While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

Jefferies said: “While spot freight rates on the Asia-Europe routes have been softer of late and also on the transpacific, ...

A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...

A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued ...

A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...

Since late in 2023, we have seen ocean shipping rates ... through the Panama Canal for freight being carried between the U.S. East Coast and Asia, and in the Red Sea and Suez Canal, hampering ...

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".

He said freight rates are expected to come down once the shorter route via the Red Sea and Suez Canal picks up again. Dubai's DP World, which manages ports in countries from Britain to Peru as ...