Red Sea ‣ WorldCargo News

Red Sea disruptions boost HPHT Hong Kong volumes in H1 2024

News24 Jul 2024

HPHT sees higher volumes at its Hong Kong container terminals amid Red Sea disruptions as an early peak season bolsters export volumes to t...

Suez Canal reports 23.4 % drop in revenue

News22 Jul 2024

Suez Canal’s annual revenue fell by approximately 23.4% in the fiscal year 2023/2024, driven by the impact of the Red Sea crisis....

Christmas peak comes earlier in Rotterdam

News19 Jul 2024

Due to Red Sea unrest reducing delivery reliability, European shippers are ordering Christmas items from Asia about two months earlier than ...

Maersk: Red Sea disruptions impacting entire ocean network

News18 Jul 2024

As the Red Sea crisis protracts into the third quarter of 2024, Maersk points to the domino effect of the disruptions across the global ocea...

Port of Eilat declares bankruptcy

News12 Jul 2024

The Port of Eilat declared bankruptcy due to an 85% drop in activity from Houthi attacks on Red Sea shipping, seeking aid from the Israeli g...

Container shipping market continues to depend on Red Sea reroutings, BIMCO says

News28 Jun 2024

BIMCO now predicts that normal shipping routes through the Red Sea and Suez Canal will not resume until 2025....

Port of Salalah introduces alternative to avoid Red Sea disruption

News10 May 2024

Port of Salalah offers multi-modal services to bypass Red Sea disruption, saving 4-5 days, connecting to Jeddah for faster shipping to Europ...

Upcoming elections could cause further uncertainty in supply chains

News10 Apr 2024

The impact of elections in India, Mexico, the European Parliament, and the United States, could introduce further uncertainty to supply chai...

Drewry: East Mediterranean hubs struggle amidst lingering Red Sea crisis

News28 Mar 2024

The re-routing of mainline vessels via the Cape of Good Hope has led to a significant downturn in vessel call capacity at East and Central M...

CMA CGM upgrades Red Sea service in collaboration with Folk Maritime

News22 Mar 2024

The weekly service will provide two vessels catering to cargo transshipping from both Jeddah Islamic Port Terminals Red Sea Gate Terminal an...

EU ETS expenses for shipping companies could triple amid Red Sea crisis

News13 Mar 2024

The Cape route has caused bunker consumption to triple due to the extended distance, coupled with an increase in sailing speed, rising from ...

African ports strained as Red Sea crisis claims lives of three seafarers

News7 Mar 2024

African ports struggle with cargo influx as companies reroute around the Cape of Good Hope to avoid the Red Sea....

More than half of UK exporters impacted by Red Sea disruptions

News5 Mar 2024

More than half of UK exporters, approximately 55%, have reported feeling the reverberations of disruptions to shipping in the Red Sea....

Cargo volumes decline 21% in Red Sea region

News29 Feb 2024

In February, the number of ships passing through the Gulf of Aden and the Suez Canal plummeted by 50% and 37% compared to the previous year....

CMA CGM resumes Red Sea transit on case-by-case basis

News29 Feb 2024

The world's third-largest container liner aims to navigate the unpredictable situation while safeguarding its operations and personnel....

Red Sea disruptions boost HPHT Hong Kong volumes in H1 2024

Suez Canal reports 23.4 % drop in revenue

Christmas peak comes earlier in Rotterdam

Maersk: Red Sea disruptions impacting entire ocean network

Port of Eilat declares bankruptcy

Container shipping market continues to depend on Red Sea reroutings, BIMCO says

Port of Salalah introduces alternative to avoid Red Sea disruption

Upcoming elections could cause further uncertainty in supply chains

Drewry: East Mediterranean hubs struggle amidst lingering Red Sea crisis

CMA CGM upgrades Red Sea service in collaboration with Folk Maritime

EU ETS expenses for shipping companies could triple amid Red Sea crisis

African ports strained as Red Sea crisis claims lives of three seafarers

More than half of UK exporters impacted by Red Sea disruptions

Cargo volumes decline 21% in Red Sea region

CMA CGM resumes Red Sea transit on case-by-case basis

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Captain’s body found, four missing after ship sank near Taiwan

Konecranes reports higher profit, port solutions H1 order intake down 40%

NWSA calls for bids for Terminal 5 refrigerated container electrical upgrades

DP World Fremantle implements new weigh-in-motion system

Vessel detained in Haifa, seafarers abandoned in Yemen

Red Sea disruptions boost HPHT Hong Kong volumes in H1 2024

Suez Canal reports 23.4 % drop in revenue

Christmas peak comes earlier in Rotterdam

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Captain’s body found, four missing after ship sank near Taiwan

Konecranes reports higher profit, port solutions H1 order intake down 40%

NWSA calls for bids for Terminal 5 refrigerated container electrical upgrades

DP World Fremantle implements new weigh-in-motion system

Vessel detained in Haifa, seafarers abandoned in Yemen

Fire breaks out on Maersk container ship, one crew member dead

Cape Town Container Terminal takes delivery of 15 new terminal tractors

Fire on Maersk Frankfurt nearly out

Valenciaport’s container traffic up 14% in H1

Tanker capsizes near Manila claiming one life, cargo ship sinks off coast Taiwan