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Tag: Red Sea

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Red Sea crisis changes container shipping situation from glut to tightness

Container News Team - 0
The closure of the Suez route has changed the fundamental outlook for container shipping in 2024, with a potential capacity crunch in Asia looming in...
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Shippers are counting the cost of war

Container News Team - 0
Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta chief analyst Peter Sand,...
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India explores measures to mitigate Red Sea crisis impact on export trade

Container News Team - 0
Ιndian government and shipping industry stakeholders have realised the urgency to deal with growing trade challenges from the Red Sea shipping crisis, as market...
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Industry Opinions

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

Container News Team - 0
About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....
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News

Russia-bound ships immune from Houthi attacks

Container News Team - 0
Ships involved in the niche Far East-Russia trade appear to be unperturbed by Houthi attacks, as the vessels have enjoyed uneventful transits through the...
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Rates & Surcharges

India-US shippers hit by three rounds of hefty rate hikes in January

Container News Team - 0
Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out...
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MSC boxship attacked in Red Sea

Antonis Karamalegkos - 0
MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a...
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Carriers still sending ships via Suez

Container News Team - 0
Vessel tracking shows over 80 container ships still transiting the Red Sea and Suez Canal even after the raised threat from the Houthi Movement,...
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ZIM vessels divert from Arabian regional waters

Container News Team - 0
Israeli container ships are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for...
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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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