With most Yemeni ports now under rebel control, or at least embroiled in violent conflict, shipping lines are pulling away from the country that’s devolved into chaos in past weeks.
Yemen
Yemen
27 Mar 2015
Yemen has shut down its major seaports after a series of airstrikes from neighboring Saudi Arabia against rebels fighting Yemen’s Western-backed government, according to various reports.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
09 May 2014
Multiple carriers have planned general rate increases in various trade lanes in May and June, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
20 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.
06 Aug 2013
The U.K. has issued the highest possible security alert to British shipping companies operating off the coast of Yemen, according to an expert, BigPond News reports.
21 Feb 2013
Hapag-Lloyd will increase rates for all cargoes and container types from East Asia, excluding Japan, to the Red Sea, by $500 per 20-foot-equivalent unit, effective March 15.
01 Feb 2013
Ocean carrier United Arab Shipping Co. will implement a general rate increase on all U.S. export cargo to the Middle East and Mediterranean, effective March 1. It will apply to all tariff ocean freight rates and service contracts.
Speakers:
Bob Andrews, Senior Vice President, CenterPoint Properties
