Globalization is having an anniversary. It was 50 years ago that Malcom McLean, an entrepreneur from North Carolina, loaded a ship with 58 35-foot containers and sailed from Newark, N.J., to Houston.
Shipping investors love trade disruptions, which generally boost freight rates. The mass diversions of container ships around the Cape of Good Hope are cheered by container shipping stock investors ...
Container shipping rates for key global trade routes have soared this week, with US and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world's ...
DUBAI, United Arab Emirates (AP) — A Liberian-flagged cargo ship came under fire from Houthi rebels Monday in the Red Sea, with two on board reported to be hurt and two others missing in an assault a ...
The conflict between Israel and Hamas has disrupted marine shipping traffic through the Suez Canal, leading to detours and increased costs for global shippers. Shippers are avoiding the Suez Canal and ...
The Red Sea security situation has slashed container ship traffic in the region by more than half, which experts say has “completely shifted the trajectory of the container market,” while transits of ...
From January to September 2025, 11 Russian attacks on vessels have been recorded in Odesa Oblast ports, damaging 13 civilian ...
On the morning of March 10, the Portuguese-flagged container ship Solong collided with US-flagged tanker Stena Immaculate, which was anchored, in the North Sea LONDON, March 12. /TASS/. All crew ...
A total of 36 people were rescued after the collision involving a container ship in the North Sea, with Filipino national Mark Pernia feared dead. Did you know with a Digital Subscription to The ...
OVER the past few weeks, many American retailers have worried that Christmas, their most profitable selling season, will be ruined. In late August, Hanjin Shipping, South Korea’s biggest container ...
LONDON/LOS ANGELES, Jan 12 (Reuters) - Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to ...