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Ship Freight Rates Soar as Red Sea Diversions Become a Norm
The Wall Street Journal· 2 days agoThe canal normally handles about 15% of world shipping traffic, including roughly 30% of global...
Red Sea crisis turns Lome into key transhipment hub on MSC's ex-Asia services - The Loadstar
The Loadstar· 1 day agoContainer lines are increasingly building transhipment connections to mitigate the effects of longer...
11 presumed dead, 9 rescued after fishing boat sinks off South Africa
CBS News via Yahoo News· 2 days agoThe fishing vessel ran into difficulty and sent out a distress signal on Friday before sinking in...
This Day, That Year: What Happened on May 20
Gadgets 360· 4 days agoLevi Strauss and Jacob Davis were granted a U.S. patent for blue jeans reinforced with copper rivets on this day in 1873. This innovation would not only...
Yemen's Houthi rebels are menacing ships on the high seas
INSIDER via Yahoo News· 5 days ago"The Houthis have drones that can travel more than 1,000 nautical miles, such as the Shahed series...
Quarterly sales slip for major high and heavy ro/ro manufacturers | Journal of Commerce
Journal of Commerce Online· 2 days agoDeere and Caterpillar are facing a lackluster year as equipment sales soften amid lower commodity...
Supply chain pressure major ‘concern’ for apparel amid Red Sea crisis
Just Style via Yahoo Finance· 5 days agoSupply chain pressure is a major concern in apparel in the first quarter (Q1) of 2024 due to the...
Hapag-Lloyd Lifts Financial Outlook as Red Sea Crisis Boosts Freight Rates
The Wall Street Journal· 7 days agoHapag-Lloyd lifted the bottom-end of its full-year guidance range as the current situation in the...
Earnings call: Imperial Petroleum reports strong Q1 2024 results By Investing.com
Investing.com· 5 days agoImperial Petroleum (ticker not provided) has reported a significant improvement in its financial...
Carriers, shippers scramble amid worsening container shortages in Asia | Journal of Commerce
Journal of Commerce Online· 1 day agoLonger transit times to Europe and North America as vessels continue to divert via the Cape of Good ...