Shipping
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.
CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz
European freight firms benefit from war-driven supply chain disruption
Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows
Your Taxes: Tax Authority takes the fizz out Of Coca Cola
This case decision could disrupt Israeli imports more than the Houthis.
Houthi attacks drive calls to UK's maritime emergency services up by over 80% - report
Since the beginning of Houthi attacks on international shipping last year, calls to the UKMTO have risen by 86%.
US to probe Spanish port for reportedly refusing shipments of arms to Israel
The Spanish transport minister admitted in May that the the Danish-flagged ship Marianne Danica was denied port entry for "carrying weapons to Israel."
ZIM reports $1.13 billion net profit in Q3 , driven by record cargo volume
ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections.
New intimidation tactic: Houthis begin emailing threats to German shipping companies
The Iran-backed Houthi terrorists, who have launched numerous maritime attacks over the past year, have added a new tactic to their arsenal: Emails.
Prepare to be attacked: Houthis warn shipowners in new phase of Red Sea campaign
The Houthis have carried out nearly 100 attacks on ships crossing the Red Sea since November, acting in solidarity with Hamas in Gaza.
Illegal handling fees for FedEx shipments to Israel
Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.
Shadow war: Houthi attacks paved way for Iran's naval supremacy - analysis
As the West is distracted by the Houthis, Iran can now enjoy a new era of naval supremacy in the region.
Tanker reports attack off Yemen's Hodeidah, UKMTO says
Iran-aligned Houthi militants have launched a series of attacks on international shipping near Yemen since last November in solidarity with Palestinians.
Zim shipping brings in $373m net profit in second quarter of 2024.
"We expect stronger performance in the second half of 2024 compared to the first half due to ongoing supply constraints from the unresolved Red Sea crisis," CEO Eli Glickman said.