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...“We’ll have to find solutions,” he said, adding that the company would be rerouting some ships via the Suez Canal....
...“This confirms that there are no quick solutions to this crisis,” said Peter Sand, chief analyst at Xeneta, a container market intelligence company....
...Since mid-November more than 10 transiting vessels have been attacked by Yemen’s Iran-aligned Houthi militants....
...Figures from Clarksons, the shipping services company, show that arrivals of container ships in mid-January near the mouth of the Red Sea were 90 per cent down on the average for the first half of December...
...Refinery maintenance in the US would further cut supplies across the Atlantic and drive up diesel prices, analysts warned. In the shipping market, the Red Sea crisis will continue to add volatility....
...“The stopwatch for a diplomatic solution is running out.”...
...But analysts warn refinery maintenance in the US will further cut supplies across the Atlantic and further drive up the price....
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
...The Houthis have carried out more than 30 attacks on international and commercial vessels since mid-November....
...The increase in numbers of the mid-sized superyachts, which are usually 40m-80m, means there’s increased competition to get a permanent spot....
...In the short-term, the shipping and logistics world is bracing for more frequent disruptions....
...In recent months, BlackRock, CVC Capital and General Atlantic have all bought infrastructure managers, and a further wave of deals is brewing....
...Carbon and water cycle: Atmospheric rivers’ over Atlantic blamed for extreme UK flooding Data/Population and the environment: What’s killing us now?...
...With big elections on the horizon on both sides of the Atlantic, politicians are relieved that they can point to encouraging signs about inflation’s possible return to normal levels....
...Apple is also feeling the heat on the other side of the Atlantic....
...Its investors include Abu Dhabi sovereign wealth fund Mubadala, venture capital group Sequoia China and private equity group General Atlantic....
...Qatari Prime Minister and minister of foreign affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani discusses security in the Middle East at an Atlantic Council event in Washington DC....
...[MUSIC PLAYING] Marc Filippino The Panama Canal is the gateway for shipping trade between the Atlantic and Pacific oceans....
...And people are hungry for solutions right now....
...Solutions include deploying avatars, robots and artificial intelligence to the workforce in key sectors such as construction, trucking, farming and retail....
...Meanwhile, across the Atlantic, fund managers have been trying to assess the impact....
...Hovenkamp: Chemicals in the mid-century. Even still today, things like high-fructose corn syrup. Heavy industry, early in the 20th century....
...Private equity group General Atlantic has hired Chris Kojima as global head of capital solutions based in New York. Kojima will also join the firm’s executive committee....
...In mid-October, Hamilton Insurance Group filed to float in New York. Safety testing company UL Solutions is still aiming to list before the end of the year in what could raise as much as $1bn....
...Exporting LNG will take longer, requiring the construction of multibillion-dollar terminals in which piped gas is liquefied and packaged for shipping....
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