Compared to the last report, the Baltic Handysize Index (BHSI) increased from about $12500 per day to $13500 per day as a benchmark for a
As it is well known by now, the MSC ARIES was seized by Iranian authorities on April 13th. The 15,000 TEU container ship, currently chartered
The COVID-19 pandemic and the conflict in the Red Sea region have both had significant impacts on global shipping, albeit in different ways. Below, we
In the heart of the waters of the Red Sea, a shadow of instability has also loomed over the global oil market, which is becoming
As stated by the international shipping organization BIMCO, during 2024 a total amount of 478 container ships with a capacity of 3.1 million TEU is
The crisis triggered by the Houthi movement within the Red Sea since mid-November is generating multiple difficulties for shipping and the global logistics chain in
The Red Sea, a vital waterway connecting the Mediterranean Sea to the Indian Ocean, has recently taken center stage in discussions surrounding global maritime trade.
The recent escalation of tensions in the Red Sea, primarily the Houthi attacks on merchant ships and the seizure of Israeli-linked vessels, has reverberated through
The Red Sea, a vital route for global trade, finds itself amid escalating tensions due to relentless attacks by Houthi militants, jeopardizing the stability of
