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HMM SHIPPING COMPANY
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea saysSouth Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Ho...- US fights to reopen the Strait of Hormuz as the UAE comes under attack in a test of Iran truceThe United States said it reopened a shipping lane in the Strait of Hormuz after engaging Iranian forces, sinking six boats that were targe...
- Global shipping industry caught in storm of warGlobal trade faces significant disruption as the war in the Middle East closes the Strait of Hormuz. This vital shipping lane's closure imp...
- Why is Dow Jones down today: Dow crashes more than 270 points today – S&P 500 and Nasdaq also in deep redWhy is Dow Jones down today: Dow Jones Industrial Average dropped 271.87 points on Thursday, falling 0.55% to close at 49,390.79. The S&P 5...
- They're stuffed animals. They're also AI chatbots.Curio creates AI-powered stuffed toys like Grem that converse with children, promoting screen-free play. Marketed as helpful sidekicks, the...
- Maersk, Hapag-Lloyd team up in shakeup of ship alliancesThe announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipp...
- Shipping industry grapples with ways to cut cargo fires at seaIn its 2022 safety and shipping review, analysis by major insurer Allianz Global Corporate & Specialty showed there had been over 70 report...
- Rising freight rates: Shipping lines told to be transparent on leviesThe government Thursday asked container shipping lines to be transparent in their levy of various charges and accept payment in free foreig...
- The world economy’s supply chain problem keeps getting worseThe cost of sending a container from Asia to Europe is about 10 times higher than in May 2020, while the cost from Shanghai to Los Angeles ...
- World’s longest short-selling ban coming to an endSouth Korea, like many countries around the world, banned short-selling to tame markets hit by the pandemic early last year.
- Shipping lines rerouting vessels as Suez remains blocked“There will be port charges for the cargo which is offloaded at these ports,” said Ramkumar Govindarajan, chief executive officer of Wiz Fr...
- Ships turn toward Africa on concerns Suez blockage to last weeksTwo liquefied natural gas tankers loaded in the U.S. and bound for Asian markets appear to have changed course in the mid-Atlantic and are ...
- Global shipping turmoil expected to calm down by mid-yearShipping firms such as South Korea’s HMM Co. are ordering more containers to address an acute shortage, with cargo stuck at warehouses long...
- Freight-cost pain intensifies as pandemic rocks ocean shippingIndia was also caught up in the freight-rate issue, but its export lobby group said that the container shortage has eased to some extent on...
- Surging shipping rates pose new headwind for the global economyJust a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added...
- Weekly roundup of the wackiest whispers and murmursET's weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
- Drop in container volumes at Gujarat Pipavav port seem to be a short term phenomenonEconomic slowdown and change in shipping lines have led to a drop in container volumes at Gujarat Pipavav Port.
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