Amid the escalating US–Israel war on Iran and its widening ripple effects across the Middle East, one of the UAE’s cornerstones of global trade, Jebel.
MSC says diverting vessels from the region would extend transit times and disrupt established liner schedules.
Oil prices rose in Asia on Monday as investors reacted for the first time to the U.S. and Israel-led conflict in the Middle East. Japan’s Nikkei 225 stock index, which has been on a months-long tear, ...
The world’s largest container carriers are rerouting ships to avoid the Persian Gulf. Read more at straitstimes.com. Read ...
Jebel Ali, the world’s busiest container port outside of Asia, had a fire at one of its berths caused by falling debris from an aerial interception, Dubai’s Media Office said on X. Civil Defence teams ...
Maersk, the major container shipping company, said Sunday it was halting passage through the Suez Canal and the narrow Strait ...
Shipping giant Maersk has halted its operations and sailings in the wake of the US-Israel-Iran latest conflicts. Due to the deteriorating security situation in the Middle East region following ...
By Julian Lee, Weilun Soon and Alex Longley OIL and gas shipping remains largely paused in the Strait of Hormuz that links ...
War risk premiums for ships transiting the Gulf, which were around 0.25% of a vessel’s replacement value, are now expected to jump by as much as 50%, says a report.
One of the world’s most vital maritime arteries saw a 70 percent drop in vessel traffic.
For the first time in container shipping's history, both of the Middle East's critical maritime chokepoints are effectively closed to ...
The US and Israeli military strikes against Iran that began on 28 February have triggered a simultaneous disruption of both ...
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