More than 120 vessels remain inside the Gulf while carriers divert containers to Singapore, Colombo and other regional hubs.
Spot rates are on the rise as capacity management, demand and conflict begin to affect the global container market.
Commerce and industry minister Piyush Goyal on Friday said that the government will deploy all available policy tools and ...
By Olivia Le Poidevin and Emma Farge GENEVA, March 6 (Reuters) - Key humanitarian air, sea and land routes are being ...
It usually starts with a simple scroll. You open TikTok, Instagram, or YouTube just to relax for a few minutes. Maybe you're watching travel clips, productivity ...
More than a thousand Afghan allies at a Qatar refugee camp face terror and confusion as Iranian missiles rain down.
Ford is pivoting into the battery energy storage system business, a move prompted by slower-than-expected electric vehicle sales. The company will repurpose a Kentucky factory, originally for EV ...
Nearly 20,000 West Asia-bound containers are currently stuck at the two ports, with exporters unable to load cargo as several sailings have been postponed and shipping lines reassess vessel movement t ...
The widening conflict in the Middle East forced Danish container shipping giant Maersk to halt two key routes linking the region with Europe and Asia.
Iran’s navy is not blockading the strait, and it has never closed the waterway since the Middle East became a big oil-producing region. But the recent attacks on vessels — including on one flying the ...
Maersk, one of the world's biggest container shipping groups,said on Friday it has temporarily suspended two services linking ...
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Attack on container ship in Strait of Hormuz triggers wider Gulf shipping disruptions
More ocean carriers are halting Gulf bookings and diverting cargo as the Malta-flagged Safeen Prestige caught fire after being struck by an unidentified projectile.
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