5hon MSN
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
March 3 (Reuters) - A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's global ports business without two terminals in Panama, after authorities seized the assets, ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
The world’s biggest shipping lines have made disruptive changes to their operations in Nigeria as the deadly war in the Middle East ...
Closure of the Strait of Hormuz and escalating Middle East conflict disrupt global shipping, threatening delays, higher ...
Cyprus Mail on MSN
Middle East conflict triggers turmoil for global shipping and aviation
Shipping and air transport were thrown into turmoil this week as the Middle East conflict intensified, prompting fresh security warnings, a surge in tanker earnings and widespread suspensions across ...
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FreightWaves reported ocean shipping lines have “fled” the Strait of Hormuz, which is the narrow route between Iran, Oman, and the United Arab Emirates. Iran announced it planned to “close” the strait ...
The Hong Kong-listed conglomerate has been seeking to sell its non-Chinese ports business, which spans 43 terminals in 23 countries Read more at The Business Times.
Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after US and Israeli strikes on Iran and the closure of ...
Shipping companies are avoiding the Persian Gulf. 13.6 percent of global airfreight capacity is lost. This could also affect tech supply chains.
U.S. gas prices rose 40% as a result of the 1973 oil shock, and prices at the pump are threatening to increase again as a result of the U.S. and Israeli strike on Iran.
Maersk diverts its vessels via the Cape of Good Hope due to the conflict in the Middle East, which, as expected, is now impacting global value chains.
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