Despite attacks by Iran-backed Houthi militants disrupting shipping lanes, Suez Canal Authority assures the canal remains ...
The Suez Canal Authority emphasized that despite the recent Red Sea crisis, no alternative trade route has proven sustainable ...
There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...
Vincent Clerc stressed it would cost “hundreds of millions of dollars” if the ocean carrier brought vessels back to the Suez ...
A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...
Maersk and Hapag-Lloyd have published their financial results for 2024, providing insights into the latest trends in the ...
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% ...
The Danish shipping company had suspended its buyback program in February last year due to market uncertainties caused by ...
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% ...
HANOI: Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, according to Vietnam’s Industry and Trade Ministry. The ministry urged Vietnamese exporters ...