Hints and tips:
Related Special Reports
...Between February 2 and 19, around the reported time of the incident, the Behshad sat off Djibouti, where China has a large naval base....
...is owned by the government of Argentina’s north-west Catamarca province....
Head of London market says disaster may produce largest maritime claim in history
...Chancay, 70km north of Lima, has raised concerns in Washington because of American fears that China is gaining control of large amounts of critical infrastructure in Peru, a crucial mining nation....
...China is shipping more goods to the US via Mexico, circumventing steep tariffs imposed by the Trump administration and retained by Joe Biden’s White House, according to a Financial Times analysis of trade...
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
...One shipping executive — John Wobensmith, chief executive of New York-based dry bulk company Genco Shipping — said he had not had any push back from charterers on diverting his vessels....
...“The Red Sea shipping route is of great importance to Chinese merchant ships,” Yin said....
...The Pentagon had faced a “major challenge” in balancing ongoing military needs to check China in the Pacific with mounting demands for intelligence capabilities in the Middle East and Europe, said Jonathan...
...In response, North American manufacturers say they are cutting expansion plans, despite the generous incentives on offer from Biden’s Inflation Reduction Act, the landmark US climate law....
...Several Chinese shipping lines have been redeploying their vessels to serve the Red Sea and the Suez Canal, in what analysts have said is an effort to exploit China’s perceived immunity from the Houthi attacks...
...Boxships from China’s state-owned Cosco are also making costly and time-consuming re-routings around the Cape of Good Hope....
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
...Writing in the Daily Telegraph, Shapps said: “If we don’t protect the Red Sea, it risks emboldening those looking to threaten elsewhere, including in the South China Sea and Crimea.”...
...Ma, an expert on China’s relations with the Middle East, said: “China wishes for the restoration of peace in the Red Sea region and for international shipping to be secure, which aligns with the interests...
...As for China itself, it has joined in some anti-piracy efforts, but it has notably declined to get involved in protecting the Red Sea from Houthis....
...The company established bus factories in Lancaster, southern California, in 2013, and in Komárom, north-west Hungary in 2017....
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
...Wang Chuanfu, chair and chief executive of BYD, told a conference in Shenzhen this month that the company would “deploy seven car carriers in the coming two years to ease the shortage of shipping capacity...
...and North America....
...Some traffic goes via a “north corridor”, crossing directly from China into Russia east of Mongolia....
...Air cargo has survived pilot and air traffic control strikes and an Icelandic ash cloud that closed north Atlantic airspace in 2010....
...With the detour around Africa taking ships an extra seven to 20 days, this has pushed up freight rates for a standard container transported from China to Northern Europe from about $1,500 in November to...
...Among the companies that have stuck to the traditional routes are some Chinese container lines, which appear to be confident the close links between China and the Houthis’ backers in Iran make them immune...
...“Ninety-five per cent of what we globally spend on renewables is happening in the Global North and only 5 per cent is happening in the Global South,” he noted, adding that China should be praised, rather...
International Edition