The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
With Red Sea tensions escalating again following US strikes, vessel diversions are expected to keep the container market ...
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
The Yemeni militant group's deadline for Israel to lift a blockade of aid to the Gaza Strip passed late Tuesday, triggering ...
OOIL, which together with sister company Cosco Shipping Lines is owned by Cosco Shipping Holdings, will pay out around 50% of ...
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Sourcing Journal on MSNRed Sea Risks Re-Escalate as US Hits Houthis with AirstrikesAs the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little incentive to traverse the Red Sea.
Italy’s Ignazio Messina is planning fleet renewal with newbuildings after agreeing a financing deal worth up to $50m.
The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away from the Suez Canal.
The Patenga Container Terminal (PCT), the first foreign-operated terminal at Chattogram Port, has begun handling import cargo ...
Discover why MPC Container Ships ASA stands out with strong returns, crisis-driven value, and top-tier capital management.
The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in one of the world’s busiest maritime corridors.
Evergreen Marine Corp. reported revenue climbed to $12.7 billion in 2024 from $8.4 billion a year ago, while net income more ...
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