Global chokepoints and domestic corridors — what is moving, and where we can name it, what it costs.
The Port of Los Angeles capped its strongest three-month cargo stretch on record in August, adding to evidence that Southern California’s container gateway is carrying stronger-than-expected momentum into the fall....
U.S. Central Command is disputing an Iranian claim that a Panama-flagged tanker recently struck a naval mine in the Strait of Hormuz, saying the ship was instead hit by Iranian...
Container shipping measures performance obsessively at the ocean and the terminal: vessel schedules, berth waiting times, freight indexes, and port throughput. For good reason, those are the stages where the industry has spent decades building standardization, and where a single carrier or terminal operator can move the needle for thousands of shipments at once. Every […]
The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to collect cargoes.
New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen's Houthis threatened to worsen the wartime disruption to global energy supplies.
The Port of Long Beach marked its fifth-busiest month ever as imports and exports both increased.
TAIZ, Yemen/DUBAI, Sept 14 (Reuters) – Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen’s Houthis launched a new attack on Saudi Arabia after fighting that has...
A tightening Panama Canal is once again forcing shipowners to weigh longer routes around South America, but the Swedish Club is warning that Cape Horn and the Strait of Magellan...
Maersk and Hapag-Lloyd are significantly expanding their return to the Suez Canal, shifting four additional Gemini Cooperation services away from the Cape of Good Hope even as the security outlook...
Shipping has long been treated as an early warning system for the world economy. In an era of wars, rerouting, services and AI, the relationship is becoming far harder to read. Splash investigates whether this old adage rings true still, or even if it ever did. For decades, shipping has enjoyed a reputation as one …
Sending ships through the Red Sea should improve dismal schedule reliability, but an intensification of the war between Yemen’s Houthi militants and Saudi Arabia has elevated the risk of attack.
Sending ships through the Red Sea should improve dismal schedule reliability, but an intensification of the war between Yemen’s Houthi militants and Saudi Arabia has elevated the risk of attack.
The Los Angeles Board of Harbor Commissioners has unanimously elected Beatrice Hsu as president of the five-member board overseeing the Port of Los Angeles, with Yolanda De La Torre elected vice president. Both leadership terms are for one year. Hsu was appointed to the Harbor Commission by Mayor Karen Bass and confirmed by the Los […]
The Houthis appear to have overextended themselves in their rapid advance in SW Yemen, which saw them capture the Ras Menhali peninsula and Perim Isla...
Ports giant DP World is expanding its overland logistics network in a bet that shipping through the Strait of Hormuz — vital for its flagship container and industrial hub in the United Arab Emirates — won’t return to the status quo from before the US-Iran war.
The Gemini Cooperation partners Maersk and Hapag-Lloyd today announced that four more Asia-Europe services are returning to Suez transits on their headhaul westbound sailings. The Asia-North Europe AE5 string, the Asia-Mediterranean AE11 and AE12 services, and the India-Europe ME2 service will “transit via the trans-Suez route instead of sailing around the Cape of Good Hope”, joining the AE15 and AE19 Asia-Mediterranean services which are already using the Suez routing. “The Suez Canal ...
Hapag-Lloyd and Maersk have returned four more Asia - Europe services to the Suez Canal route even as concerns over Middle East stability increase
New additions include KOTC, Bahri, and ONEX vessels as well as crude tanker sunk by US forces last week.
Ship recyclers in India, the world’s largest market for end-of-life ships, are being held up by documentary delays.
Maersk has added another emergency surcharge for Gulf shipments, with a $500 charge joining higher freight, fuel and Strait of Hormuz costs.
John Fredriksen-backed SFL Corporation has added another $750m to its contracted revenue after agreeing seven-year charter extensions with Hapag-Lloyd on six 15,400 teu containerships. The renewed fixtures will keep the six ships with the German liner through 2035-36 at fixed rates and lift SFL’s charter backlog to around $4.6bn. The New York-listed owner said it …
Whatever the outcome of Houthi advance, the trend line is unmistakable: the Houthis are converting territorial control into leverage over one of the world’s busiest chokepoints, and every actor with a stake in Red Sea transi shippers, insurers, Gulf capitals, and Washington alike is now pricing a scenario in which passage through the strait carries […]
Hapag-Lloyd and Maersk will reroute four Gemini Cooperation services through the Red Sea and Suez Canal following an assessment of the region’s security situation. The NE4, SE1, SE2 and IEX services will transition from the Cape of Good Hope route to the shorter Red Sea passage. First westbound sailings Service Vessel Voyage Last call before […]
Middle Eastern shipping patterns face another violent reshuffle after fresh vessel attacks around Hormuz, the shutdown of Saudi Arabia’s critical East-West oil pipeline and the Houthis’ advance into the heart of the Bab el-Mandeb Strait. Two more commercial vessels were attacked on Sunday. The Panama-flagged 47,999 dwt product tanker El Gaia was struck off Oman, …
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