ZIM Integrated Shipping Services Ltd. ZIM reported better-than-expected fourth-quarter 2024 earnings and revenues. Earnings and revenues surpassed the Zacks Consensus Estimate by 34.3% and 3.9%, ...

OOIL, which together with sister company Cosco Shipping Lines is owned by Cosco Shipping Holdings, will pay out around 50% of ...

The latest Drewry World Container Index finds ocean container rates down from pandemic highs but still above pre-pandemic levels.

The Houthis announced this week that they would attack any Israeli ship that sails in the vicinity of Yemen, including the ...

Q4 2024 Earnings Call Transcript March 6, 2025 TORM plc misses on earnings expectations. Reported EPS is $0.75 EPS, ...

Red Sea Global Riyadh: All airlines operating at Saudi Arabia's Red Sea International Airport (RSI) can refuel their jets using sustainable aviation fuel. Red Sea Global (RSG), the PIF-owned mega ...

This is where weapons arrive from Iran for the Houthis to use against Red Sea shipping. The airstrikes destroyed fuel storage sites as well as port facilities, including the difficult-to-replace ship ...

Suez Canal Authority chairman Osama Rabei confirmed the shift, stating that the Red Sea crisis has not provided ... For now, the global shipping industry watches closely as traffic patterns ...

Their reemergence follows the Yemeni Houthi movement’s campaign to target Red Sea shipping in support of Hamas in its war with Israel. Analysts believe the Red Sea crisis has drawn the attention ...

But the Red Sea shipping scenario ... need more ships to transport the same volume of cargo.” The ClarkSea Index, a weighted cross-sector barometer of shipping created by Clarksons, stood ...

After almost a decade of hibernation, Somali pirates have resurfaced. Their reemergence follows the Yemeni Houthi movement’s campaign to target Red Sea shipping in support of Hamas in its war with ...

Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire between Israel and Hamas prompted Yemeni rebels to ...