Over 60% of Seatrade Maritime News readers expect the container shipping market to take three or more years to recover from its current downturn.

DP World and the Union of African Chambers of Commerce, Industry, Agriculture, and Professions (UACCIAP) have partnered with an aim to enhance intra-Africa trade.

With continued attacks on ships in the Red Sea the International Transport Workers Federation (ITF) says the safety of seafarers should be paramount, as Ocean Network Express (ONE) becomes the latest to say it is avoiding the region.

Continued attacks on commercial shipping in the Red Sea, including a missile strike on a Norwegian chemical tanker, have prompted more vessel operators to halt Suez transits or divert vessels around the African Cape.

South Korea’s HMM is the latest container line to say it is rerouting all vessels from the Red Sea due attacks on shipping by Yemeni Houthi militia.

Geopolitical and meteorological events are continuing to reshape global container shipping trading patterns as vessels look for alternatives to all water routes via the Suez and Panama Canals.

The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.

As Houthi militia in Yemen step up attacks on shipping in the Red Sea the International Chamber of Shipping (ICS) and the World Shipping Council (WSC) have called for urgent action.

MSC, CMA CGM, Maersk, and Hapag-Lloyd have all paused their vessels transiting the Red Sea and are rerouting via the Cape of Good Hope as Houthi militia step up attacks on commercial shipping.

Houthi militia missile and drone attacks on merchant ships sailing through the Red Sea and the Gulf of Aden could spark a global supply chain crisis