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 world’s biggest shipping lines have made disruptive changes to their operations in Nigeria as the deadly war in the Middle East ...
The Middle East conflict has stoked fears of prolonged disruption to global trade via key maritime corridors.
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 ...
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 ...
Leading container carrier suspends all worldwide bookings to Middle East destinations. The post World’s largest shipping line suspends all cargo to Middle East appeared first on FreightWaves.
Several of the world's major shipping companies have announced they are avoiding the Strait of Hormuz due to the risk posed ...
Shipping companies are avoiding the Persian Gulf. 13.6 percent of global airfreight capacity is lost. This could also affect tech supply chains.
The U.S.’ latest attacks may raise gas prices at the pumps, but Trump’s military operations have already helped boost ...
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.
The outbreak of the conflict in the Middle East has seen maritime insurers cancel coverage, adding to the risk shipping companies face.