OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
Carriers appear to have given up hope that the threat to vessels transiting the Red Sea will end any time soon, and are starting to re-route back northbound through the Suez Canal, to cross the Mediterranean and around the Cape of Good Hope, costing time and money.
The major container lines had paused all routings through the Suez Canal into the waterway after a series of attacks in the Red Sea against by Iranian-backed Houthi rebels, seemingly ...
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
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