Red Sea Attacks Increase Shipping Times and Freight Rates
New York February 1 2024: After Yemen-based Houthi militia attacks on commercial ships transiting the Red Sea started in November ...
Tag: Red Sea
Air Freight Rates Rise Amid Red Sea Crisis And In Run-Up To Asia’s Lunar New Year
SEOUL, January 30 2024 - Global air freight rates have climbed for the first time in seven weeks ahead of ...
Singapore Bunker Fuel Schedules Tighten, Premiums Rise On Red Sea Impact
SINGAPORE, January 25 2024: Shippers and trading firms are facing longer waits and higher prices for low-sulphur fuel deliveries at ...
Commodites Geopolitical Premium To Remian High on Red Sea Shipping Disruptions
London January 24 2024: Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the ...
Iran Captures Oil Tanker Off Oman as Mideast Tension Escalates
Tehran January 11 2024: Iran has seized a tanker with Iraqi crude destined for Turkey in retaliation for the confiscation ...
Houthi Militants Attack Container Ship, Maersk Halts Red Sea Sailing
Dubai December 31 2023: Iranian-backed Houthi militants attacked a Maersk (MAERSKb.CO) container vessel with missiles and small boats, prompting the company to ...
Container Rates Hit $10,000 as Ocean Freight Inflation Soars in Red Sea Crisis
New York December 22 2023: With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of ...
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