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Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

January 5, 2024

Spot Container Shipping Rates Soar 173% on Red Sea Threats

Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.

January 4, 2024

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

December 19, 2023

Railroads Urge Border Officials to Reopen US-Mexico Crossings

Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.

December 18, 2023

Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages

Attacks on merchant ships by Houthi militants near Yemen in the Red Sea have prompted trade disruption, with major vessel owners Maersk and Hapag-Lloyg halting trips through the area.

December 15, 2023

NTSB Calls for California Shipping Fix After 2021 Oil Spill

The National Transportation Safety Board wants changes in how containerships are anchored off Southern California to help prevent oil pipeline ruptures like the 2021 spill off Huntington Beach.

December 6, 2023

DP World Says Some Personal Employee Data Stolen in Hack

DP World Plc said workers’ personal information was stolen in the November cyberattack on the port operator’s Australian business.

November 28, 2023

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports

DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company resumes operations after a cyberattack.

November 13, 2023

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023