'Hands on triggers' over Gaza a threat to early Red Sea return
There have been “notable increases” in maritime insurance premiums, as ceasefire uncertainty clouds the prospect ...
By Alex Lennane
Cosco has reportedly joined its subsidiary, OOCL, in suspending ocean shipments to Israel.
According to Israeli publication Le Globes yesterday, the Chinese state-owned carrier has informed customers it had temporarily halted the carriage of goods to Israel, but gave no reasons.
OOCL, on the other hand, said on 17 December: “Due to operational issues, OOCL will stop cargo acceptance to and from Israel with immediate effect, until further notice.”
The Loadstar’s attempts to reach Cosco for comment were unsuccessful.
Threat of attacks from Houthi ...
Comment on this article