When a missile fired by Yemen's Houthi Islamists landed near his ship in the Red Sea, Costas Rassias vowed to stop sailing through the perilous waters."I froze," said the Greek 34-year-old second class marine engineer, describing the close call. "I weighed what was more important - my life, or a better income?"As attacks on merchant ships by the Iran-backed Houthis persist
Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat.Others, however, say hurdles would loom for any bid to use the 1977 Panama Canal Neutrality Treaty
A bipartisan group of U.S. senators on Tuesday expressed alarm at China's influence on the Panama Canal, which President Donald Trump has vowed the United States would take back."Chinese companies are building a bridge across the canal – at a slow pace so as to take nearly a decade – and control container ports at either end
Ocean Network Express (ONE) has announced its Transpacific service starting from February 2025 which will deploy 16 core weekly services.“The emphasis will be on quality end-to-end direct services with high schedule reliability. The core products will include sufficient sea speed buffers and are designed so that the impact of Hapag's departure in 2025 will have a minimal impact on ONE's network