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COSCO stops calling at Israeli ports, disquiet continues as carriers keep hiking rates

Six small craft approach merchant vessel within 1NM; Maersk announces peak season surcharge

Maersk decides to divert all vessels around Cape of Good Hope for foreseeable future.

Freight rates nearly double but carriers have capacity to address diversions & longer voyages compared to pandemic yrs

Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week

Iranian-backed Houthi small boats attack merchant vessel and U.S. Navy helicopters in Southern Red Sea

U.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships

MSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope

"Operation Prosperity Guardian set up & deployed to allow maritime commerce to pass through Red Sea/Gulf of Aden"

Attack follows a drone attack on crude carrier near Veraval, Gujarat

MSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions

~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport