Maersk CEO Vincent Clerc has issued a cautionary statement regarding the ongoing challenges facing carriers…
Tag: Red Sea
US military destroys Houthi vessels in Red Sea
U.S. forces destroyed three Iranian-backed Houthi uncrewed surface vessels in the Red Sea in the…
IMO resolution condemns attacks in Red Sea, Gulf of Aden
The International Maritime Organization (IMO) has adopted a resolution calling for immediate end to attacks…
Container lines make $5.4bn profit amid Red Sea disruption
After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024…
Red Sea crisis lifts Maersk earnings
Maersk has raised its 2024 earnings guidance as the prolonged crisis in the Red Sea…
U.S. asks ships to turn off AIS transponders in Red Sea
The U.S. Maritime Administration (MARAD) has advised U.S.-flagged commercial ships navigating through high-risk areas including…
Houthis hit vessel in Red Sea
A merchant vessel has been damaged in a missile strike in the Red Sea off…
Italian warship shoots down Houthi drone in Red Sea
The Italian Navy warship, Caio Duilio, shot down a drone in the Red Sea on…
Red Sea attacks may persist until H2 — Maersk
Danish shipping container carrier Maersk has warned of disruptions to container shipping through the Red…
Houthis ‘ban’ vessels linked to Israel, US from Red Sea
Yemen’s Houthis on Thursday sent shippers and insurers formal notice of what they termed a…
EU launches naval mission to protect Red Sea shipping
The European Union on Monday launched a naval mission to the Red Sea to restore…
Carnival fears for 2024 earnings over Red Sea attacks
Carnival said on Tuesday that its annual earnings would take a hit as the cruise…