Tuesday’s announcement of Operation Prosperity Guardian, a joint military operation to protect commercial shipping in the Red Sea, was met with skepticism — and jokes about the Seychelles, a popular ...
A prosperous, open and secure South China Sea has been providing strong support for the stability of global industry and ...
COPENHAGEN, Jan 4 (Reuters) - Denmark's Maersk (MAERSKb.CO), opens new tab said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez ...
Globalization is having an anniversary. It was 50 years ago that Malcom McLean, an entrepreneur from North Carolina, loaded a ship with 58 35-foot containers and sailed from Newark, N.J., to Houston.
The Red Sea security situation has slashed container ship traffic in the region by more than half, which experts say has “completely shifted the trajectory of the container market,” while transits of ...
The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
Container shipping rates for key global routes have soared this week, with U.S. and U.K. air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world’s ...
A stowaway stuck on a Greek-controlled boxship jumped into the Aegean Sea rather than let the vessel return him to Egypt. The ...
Star Bulk Carriers Corp. (SBLK): Do Street Analysts Recommend This Shipping and Container Stock Now?
We recently compiled a list of the 10 Best Shipping and Container Stocks To Buy. In this article, we are going to take a look at where Star Bulk Carriers Corp. (NASDAQ:SBLK) stands against the other ...
Shipping tends to be cyclical, though not all forms of transport are affected equally. After a disastrous 2015, bulk carriers remained in an unprecedented slump and containers were only slightly ...
The trial of a civil claim against the owner of a container ship that collided with a US tanker off the coast of Yorkshire will not be held before October next year, the High Court has heard.
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Stena Immaculate: Trial of civil claim over North Sea tanker collision could be held in 2026
The trial of a civil claim against the owner of a container ship that collided with a US tanker in the North Sea will not be ...
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