Red Sea
Ship rates spiking 467% marks upended trade across commodities
Freight costs typically dip at year-end due to seasonal weakness in demand
Maersk sees better safety in Red Sea as it eyes eventual return
Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages
Asia-US sea freight rates set to extend declines amid tariff chaos
Adding to uncertainty are unresolved trade talks between the US and China
Ship hit in Red Sea as Israel strikes Houthi-controlled ports
[AMMAN] Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and prompting the crew to abandon ship before the Israel army carried out airstrike...
Trump launches military strikes on Houthi fighters in Yemen
US President Donald Trump said he ordered military attacks against sites in Yemen controlled by the Iranian-backed Houthi militia after months of disruption to shipping lanes in the Red Sea.
Shipping profit boom evaporates on US tariffs, Red Sea reopening
Increased levies on Chinese goods will likely reduce container volumes by 1.5 to 2 percentage points in 2025
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
The shipping giant, viewed as a barometer of world trade, had seen no changes in cargo flows due to the threats of tariffs so far
Houthis say US and UK ships can safely take Red Sea passage
THE Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after a year-plus campaign that’s upended global trade.
Singapore’s logistics sector grows at slightly slower pace in November
Meanwhile, the Asia-Pacific region saw a faster pickup in growth for the month
Shipper Maersk sees growth slowing after Red Sea crisis boost
MAERSK expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it ...
