The risk of continuing operations through the Red Sea and the Gulf of Aden region prompted the project heavy-lift carrier, AAL Shipping to increase its Emergency Red Sea Surcharge (ERSS). AAL decided to introduce a...Read more
The United Nations Conference on Trade and Development (UNCTAD) has expressed serious concerns regarding the increasing disruptions to global trade. UNCTAD has stated that a complex crisis affecting vital trade routes has arisen due to...Read more
The European Parliament has adopted a resolution condemning recent attacks on commercial shipping in the Red Sea. They are calling for immediate and concerted EU efforts, including a naval operation, receiving support from the European...Read more
The Red Sea crisis shows no signs of easing as A.P. Moller – Maersk pauses all transits through the region ‘for the foreseeable future’ and ocean freight shipping rates continue to surge. The latest data...Read more
MSC said its container ship MSC United VIII was attacked on December 26 while transiting the Red Sea, having to engage in evasive manoeuvres. The vessel informed a nearby coalition task force warship of the...Read more
The situation in the Red Sea and the Gulf of Aden is a quickly changing one and the shipping giant Maersk has voiced its readiness to resume transiting the Suez Canal and the Red Sea. Read more
The project heavy-lift carrier, AAL Shipping has decided to introduce an Emergency Red Sea Surcharge (ERSS) for any affected AAL sailings through the Red Sea. The decision has been made in light of the escalating...Read more
Shipping majors Hapag-Lloyd and CMA CGM have decided to declare Force Majeure on sailing the Red Sea. Hapag-Lloyd’s vessel Al Jasrah, has recently come under attack by the Houthi militia, prompting the company to make...Read more
7 Worldwide Logistics (7WL) Bremen project team has handled the deliveries of Gensets and other parts from Europe, China and India, to Saudi Arabia.Read more
7 Worldwide Logistics’ (7WL) team in Bremen transported 10 Units of Secondary Quench Exchanger, some spare parts, and lifting devices, on behalf of a producer of Heat Exchangers, in the oil and gas sector. The...Read more