0

After reconfiguring liner networks to incorporate the round-of-Africa routing, Sea-Intelligence's standard model for estimating demand in TEU*Miles was used to assess the potential impact...

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Box lines launch Red Sea services despite Houthi risks

Container News Team - January 30, 2024 0

Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah...

News

Operating in anticipation of the next disruption is the new normal for shipping companies: Frank Kenney, director at Cleo

Ioanna Kontos - January 30, 2024 0

Frank Kenney, director of Industry Solutions at Cleo, a supply chain connectivity and integration solution provider, spoke to Container News about the significant impact of...

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Yang Ming not tempted to charter ships amid Red Sea crisis

Container News Team - January 29, 2024 0

Taiwanese liner operator Yang Ming Marine Transport will not follow its peers and charter in more ships to capitalise on the Red Sea crisis. Speaking at...

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Tag: Red Sea

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Port of Long Beach appoints new managing director of engineering services

DP World and J.P. Morgan launch partnership

Red Sea shipping traffic rebounds as Houthis limit targets

CMA CGM applies new surcharge from Far East to West Africa

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Port of Long Beach appoints new managing director of engineering services

DP World and J.P. Morgan launch partnership

Red Sea shipping traffic rebounds as Houthis limit targets

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Port of Long Beach appoints new managing director of engineering services

DP World and J.P. Morgan launch partnership

Red Sea shipping traffic rebounds as Houthis limit targets

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