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Hapag Lloyd AG

Canadian rail lockout leaves billions in U.S. trade stranded

by Adrian Jhonsan
Canadian rail lockout leaves billions in U.S. trade stranded

Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada.  Ian Willms | Getty Images The highly integrated trade relationship …

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Categories World

Demand for shipments has risen since Red Sea attacks

by Adrian Jhonsan
Demand for shipments has risen since Red Sea attacks

A China-Europe freight train returning from Russia arrives at a railway container freight center on September 20, 2023 in Manzhouli, China. Liu Wenhua | China News Service | Getty Images …

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Categories World

Red Sea crisis could jeopardize inflation fight as shipping costs spike globally

by Adrian Jhonsan
Red Sea crisis could jeopardize inflation fight as shipping costs spike globally

A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt.  Sayed Hassan | Getty Images U.S. shipping costs are spiking as attacks in …

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Maersk to extend Red Sea diversion for ‘foreseeable future’

by Adrian Jhonsan
Maersk to extend Red Sea diversion for ‘foreseeable future’

The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Danish shipping giant Maersk …

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Container prices hit $10,000, freight inflation soars in Red Sea chaos

by Adrian Jhonsan
Container prices hit ,000, freight inflation soars in Red Sea chaos

With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising …

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Categories World

Ikea warns of product delays

by James Odonell
Ikea warns of product delays

Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over safety concerns. “The situation in the Suez Canal will result …

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Categories Politics

Maersk begins rerouting via southern Africa

by Adrian Jhonsan
Maersk begins rerouting via southern Africa

Danish shipping giant Maersk confirmed on Tuesday that its vessels due to transit the Red Sea and Gulf of Aden would take the Cape of Good Hope route around the …

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Categories World

Global supply chains face another major hit as ships avoid Suez Canal

by Adrian Jhonsan
Global supply chains face another major hit as ships avoid Suez Canal

Tihama, a Maltese Flag container ship of shipping line Hapag-Lloyd, at a European dock on August 13, 2022. Thierry Monasse | Getty Images News | Getty Images BP has become …

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Ships wait at Asian ports as retailers struggle to shift excess stock

by Adrian Jhonsan
Ships wait at Asian ports as retailers struggle to shift excess stock

Ships in the Singapore Strait. Andrew Merry | Moment | Getty Images It’s been a slow summer for shipping routes from Asia to Europe and beyond — and hopes of …

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Categories World

Drought Poses a Threat to Key European River Trade Route, Impacting the Entire Continent

by Adrian Jhonsan
Drought Poses a Threat to Key European River Trade Route, Impacting the Entire Continent

Barges of coal at the inland harbor in Duisburg, on the river Rhine in Germany, on Thursday, July 20 2023. Ben Kilb | Bloomberg | Getty Images The drought in …

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Categories World

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