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

Saudi Ports Authority (Mawani) has achieved historic progress in UNCTAD's Liner Shipping Connectivity Index for Q4 by scoring 79.01 points.

The situation in the Red Sea is a worrying development for international shipping and trade. The US-led initiative to form a multinational naval force could help to deter further attacks and ensure the safe passage of vessels.

Shipping industry leaders gather at COP28 in Dubai to discuss practical solutions for infrastructure, fuel availability, and financing, and how to prepare the maritime workforce for the transition to a low and zero-carbon emission economy.

MoU between Mitsui O.S.K. Lines, Ltd. (MOL) and DP World aims to improve vehicle logistics capabilities at Jebel Ali Port and decrease carbon emissions.

The Chamber has expressed deep concern over recent assaults on commercial vessels in the Red Sea and the Gulf of Aden.