Red Sea crisis costing Italy 95m a day
The damage to Italian foreign trade between November 2023 and January 2024 amounts to €8.8bn
Red Sea, environmental crisis too
Circumnavigating Africa ups emissions by 260% on Asia - N. Europe & 354% on Asia -Med. routes
Two Maersk ships attacked by Houthis
The Maersk Detroit & the Maersk Chesapeake were transiting Bāb el-Mandeb when they were targeted
Italian flag, performance down
This has been certified by the International Chamber of Shipping in its latest Flag State Performance Table
India hit by empty box emergency
The shortage of equipment due to the Red Sea crisis is becoming a serious problem for local shippers
Gas terminal fire in Russian port
Ust-Luga has been attacked by Ukrainian drones.Terminal operations halted & staff evacuated
CMA CGM reroutes its NEMO service
Ships on the N.Europe-Med & Australia link will be diverted from Suez to the Cape of Good Hope
Spot box shipping rates still rising
Tariffs up 23% on the previous week. According to Drewry the trend could continue due to the Red Sea crisis
K-Line orders three new bulk carriers
The order has been placed at Japan's Nihon Shipyard for 3 units designed to transport coal