The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict ...
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
Carriers abandon plans to return to Suez Canal route and reinstate Cape of Good Hope diversions, while Arabian Gulf ports ...
By Lisa Baertlein LOS ANGELES, March 3 (Reuters) - MSC, the world's largest carrier of ocean container cargo, said on Tuesday ...
Gulf states depend on food imported via the strait – and shipping surcharges could raise the cost of consumer goods around ...
LONG BEACH, Wash. (AP) — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, ...
By Jonathan Saul, Emily Chow and Jeslyn Lerh LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war ...
LONG BEACH, Wash. — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size ...
With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis' attacks, cargo prices are soaring. Just when Covid ...
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