The CEO of the world’s fifth-largest liner says vessels and crews are stuck in Persian Gulf; warns on oil-price rise.
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
The company in charge of the Suez Canal continues to coordinate actions with shipping liners and clients to support global ...
Shipping giant Maersk has halted its operations and sailings in the wake of the US-Israel-Iran latest conflicts. Due to the ...
Carriers abandon plans to return to Suez Canal route and reinstate Cape of Good Hope diversions, while Arabian Gulf ports ...
The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.
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Gaza peace pact paves way for Suez Canal recovery
The Suez Canal Authority expects more global shipping lines to return to the waterway following the signing of a Gaza peace pact. The summit held in Sharm El Sheikh last month “succeeded in promoting ...
Bangladesh’s export success has never been just about competitive labour or entrepreneurial energy. Logistics—the quiet, ...
As efforts to dislodge the huge container ship stuck in the Suez Canal intensified Saturday, an animal-rights nonprofit is airing concerns over animals trapped in cargo vessels. Ships carrying ...
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