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The Biggest Shipping Company in the World in 2024
Insider Monkey via Yahoo Finance· 1 day 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· 2 days agoThe ocean freight giant says it is seeing an average 40 percent increase in fuel costs when...
Panama Canal Averts Shipping Crisis With Its Water Plan — and Some Luck
Bloomberg via Yahoo Finance· 22 hours ago(Bloomberg) -- The Panama Canal has managed to ward off a shipping crisis that threatened to upend...
Red Sea ships attacks push 47% more crude oil, fuels around Africa
Reuters· 4 days agoThe longer route around the Cape of Good Hope to avoid attacks by Yemen's Houthis has pushed up...
DFS warning as Red Sea disruption hits deliveries
BBC via Yahoo Finance· 3 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 ...
Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
NBC New York· 2 days agoFar East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight...
Chinese Trader’s $20 Million Pile of Russian Copper Goes Missing
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- A giant state-owned Chinese commodities trader is nursing losses after a shipment of...
Singapore Port Container Logjam Worsens as Ships Avoid Red Sea
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Singapore’s port, already one of the busiest in the world, is facing a sustained...
Container Lines’ Shares Tumble on Possible Easing of Red Sea Hostilities
The Wall Street Journal· 4 days agoShares in shipping and logistics providers came under heavy selling pressure as investors digested...
Workers at Inditex's Zaragoza logistics hub to get 12% pay rise
Reuters· 3 days agoInditex declined to comment on the preliminary deal reached on Wednesday. The Zaragoza logistics...