No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But opinions widely diverge on how serious this is for global supply chains, consumers ...
Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. As hundreds of millions of shipping containers criss-cross the ...
The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
Anna Nagurney does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
Over the past decades, the debate around climate change and maritime pollution within the shipping industry has been mainly shaped around the need to cut down CO 2 emissions and turn to cleaner, more ...
Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund. The Red Sea is an important shipping conduit for the ...
Global container losses at sea rose to 576 in 2024, more than double the record-low 221 containers lost in 2023, according to the World Shipping Council’s (WSC) latest Containers Lost at Sea report.
LONG BEACH, March 6 (Reuters) - U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a ...
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