Shipping firms respond to Houthi attacks in Red Sea
Recasts paragraphs 1; updates Hapag-Lloyd, Kuehne+Nagel, Maersk
July 2 (Reuters) -Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports.
Below are actions taken by some shipping companies (in alphabetical order):
CMA CGM
The French shipping group has suspended most Red Sea voyages but is still sending some cargoes on a case by case basis when French navy escorts are possible, Chairman and CEO Rodolphe Saade said on Feb. 29.
The company expects disruptions to commercial shipping to last months.
DIANA SHIPPING DSX.N
The company's vessels are avoiding the Suez Canal.
"Suez Canal transits are running about 40% below those seen during the first half of December last year. This is partially the result of several operators including ourselves avoiding the area," President Anastasios Margaronis said on Feb. 23.
EURONAV EUAV.BR
The Belgian oil tanker firm said on Dec. 18 it would avoid the Red Sea until further notice.
EVERGREEN 2603.TW
The Taiwanese container shipping line said on Dec. 18 its vessels on regional services to Red Sea ports would sail to safe waters nearby, while ships scheduled to pass through the Red Sea would be rerouted around Africa.
FRONTLINE FRO.OL
The Norway-based oil tanker group said on Dec. 18 that its vessels would avoid the Red Sea and the Gulf of Aden.
GRAM CAR CARRIERS GCC.OL
The Norwegian auto carrier said on Dec. 21 its vessels were restricted from passing through the Red Sea.
HAFNIA HAFNI.OL
The Norwegian shipping firm said on Jan. 12 it had halted all ships heading towards or within the Bab al-Mandab Strait.
HAPAG-LLOYD HLAG.DE
The German container shipping line, which in January decided to reroute its vessels around Africa until further notice, said on June 11 it did not expect the shipping industry to resume sailing in the Red Sea even if a ceasefire between Hamas and Israel was reached immediately.
It said on March 14 that the Red Sea disruptions and global vessel oversupply would force it to cut expenses in 2024, including adapting sailings.
HMM 011200.KS
The South Korean container shipper said on Dec. 19 it had ordered ships that would normally use the Suez Canal to reroute around Africa.
HOEGH AUTOLINERS HAUTO.OL
The Norwegian auto carrier said on Dec. 20 it would stop sailing via the Red Sea.
On Feb. 8, it said the disruptions were adversely impacting its capacity and volumes.
KLAVENESS COMBINATION CARRIERS KCCK.OL
The Norway-based fleet operator said on Jan. 16 it would not trade any of its vessels through the Red Sea until the situation improves.
KUEHNE + NAGEL KNIN.S
The Swiss logistics group said on March 1 it expects the impact from the Red Sea crisis to last into the coming quarters and impact its second-quarter operating profit in a low double-digit million Swiss francs range.
On April 23, CEO Stefan Paul said during a conference call that the company expected freight rates to normalise towards the end of the second quarter.
MAERSK MAERSKb.CO
The Danish shipping group, which suspended Red Sea traffic on Jan. 5 "for the foreseeable future", said on May 6 that the disruption to container shipping traffic was increasing and was expected to reduce the industry's capacity between Asia and Europe by some 15-20% in the second quarter.
On July 1, it said the upcoming months would be challenging for carriers and businesses, as disruptions continue into the third quarter. It had in May forecast that the disruptions would last at least until the end of 2024.
MSC
Mediterranean Shipping Company (MSC) said on Dec. 16 its ships would not transit through the Suez Canal.
NIPPON YUSEN 9101.T
Japan's biggest shipper by sales suspended navigation through the Red Sea for all vessels it operates, a spokesperson told Reuters on Jan. 16.
OCEAN NETWORK EXPRESS
The joint venture between Japan's Kawasaki Kisen Kaisha 9107.T, Mitsui O.S.K. Lines 9104.T and Nippon Yusen said on Dec. 19 it would reroute vessels from the Red Sea to the Cape of Good Hope or temporarily pause journeys and move to safe areas.
OOCL
The Hong Kong-headquartered container group said on Dec. 21 it had instructed its vessels to either divert away from the Red Sea or suspend sailing. It also stopped accepting cargo to and from Israel until further notice.
STAR BULK
Star Bulk's CEO said on Feb. 13 that the Greece-headquartered company would halt sailings through the Red Sea after Houthis attacked two of its ships.
TAILWIND SHIPPING LINES
The Lidl unit, which transports non-food goods for the discount supermarket chain and goods for third-party customers, said in December it was sailing around Africa for now.
TORM TRMDa.CO
The Danish oil tanker group said on Jan. 12 it had decided to pause all transits through the southern Red Sea for now.
WALLENIUS WILHELMSEN WAWI.OL
The Norwegian shipping group said on Dec. 19 it would halt Red Sea transits until further notice.
YANG MING MARINE TRANSPORT 2609.TW
The Taiwanese container shipping company said on Dec. 18 it would divert ships via the Cape of Good Hope for the next two weeks. It has given no further update.
Type of goods shipped via the Suez route https://tmsnrt.rs/3NBsrTC
Vessels re-routing around Africa https://tmsnrt.rs/3NVTcCz
Singapore port congestion shows global ripple impact of Red Sea attacks nL8N3IH07O
Compiled by Paolo Laudani, Izabela Niemiec, Jesus Calero, Louis van Boxel-Woolf, Tristan Veyet, Elsa Ohlen and Tomasz Kanik in Gdansk; Editing by Alexander Smith and Milla Nissi
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
