S’pore consumers, ports could benefit from reshuffling of alliances among world’s largest shipping lines
The changes in global shipping alliances will strengthen the connectivity via Singapore, PSA said. Read more at ...
Marsh, Tokio Marine Kiln launch port disruption insurance amid shipping chaos
Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide ...
sis2d
80,000 tons of goods handled at Red Sea Ports
About 80,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 70,000 tons of goods, 452 ...
Red Sea Crisis: Shipping Corp called into action as exports take a hit
The decision followed a high-level meeting chaired by Commerce Minister Piyush Goyal, which included officials from the ...
Digi Times4d
Red Sea crisis winds down as freight rates drop
The Taiwan Stock Exchange has released the August 2024 revenue figures for all listed companies, with the shipping industry ...
Global Trade Review (GTR)2d
Red Sea attacks causing steep drop in port calls, canal traffic, data shows
Port calls in the Red Sea have plummeted 85% since the onset of Houthi attacks on commercial vessels, while Suez Canal ...
Daily Mail4d
Salvage efforts to rescue stricken Red Sea tanker Sounion makes 'slow' progress after oil ship was hit by Houthi missiles
Previously, Houthi missiles have not penetrated deep into Israeli air space, with the only one reported to have hit Israeli territory falling in an open area near the Red Sea port of Eilat in March.
An East Coast Port Strike Means Spiking Air Freight Rates, Space Scarcity
Flexport's Thomas Kempf says the combo of elevated freight rates and a strike is a "really dangerous mix" as "space is just ...
Logistics Middle East1d
Saudi Arabia’s ports see record 14.6% growth in 2023
Saudi Arabia's strategic investments and Vision 2030 initiative are driving its emergence as a global logistics hub. Saudi ...
Vox6d
Can the world stop a massive oil spill in the middle of a war zone?
An oil spill could also block access to ports for impoverished Yemen’s much-need humanitarian aid. It could also cause an even greater disruption to shipping through the Red Sea, which is ...
Roundup: Spain sees surge in container traffic as ships detour due to conflict in red sea
Spanish ports are experiencing increased pressure due to surge in container ship traffic destined for Europe and the eastern Mediterranean as the ongoing conflict in the Red Sea continues to force ...
AllAfrica.com10d
Egypt: 8,000 Tons of Goods Handled At Red Sea Ports
About 8,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 3,000 tons of goods ...