Tag: Maersk Line

Cargo Ships Are Increasingly Common in Baltimore’s Port

The collapse of the Francis Scott Key Bridge has brought the Port of Baltimore, an important trade hub, to a halt. The port handled a record amount of cargo last year, making it the 20th biggest port in the nation ranked by total tons, according to the Bureau of Transportation Statistics. It ranks first in […]

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U.S. and British Forces Fend Off Houthi Attack in Red Sea

The United States and its allies are weighing how to stop attacks on commercial ships in the Red Sea after American and British officials said on Wednesday that their navies had intercepted one of the largest barrages yet of drones and missiles fired from an area controlled by the Houthis, an Iranian-backed group in Yemen. […]

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Red Sea Attacks Leave Shipping Companies With Difficult Choices

The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if they are willing to risk attacks by the Houthi militia in Yemen and to bear the cost of sharply […]

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Red Sea Attacks Add Another Snarl to Global Shipping

The war between Israel and Hamas has so far not had a major impact on the global economy. But a wave of attacks against merchant ships in the Red Sea could change that in a big way. The Houthis, an armed group backed by Iran that controls much of northern Yemen, have been using drones […]

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