Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters...
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Russia’s Seaborne Crude Exports Surge to the Highest This Year
Russia’s seaborne crude exports jumped in the final week of March to the highest so far this year, even as average shipments in the first quarter were close to the level pledged by Russia...
Soaring Container Imports from China to Mexico Sparks Speculation of a ‘Backdoor’ into U.S.
A staggering 60% year-on-year increase in container shipping imports from China into Mexico in January 2024 is triggering suspicions of Mexico turning into a ‘backdoor entry into the US,’ according...
Suez Canal Head Says Egypt Studying Further Expansion of Waterway
Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal’s head said on Monday, a move that could allow...
Nautical charts of the future will make shipping safer and more sustainable
The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more...