FreightWaves6h
Yang Ming profit soars on Red Sea diversions, emerging Asia markets
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
THE WEEK1y
How the Red Sea conflict could wreak havoc on the world's internet infrastructure
Continual disruption of Red Sea fiber cables could have massive consequences for global telecommunications. The majority of internet traffic between Europe and East Asia "runs through undersea ...
Hosted on MSN1y
Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact
the IMF said in its regional economic outlook update for the Middle East and Central Asia, released Wednesday. As the shipping industry contends with the Red Sea disruption, container shipping ...
Reuters27d
LNG vessel sails through Red Sea passage in second voyage this year
The Suez Canal links the Red Sea to the Mediterranean, creating the shortest shipping route between Europe and Asia, and is connected to the Gulf of Aden by the Bab al-Mandab Strait between Yemen ...