Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.
March 5, 2024ocean shipping News Updates
Three Red Sea Underwater Data Cables Have Been Cut
DUBAI, United Arab Emirates — Three Red Sea cables providing internet and telecommunications around the world have been cut as the waterway remains a target of Yemen’s Houthi rebels.
March 4, 2024Higher Container Volumes Signal Strong Start to New Year
The four major West Coast ports reported significantly higher volumes to open the new year.
February 29, 2024Seroka Optimistic About Cargo Levels in 2024
Port of Los Angeles Executive Director Gene Seroka says container volumes in the first quarter are strong, and the rest of the year looks as though more typical cargo levels will return.
February 27, 2024Analysts: US Transport Better Prepared for Red Sea Disruptions
The U.S. transportation sector is in a better position to handle disruptions from the Red Sea with efforts to improve capacity amid a slowdown in freight, according to experts.
February 20, 2024FMC: Sanctions Against Yemen Should Be Considered
Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.
February 14, 2024Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions
Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.
February 9, 2024Shipping Officials: Supply Chain Equipped to Deal With Attacks
The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.
February 8, 2024Europe’s Diesel Supply Chain Threatened by High Freight Costs
A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.
January 26, 2024Red Sea Chaos Starting to Impair Profits Across Industries
With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.
January 23, 2024Trending
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