Danish shipping giant Maersk forewarned on Thursday that container shipping overcapacity would damage profits more than anticipated this year and that it didn’t see a…
Posts tagged as “red sea”
The global economy is expected to perform better this year than predicted only a few months ago, driven by an improved outlook in the United…
U.S. forces struck an anti-ship missile in Houthi-held Yemen that they said was ready to fire Saturday, hours after the Iran-backed rebels caused a fire…
Car factories in Belgium and Germany have come to a standstill. A renowned British department store faces delays in launching its spring fashion lines. A…
Ukraine has increased its grain exports through the Black Sea to levels not seen since before Russia’s invasion. Yet, the ongoing shipping crisis in the…
The United States carried out new attacks against the Houthis in Yemen on Thursday as President Joe Biden indicated that they would continue to strike…
Germany’s chemical industry, Europe’s largest, is beginning to see the impact of delayed shipments via the Red Sea, becoming the latest industry to raise concerns…
Japanese shipping operator Nippon Yusen suspended sailings through the Red Sea on Tuesday after Yemen’s Houthi movement vowed to step up attacks on vessels in…
On Sunday, the Ministry of Defense (MoD) in Britain announced a commitment to invest 405 million pounds ($514 million) for the enhancement of a missile…
The poisonous puffer fish, known for its lethal impact on humans and other marine life, has altered its migration route due to rising sea temperatures,…