Shipping boss says ongoing Red Sea disruption could have 'significant consequences' for global growth
https://www.cnbc.com/2024/01/11/maersk-shipping-boss-says-red-sea-disruption-could-hit-global-growth.html
Jan 11, 2024 - Maersk CEO Vincent Clerc said it was unclear whether Red Sea trade would resume in "days, weeks or months."
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Sea Limited Sponsored ADR (SE) Rises Higher Than Market: Key Facts
https://www.zacks.com/stock/news/2208518/sea-limited-sponsored-adr-se-rises-higher-than-market-key-facts?cid=CS-ZC-FT-tale_of_the_tape|yseop_template_6v1-2208518
Jan 10, 2024 - In the closing of the recent trading day, Sea Limited Sponsored ADR (SE) stood at $38.39, denoting a +0.66% change from the preceding trading day.
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Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks
https://www.cnbc.com/2024/01/10/global-shipping-rates-set-to-surge-as-carriers-avoid-red-sea.html
Jan 10, 2024 - Vessels aren't able to come back to Asia in time, and ocean carriers are canceling sailings on short notice, Honour Lane Shipping told clients.
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W&T Offshore: Charting A Course Through Oil's Choppy Seas
https://seekingalpha.com/article/4661239-w-and-t-offshore-charting-a-course-through-oils-choppy-seas?source=feed_all_articles
Jan 04, 2024 - W&T Offshore faces challenges including declining production and earnings, and dependency on fluctuating oil and gas prices. Read more on WTI stock here.
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Red Sea ship attacks send ocean freight rates soaring
https://seekingalpha.com/news/4052177-red-sea-ship-attacks-send-ocean-freight-rates-soaring?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
Jan 03, 2024 - Houthi rebel attacks on ships in the Red Sea have led to a surge in ocean freight rates, as vessels reroute around Africa, adding costs and time to voyages.
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Maersk's Red Sea shipping pause highlights challenges for U.S.-led efforts to protect trade
https://www.cnbc.com/2024/01/02/maersk-red-sea-pause-shows-operation-prosperity-guardian-limits.html
Jan 02, 2024 - Maersk's decision to pause Red Sea and Gulf of Aden transits until further notice underscores the difficulty for the U.S.-led Operation Prosperity Guardian.
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Shippers have already diverted over $80 billion in cargo from the Red Sea amid fears of attacks
https://www.cnbc.com/2023/12/19/shippers-divert-35-billion-in-cargo-from-red-sea.html
Dec 20, 2023 - Carriers are re-routing vessels as a direct result of 15 strikes in the Red Sea since the start of the Israel-Hamas war in October.
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BP Halts Red Sea Voyages Amid Rising Geopolitical Tensions
https://www.zacks.com/stock/news/2199807/bp-halts-red-sea-voyages-amid-rising-geopolitical-tensions?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2199807
Dec 19, 2023 - BP joins other major companies in pausing all tanker transits through the Red Sea, altering shipping routes for safety and security.
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Wall Street Breakfast: On The High Seas
https://seekingalpha.com/article/4658424-wall-street-breakfast-on-high-seas?source=feed_tag_wall_st_breakfast
Dec 18, 2023 - The article discusses the potential impact of geopolitics on financial markets in 2024, Canada's new zero-emission car mandate, Illumina's plan to divest Grail, and CBO's inflation outlook.
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MSC, the world's largest shipping carrier, joins shipping giants Hapag-Lloyd and Maersk in Red Sea travel pause amid attacks
https://www.cnbc.com/2023/12/15/shipping-giants-hapag-lloyd-and-maersk-pause-red-sea-travel.html
Dec 16, 2023 - Iranian-backed Houthi militants from Yemen have attacked container ships amid Israel's war with Hamas.
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