The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as ...
By Louise Rasmussen and Kanjyik Ghosh March 1 (Reuters) - Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, ...
Expect to see rising prices for fuel and many goods as a result of the Middle East war, says a shipping industry veteran.
Global Ship Lease, Inc. rated a Buy: 6% dividend, 96% revenue contracted through 2026, strong capital allocation and valuation. Click for more on GSL.
President Trump took steps Tuesday to prevent a sharp decline in global oil supply and give maritime shipping companies financial protection amid the war in Iran. The president said Tuesday he was ...
Moving electric cars and their plug-in hybrid relatives across the globe became a little more difficult this summer. Earlier this month, U.S.-based shipping company Matson announced it will no longer ...
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Ships Could Start Going Nuclear Again
As countries around the world try to tamp down emissions (well, some of them, anyway), a major target for improvement is the shipping industry. Ships produce 3% of all the world's emissions per year, ...
The Times of Israel on MSN
Israel’s Zim shipping company inks $4.2 billion takeover deal by German giant
As part of the deal, an Israeli container liner firm will be formed to securely operate global shipping trade routes to Israel; Hapag-Lloyd commits to retain Zim employees The post Israel’s Zim ...
CargoKite is building ‘micro’ ships that are more environmentally friendly—but they’re also faster and more nimble than traditional cargo ships. A typical cargo ship is massive—the largest is more ...
Bermudian insurers and shipping companies are feeling the impact of war in the Middle East. Several insurers, such as Mosaic ...
A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption in October that seeks to cut marine fuel emissions, ...
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