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Tag: Red Sea

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Red Sea peace deal could flood container market with tonnage

Container News Team - 0
A return of commercial shipping to the Suez Canal route could flood the container market with excess tonnage and send freight rates plunging to...
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Further rerouting scenarios unfold due to the Red Sea crisis

Alexandros Itimoudis - 0
Recent sanctions imposed by the US Treasury's Office of Foreign Assets Control (OFAC) have disclosed active coordination between Houthi leaders and officials from Russia...
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Geopolitical Instability in the Red Sea: Impact on Top-5 Ocean Carriers

Container News Team - 0
The geopolitical instability triggered by the Gaza conflict and Houthi attacks in the Red Sea has significantly disrupted global shipping, with some companies navigating...
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European Union prolongs Operation ASPIDES in the Red Sea

Alexandros Itimoudis - 0
The European Union (EU) has prolonged its maritime security mission in the Red Sea region until 28 February 2026, dedicating more than €17 million...
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Drewry survey indicates optimism for Red Sea shipping

Alexandros Itimoudis - 0
Amidst the recent developments concerning shipping activity through the Red Sea, a new industry survey conducted by maritime consultancy Drewry highlights cautious optimism within...
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Uncertainty arises in global shipping after Trump’s statement on ceasefire deal

Alexandros Itimoudis - 0
On 10 February, US President Donald Trump announced that he would consider scrapping the Israel-Hamas ceasefire agreement if the hostages in Gaza were not...
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Container lines still hesitant about returning to Red Sea

Container News Team - 0
All mainline operators are sticking to detours round the Cape of Good Hope, according to Linerlytica’s analysis. French box line CMA CGM remains the only...
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Horn of Africa in the Spotlight After Houthi Attacks Cease

Alexandros Itimoudis - 0
Regional and global powers are establishing naval bases and military facilities around the Red Sea, expanding their influence but also fueling rising tensions and...
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Industry Opinions

Ceasefire sparking Red Sea hope; Trump sets tariff, de minimis changes in motion

Ioanna Kontos - 0
The six-week first stage of the Israel - Hamas ceasefire began on 19 January bringing a reprieve to the fifteen months of fighting which...
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Industry Opinions

Houthis will probably reduce attacks on Red Sea, Israel-Hamas ceasefire holds, but resumption very likely

Container News Team - 0
The Houthis will likely reduce the frequency of attacks on shipping in the Red Sea while the ceasefire remains in place, but the ceasefire...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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