Red Sea
3 articles
Red Sea
Red Sea Crisis Deepens: Another Ship Sinks, Industry Demands Action
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
Shipping
Far East to US Shipping Rates Up 150%, But Relief in Sight
After a sharp increase, spot rates from the Far East to the US are declining, following the earlier pattern seen in Europe.
Shipping
Maersk Halts Red Sea Operations Indefinitely After Latest Attack
Maersk indefinitely halts Red Sea operations after a severe attack on Maersk Hangzhou on December 30.