[ad_1] Updated Jan. 16, 2024 12:30 pm ET British oil major Shell suspended all shipments through the Red Sea after U.S. and U.K. strikes on Yemen’s Houthi rebels triggered fears…
Tag: Shipping
EBRD: Shipping disruptions could further fuel inflation
[ad_1] Euronews’ Angela Barnes spoke to EBRD Chief Economist Beata Javorcik in Davos about the economic risks we face as the world heads into 2024. ADVERTISEMENT Talking to Euronews Business…
Air France-KLM, CMA CGM to End Cargo Deal, Start Talks on New Terms
[ad_1] Air France-KLM and shipping company CMA CGM plan to withdraw from a cargo-cooperation agreement, citing a tight regulatory environment in key markets, and are in talks for new terms.…
Shipping company ‘has shut down’ – council – BBC News
[ad_1] Gwynedd Shipping: Reports Welsh logistics company has shut BBC.com [ad_2] Source link
Houthis Turn Their Sights on U.S. Ships, Vow to Keep Attacking Red Sea Targets
[ad_1] Updated Jan. 15, 2024 12:57 pm ET Fresh attacks targeted American ships in the Middle East, days after the U.S. led a round of strikes meant to diminish the…
What conflict and tension in the Red Sea may mean for Europe
[ad_1] Conflict in the Red Sea is hitting one of the world’s most important trade routes, potentially affecting more than 40% of Asia-Europe trade. ADVERTISEMENT As the UK and US…
Chinese electric car invasion faces shipping crunch
[ad_1] In a sign of how stretched capacity is globally, BYD has retrofitted a ship previously used to move pulp to make it capable of carrying cars to South America.…
U.S. Targets Houthis’ Financial Chain; Sanctions Hong Kong, UAE Firms ‘For Shipping Iranian…’
[ad_1] Published on Jan 13, 2024 09:19 AM IST U.S. has announced a crackdown on Yemen’s Houthi rebels’ financial network by imposing restrictions on the companies in Hong Kong and…
European Shipping Stocks Rise After US, UK Airstrikes on Houthis
[ad_1] Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen, sending crude higher and stoking expectations that shipping rates…
Iran seizes Gulf oil tanker in new threat to Middle East shipping
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran said it had seized an oil tanker off…