The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
FRANKFURT (Reuters) - Container shipping firm Hapag-Lloyd said on Thursday net profit fell nearly 19% in 2024 and is expected ...
President Trump has launched significant military operations against the Iran-aligned Houthi rebels in Yemen, aiming to ...
ZIM navigates freight challenges with strategies to counter overcapacity, resilient contract rates, and flexible fleet ...
Sisi said earlier this week that the monthly losses of the Suez Canal revenues reached around $800m due to the regional ...
Supply Lines is a daily newsletter that tracks global trade. The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in ...
The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away from the Suez Canal.
President Donald Trump attributed the strikes to ongoing Houthi attacks on the Suez Canal that have persisted for 18 months.
Egyptian President Abdel Fattah al-Sisi said Monday evening that regional instability costs the country roughly $800 million ...
Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional ...
Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 ...
"Every shot fired by the Houthis will be looked upon from this point forward as being a shot fired from the weapons and leadership of IRAN." ...