red sea diversions
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Marine World
Longer Routes Drive Europe’s Shipping Emissions to New Record
European shipping emissions reached unprecedented levels in 2024, climbing 13% to their highest point since mandatory reporting began in 2018,…
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Marine World
Container Rates Sink to Lowest Since Start of Red Sea Diversions
By Brendan Murray (Bloomberg) — The cost to ship goods in containers to northern Europe from China fell to the…
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Marine World
Greek Ships Go Thousands Of Miles Further To Deliver Russian Oil
By Julian Lee Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver…
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Marine World
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable…
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Marine World
French Shipping Giant CMA CGM To Keep Avoiding Red Sea
PARIS, Jan 25 (Reuters) – French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the…
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Marine World
Shipping Giant MSC Says It Will Keep Avoiding Red Sea for Now
Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until…
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Marine World
Red Sea Diversions Helped Container Shipping Dodge Overcapacity Crisis
The container shipping industry dodged a potential overcapacity crisis in 2024, thanks to an unexpected savior: the Red Sea crisis…
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Marine World
Red Sea Diversions Cost Egypt $7 Billion in Lost Canal Revenue
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez…
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Marine World
Red Sea Shipping Crisis: Oil Flows Through Bab el-Mandeb Plummets By Over Half in 2024
The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in…
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