By GMM News | 2024-01-31 | International Shipping News | Recent activity in the Indian Ocean is sparking concerns of a resurgence in Somali piracy. Maritime Security Centre Horn of Africa (MSCHOA), which operates under […]
By GMM News | 2024-01-31 | International Shipping News | Wallenius Wilhelmsen, a leading roll-on/roll-off (RoRo) shipping company, has inked two major multi-year shipping contracts with a top global construction and mining equipment manufacturer and […]
By GMM News | 2024-01-26 | International Shipping News | South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is LNG-ready […]
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 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 | 2024-01-15 | International Shipping News The cruise ship “SILVER MOON” is among the latest vessels diverting from the Red Sea route due to the escalating geopolitical tensions in the area. Many cruise lines […]
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 […]
