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Amid Red Sea War-Risk Premium Surge, Rerouting Around Africa ‘Less Expensive by Comparison’
Sourcing Journal via Yahoo News· 12 hours agoDefense Intelligence Agency. The added war-risk costs provide even more rationale to go around the ...
8 Excellent South African Wines
Forbes· 1 day agoThe history of South African wine dates back to 1659, when the first Cape grapes were harvested in what would eventually be called the Cape of ...
The Biggest Shipping Company in the World in 2024
Insider Monkey via Yahoo Finance· 5 days agoWe recently compiled a list of the 15 Biggest Shipping Companies In The World in 2024 and in this article we will look at the biggest shipping company....
Hapag-Lloyd: Israel-Hamas Ceasefire Would Not Put End to Red Sea Crisis
Sourcing Journal via Yahoo News· 5 days agoThe ocean freight giant says it is seeing an average 40 percent increase in fuel costs when...
Singapore Port Container Logjam Worsens as Ships Avoid Red Sea
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Singapore’s port, already one of the busiest in the world, is facing a sustained...
DFS warning as Red Sea disruption hits deliveries
BBC via Yahoo Finance· 7 days agoBut because of the attacks and the threat, several container shipping companies have since diverted vessels to a much longer route around Africa's Cape ...
Chinese Trader’s $20 Million Pile of Russian Copper Goes Missing
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- A giant state-owned Chinese commodities trader is nursing losses after a shipment of...
Boluda Bolsters Its Gibraltar Tug Fleet
MarineLink· 16 hours agoBoluda Towage has added a tug to its fleet in the port of Gibraltar. The vessel, renamed VB Responder during a ceremony on Tuesday, is the company's...
Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
CNBC· 6 days agoJust as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and...
Panama Canal Averts Shipping Crisis With Its Water Plan — and Some Luck
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- The Panama Canal has managed to ward off a shipping crisis that threatened to upend...