By GMM News | 2024-01-24 | International Shipping News Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade. For […]
By GMM News | 2024-01-19 | International Shipping News The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to trade passing through a waterway already labeled […]
By GMM News | 2024-01-17 | International Shipping News | Chinese electric vehicle maker BYD has launched the first car carrier to export domestically manufactured cars to Europe. The car carrier was constructed at Yantai […]
GMM Training | 2024-01-17 | Case Incidents | A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations […]
By GMM News | 2024-01-17 | International Shipping News At least six more oil tankers were steering clear of the southern Red Sea on Monday, as disruptions on the vital route for energy shipping increase in the […]
By GMM News | 2024-01-16 | International Shipping News The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm Island, monitoring service TankerTrackers.com said in […]
By GMM News | 2024-01-12 | International Shipping News | Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has successfully delivered a new 16,000 TEU eco-friendly container ship to the renowned shipping giant MSC. […]
By GMM News | 2024-01-12 | International Shipping News The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the growing imbalance of supply versus demand in the […]
