Spanish Ports increase volume amid Red Sea crisis
Reuters reports that in January, Spain experienced a significant increase in the volume of goods passing through top Spanish ports.
Read moreReuters reports that in January, Spain experienced a significant increase in the volume of goods passing through top Spanish ports.
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, examines the cargo volumes to and from ports in the Gulf of Aden and the Red Sea, which have fallen 21% during the first seven weeks of this year due to attacks on ships in the area.
Read moreThe oil tanker industry is facing challenges due to a shortage of new ships entering the fleet, with only two new supertankers expected in 2024— the lowest in almost four decades and 90% below the yearly average.
Read moreDue to recent threats from Yemen's Houthi rebels, the Panama Maritime Administration strongly recommends all Panama Flag Registry vessels to take all security measures and avoid transiting the Red Sea, with increased caution through the Strait of Bab al Mandeb.
Read moreAccording to GMS’s latest weekly ship-recycling report, in spite of Chinese New Year holidays having concluded over a week ago, the ongoing & unending lethargy that is permeating through global ship recycling markets is now being exclusively driven by the relentless & futile shortage of tonnage that is expected to continue until Spring.
Read moreThe UN Conference on Trade and Development (UNCTAD) has released a report signalling how attacks on Red Sea shipping which have severely affected shipping through the Suez Canal, added to existing geopolitical and climate-related challenges, are re-shaping the worlds’ trade routes.
Read moreAccording to international news sources, the Houthis claim that the Belize-flagged cargo ship ship they attacked on February 18, is at risk of sinking.
Read moreThe World Shipping Council (WSC) expressed gratitude to EUNAVFOR on the launch of Operation ASPIDES, a defensive maritime security operation to safeguard freedom of navigation in the Red Sea - and adjacent international waters.
Read moreIn response to the persistent attacks by Houthis in the Red Sea area, international organizations with significant influence are actively seeking solutions on multiple fronts.
Read moreAccording to GMS's latest weekly ship-recycling report, despite Chinese New Year Holidays, a pervading theme of an unrelenting dearth in the overall availability of tonnage across global ship recycling markets has been enduring for several quarters now, resulting in another dry and dreary week of market inactivity and silence across all recycling destinations.
Read more