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Global Gateways: Page 51

ZIM Launches Service Connecting U.S., Canada and Asia
The service commenced operations January 21 from Cai Mep, Vietnam with a rotation that goes to Yantian, Kaohsiung, Xiamen, Ningbo, Shanghai, Vancouver, Pusan and then back to Cai Mep.
Photo: iStock.com/SHansche
Continued Red Sea Attacks Could Cause Inflation, Shipping Rates to Rise
Mohamed El-Erian, the former CEO of the investment management firm PIMCO, warned that shipment disruptions caused by Houthi attacks could cause shipping costs to increase while hindering global economic growth.
Photo: iStock / IgorSPb
Port of LA Ends 2023 with Five Straight Months of YoY Growth
The Port of Los Angeles ended up handling roughly 8.6 million TEUs in 2023, a 13% drop off when compared to 2022.
Los Angeles, California. Photo: iStock.com/wpd911
ONE Launching Service Between Georgia and West India
The new offering, consisting of nine vessels, will provide the Georgia Ports Authority with access to ten services via the Suez Canal, including nine routes to the Indian subcontinent.
Savannah, Georgia. Photo: iStock.com/Wirestock
Commercial Suez Canal Traffic Down Almost 60% Since Houthi Attacks Began
Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift
Suez Canal. Photo: iStock.com/Peter Schaefer
U.S.-Led Military Coalition Issues Final Warning to Houthis
Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones, as well as storage facilities for ammunition.
Ismailia, Egypt. Photo: iStock.com/vale_t
Maersk Again Pauses Red Sea Operations After Houthi Attack
The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.
Photo: iStock.com/Marius Steinke
Cargo Ship Damaged by Russian Mine in Black Sea, Ukraine Says
Russia says it regards all cargo ships in the Black Sea bound for Ukraine as potential military targets, and mines remain a constant threat.
Photo: iStock.com/IherPhoto
Philippines Attracts Four Bidders for $3 Billion Manila Airport Upgrade
The project involves upgrading of terminals, increasing of capacity to up to 62 million passengers annually, and improving technology infrastructure.
Photo: Bloomberg
Hapag-Lloyd Says Red Sea Route Still Too Dangerous
By contrast, both Maersk and CMA CGM said they were devising plans to gradually increase the number of ships they send through the Suez Canal.
Hamburg, Germany. Photo: iStock.com/n_prause
Maersk Prepares to Resume Shipping through Red Sea
Other shipping giants including Mediterranean Shipping Company (MSC), CMA CGM and Hapag-Lloyd have also been avoiding the Red Sea route because of the increased threat of attacks.
Photo: iStock.com/Marius Steinke
Gebrüder Weiss Opens Third Australian Location
The company said that it is planning to open additional locations in northern and western Australia in order to provide “blanket coverage” for the entire continent.
Brisbane, Australia. Photo: iStock.com/f11photo
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