Shipping | Euronews

English

Yemen

Commercial ship damaged in suspected Houthi attack in the Red Sea

The private security firm Ambrey identified the ship involved as a Liberia-flagged container ship bound for Qingdao, China.

Business

European ports turned into car parks as EV makers hunt buyers

Sales of electric cars in Europe are relatively low, but it is just one reason why the vehicles are piling up in Europe's major ports.

Earth News

How much damage is ‘scrubber water’ doing to Europe’s Baltic Sea?

Shipping companies have recouped the cost of ‘scrubber’ tech and are now benefiting from dirtier fuel, researchers have revealed.

Climate

El Niño blamed for drought that snarled Panama Canal

Low rainfall saw the Panama Canal Authority restrict the number and size of ships passing through the canal.

ADVERTISEMENT

Europe News

Shipping firms plead for UN help amid escalating Middle East conflict

The world's shipping industry has called on the United Nations to provide military protection for vessels operating in the Middle East after the latest seizure of a container ship by Iran, although much commercial traffic between Asia and Europe has already been re-routed around Africa.

USA

US Coast Guard allows some barges and tugs to pass through the channel

The owner and manager of the container ship that crashed into a supporting column one week ago are taking legal action to limit liability.

Scenes

Watch: Sailcargo Inc. making waves in the shipping industry in Costa Rica

In partnership with Media City

It's all hands on deck as Sailcargo Inc. helps move shipbuilding towards a sustainable future.

Economy

How could Baltimore's bridge collapse impact global supply chains?

Baltimore’s bridge accident could lead to automobile supply chain delays for several companies including Nissan, Ford and Jaguar Land Rover, among others.

Earth News

Member states back exempting shipping from EU microplastic rules

Environment ministers argue that responsibility should fall under the scope of the International Maritime Organisation (IMO).

Climate

Why is transport the ‘problem child’ of Europe’s climate efforts?

Aviation emissions have doubled in the last 30 years - faster than any other transport sector.

Earth News

Lawmakers agree tougher standards to tackle marine pollution

Satellite monitoring is a key aspect of the bill meant to prevent spills in the sea.

Yemen

Euroviews. The Houthis are the epitome of 21st-century non-state actors

The Houthi resistance against a coalition of regional and even far-off powers has only fueled their reputation, transforming them from a marginalised local group to an influential regional actor, Hafed Al-Ghwell writes.

Economy

Red Sea shipping disruptions could further fuel inflation, EBRD warns

Prices are likely to soar as the main route for one-tenth of the global seaborne trade is under constant fire.

Business

Euroviews. The Red Sea conflict may see Europe's economic concerns heighten

All the goods and merchandise travelling by container will not only reach their destination late but prices will now reflect increased costs. This will mean higher prices on shelves which, in turn, will lead to an overall increase in inflation, Osama Rizvi writes.

Economy

Red Sea trade route still months away from safety, says Maersk boss

Trade in the Red Sea has significantly reduced ever since the start of the Houthi conflict and could still be several months away from returning to normal levels.

Yemen

UN condemns Houthi rebel attacks on Red Sea shipping

A new resolution demands Houthis stop their attacks immediately, saying they impede global commerce, undermine shipping freedoms and regional peace and security.

Markets

Will shipping stocks rally caused by Red Sea woes last?

Shares of major European maritime shippers such as Maersk and Hapag-Lloyd have substantially surged in value due to Red Sea disruptions, with increased costs passed on as higher freight rates. Goldman Sachs and J.P Morgan analysts discuss whether this trend is likely to last.

Business

Shipping giant Maersk prepares to restart operations in Red Sea

Denmark's Maersk, like several other shipping companies, had paused Red Sea journeys due to Houthi attacks in the area.

Business

BP pauses oil cargo on Red Sea as missile attacks affect global trade

Global trade is suffering a major setback from missile attacks in the Red Sea, where 10% of the world's seaborne trade passes through.

Yemen

Shipping companies abandon Red Sea routes over Houthi attacks

The decision comes as a British destroyer shoots down a 'suspected attack drone' in the ocean which lies between Asia and Africa.