The CEO of the world’s fifth-largest liner says vessels and crews are stuck in Persian Gulf; warns on oil-price rise.
The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.
Carriers abandon plans to return to Suez Canal route and reinstate Cape of Good Hope diversions, while Arabian Gulf ports ...
By Louise Rasmussen and Kanjyik Ghosh March 1 (Reuters) - Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
Federal immigration authorities made an arrest on Canal Street Saturday, according to the Department of Homeland Security. The arrest, captured on video and shared by advocates on Instagram, occurred ...
For the first time in container shipping's history, both of the Middle East's critical maritime chokepoints are effectively ...