The resolution also called on the Houthis to release the Galaxy Leader, a Japanese-operated car carrier linked to an Israeli businessman that was commandeered by the group November 19.

BIMCO says record deliveries could push container fleet above 30 million TEU in 2024, with another 3 million TEU scheduled to be delivered 2025-2026.

John Bowermaster’s movie makes a compelling argument for figuring out how to send non-perishable goods by wind and water.

ShippingWatch said the pact would involve shipping companies agreeing to not go to Israel in return for being allowed through safely.

The new offering, consisting of nine vessels, will provide the Georgia Ports Authority with access to ten services via the Suez Canal, including nine routes to the Indian subcontinent.

Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift

Russia says it regards all cargo ships in the Black Sea bound for Ukraine as potential military targets, and mines remain a constant threat.

The Chinese military has held major military drills around Taiwan twice since August 2022 because President Tsai Ing-wen met senior U.S. lawmakers.

By contrast, both Maersk and CMA CGM said they were devising plans to gradually increase the number of ships they send through the Suez Canal.

Other shipping giants including Mediterranean Shipping Company (MSC), CMA CGM and Hapag-Lloyd have also been avoiding the Red Sea route because of the increased threat of attacks.