#Maersk

Suez Canal

Suez Canal revenue drops as some shipping firms shun Red Sea

The Suez Canal, is a key source of foreign currency for Egypt, and authorities have been trying to boost its revenues in recent years

MAERSK-VESSELS

Maersk sounds alarm: Red Sea disruptions ripple across global shipping

Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant

Red Sea - shipping - logistics

How have global shipping firms reacted to Red Sea tensions?

The longer route around the Cape of Good Hope, to avoid attacks by Yemen’s Houthis in the Red Sea, has pushed up shipping costs as well as emissions

Red Sea - MAERSK

Shipping giant Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%

Maersk’s fuel costs on the affected routes between Asia and Europe are now 40 per cent higher per journey

Red Sea - MAERSK

Hapag-Lloyd to seek cost cuts in 2024 as Red Sea crisis hits profit margins

Habben Jansen said the Red Sea crisis had rather enforced route changes

suez canal

Shipping traffic through Suez Canal down 20% due to Middle East tensions

The Suez Canal is an important source of dollar revenues for Egypt

red sea

How could Red Sea tensions affect oil and gas shipping?

About 12 per cent of world shipping traffic transits the canal and 4-8 per cent of global LNG cargoes have passed through it in 2023

Red Sea - shipping - logistics

Oil shipments on Maersk vessels could re-route via Cape: Reports

The Middle East crisis is already raising shipping and insurance costs through the critical Red Sea area

Maersk

Dubai’s DP World and Maersk enter long-term partnership at Jebel Ali port

Maersk will deploy two of its solutions for customers moving their cargo through Jebel Ali

UAE’s DP World partners with TradeLens to digitise supply chains

DP World aims to connect all of its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens