Ocean shipping rates have gone way up in recent days, largely because Yemen’s Houthi rebels continue to attack ships in the Red Sea following the onset of the Israel-Hamas war. The U.S. has countered, ...

DHL chief executive Tobias Meyer on Wednesday warned the ongoing disruptions to global trade caused by Houthi rebel attacks in the Red Sea could lead to shipping container shortages in Asia in the ...

But the container shipping industry is facing its toughest period in at least a decade. Companies such as MSC, Maersk and CMA ...

Brands and retailers have endured longer shipment times and an increase in costs during the Red Sea crisis as repeated Houthi attacks force commercial vessels to avoid the waterway entirely. But ocean ...

[Stay on top of transportation news: Get TTNews in your inbox.] Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to ...

Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund. The Red Sea is an important shipping conduit for the ...

HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent, a German economic think ...

LITTLETON, Colorado, Jan 17 (Reuters) - The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel emissions as ships that are being rerouted away from the ...

This week, oil giant Shell confirmed its tankers are avoiding the Red Sea and Shell's CEO told the Wall Street Journal there would be at least a 5-10% price impact in the short-term. The shipping ...

Yemen’s Houthi rebels on Tuesday launched an attack on another commercial ship in the Red Sea, marking the latest escalation of aggression along shipping routes in the region, the rebel group ...