Meanwhile, some ship owners remain skeptical about the safety of passing over the Red Sea and opt for alternative, longer routes that incur greater costs ...

Some shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...

Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...

An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...

At least one Norwegian shipping company is ready to chance a voyage through the Red Sea. Champion Tankers’ 47,200-dwt ...

The Allianz Safety and Shipping Review 2024 found that “fire remains a major cause of loss for large vessels” and reported ...

The fire risks themselves, she said, remain a huge concern for the marine industry, including insurers and brokers. The ...

Following their third-best year ever in 2024, Maersk's balance sheet is in good shape, boasting a net debt/EBITDA ratio of close to zero despite significant capital expenditures and acquisitions over ...

Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last ...

A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...