Shipping

Zim ends 2024 with $2.15 billion profit, beating analyst expectations

Zim’s strong financial performance was driven by rising freight rates and increased demand.

Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal

The experts pointed to an email, seen by Reuters, from the group postponing a planned security briefing that had been due to take place in the coming days as a possible signal.

By REUTERS
16/01/2025

Your Taxes: Tax Authority takes the fizz out Of Coca Cola

This case decision could disrupt Israeli imports more than the Houthis.

By LEON HARRIS
23/12/2024

Houthi attacks drive calls to UK's maritime emergency services up by over 80%

Since the beginning of Houthi attacks on international shipping last year, calls to the UKMTO have risen by 86%.

US to probe Spanish port for reportedly refusing shipments of arms to Israel

The Spanish transport minister admitted in May that the the Danish-flagged ship Marianne Danica was denied port entry for "carrying weapons to Israel."

ZIM reports $1.13 billion net profit in Q3 , driven by record cargo volume

ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections.

New intimidation tactic: Houthis begin emailing threats to German shipping companies

The Iran-backed Houthi terrorists, who have launched numerous maritime attacks over the past year, have added a new tactic to their arsenal: Emails. 

Prepare to be attacked: Houthis warn shipowners in new phase of Red Sea campaign

The Houthis have carried out nearly 100 attacks on ships crossing the Red Sea since November, acting in solidarity with Hamas in Gaza.

By REUTERS
03/10/2024

Illegal handling fees for FedEx shipments to Israel

Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.

13/09/2024
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