Demand for shipments has risen since Red Sea attacks

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 Shippers are scrambling to find alternative ways to transport goods from China to Europe in light of the disruption caused by attacks on the Red … Read more

Ikea warns of product delays

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 in delays and may cause availability constraints for certain IKEA products,” a spokesperson said by email Thursday. They added that the safety of staff working … Read more

Maersk begins rerouting via southern Africa

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 south of Africa after a spate of attacks by Houthi militants from Yemen. Along with a host of other firms, the company had previously announced … Read more

Houthi attacks continue in the Red Sea as BP halts Suez oil trade

Houthi attacks continue in the Red Sea as BP halts Suez oil trade

Oil major BP has joined a growing list of firms pausing shipping through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen, as the U.S. pledged an international effort to combat the situation. “In light of the deteriorating security situation for shipping in the Red Sea, bp has decided to temporarily pause … Read more