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...“They are on the 20-yard line to our homeland,” General Laura Richardson, head of US Southern Command, said in August....
...“They are on the 20-yard line to our homeland,” General Laura Richardson, commander of US Southern Command, said in August....
...Most large container shipping lines operating on the Asia-Europe route redirected traffic via the Cape of Good Hope, instead of the Suez Canal, following attacks by Iranian-backed Houthis....
...Container shipping alliances offer customers a wider range of destinations and services because lines share space on each other’s ships....
...Chinese lines’ move to the Red Sea comes after most big container shipping lines — including China’s Cosco, operator of the industry’s fourth-biggest fleet — abandoned the southern Red Sea because of the...
...Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand....
...Nine of the 26 attacks on vessels since November 19 have targeted the biggest, highest-profile container ships owned by the world’s three biggest lines, Maersk, MSC, and CMA CGM....
...Denmark’s Maersk, the world’s second-biggest container shipping line, confirmed that it had chartered Dali....
...Atlantic Container Line, which operates roll-on-roll-off ships that carry finished vehicles, predicted that big car importers would have “a lot of trouble” finding spaces elsewhere on the eastern seaboard...
...In its initial phase, the port is expected to handle 1mn containers and 6mn tonnes of loose cargo a year....
...and North America....
...Some Chinese shipping lines are still happily using the Red Sea route....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Profits at Cosco Shipping Development, the container manufacturing arm of state-owned shipping group Cosco, dipped 71 per cent in the first quarter of this year to Rmb398mn....
...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....
...The launch will be accompanied by a celebration with an artist-curated DJ line-up on February 29. Contemporary artists are slated to play an even bigger role in the park’s future....
...Its $416.8bn mutual fund line, meanwhile, leaked $25.5bn, the database shows....
...Kassan charged UTA for private jet flights, it said, that were “personal in nature and had no rational business purpose . . . in short, Kassan erased any line between his personal and business expenses”....
...And so it proved in 2023, when container lines faced major disruption in the Red Sea at the end of the year, as well as a drought that temporarily restricted traffic through the Panama Canal....
...The shift in transport mode, mainly a result of decisions by big container shipping line to send ships around the Cape of Good Hope, has helped push up air freight costs....
...Meanwhile, Michael Fitzgerald, deputy chief financial officer of Orient Overseas Container Line, part of China’s state-owned Cosco shipping group, said efforts by companies to reduce their dependence on...
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...Almost all of the world’s largest container shipping lines including MSC, AP Møller-Maersk and CMA CGM are no longer sending vessels through the Red Sea that goes to and from the Suez Canal, while oil majors...
...“The scale [and] the weight of China means it is easy to overexaggerate the impact of ‘China plus one’,” said Michael Fitzgerald, deputy finance chief of Orient Overseas Container Line, a Hong Kong-headquartered...
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