Jan 17 (Reuters) – Attacks on shipping vessels in the Red Sea and the resulting diversion of freight could lead to a shortage of shipping containers in Asia in the coming weeks, the chief executive of DHL Tobias Meyer said on Wednesday.
Such a shortage could occur because the containers may not be transported back to Asia in sufficient quantities, Meyer said at a panel discussion in Davos.
“We have to keep an eye on that,” he said, adding however that the current situation cannot be compared with the supply chain difficulties three to four years ago.
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil markets in history, with supply expected to fall by about 8 mi...
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European Commission President Ursula von der Leyen told the European Parliament today that in just ten days of conflict in the Middle East, fossil fuel imports have cost the EU an additi...
The Socialists and Democrats (S&D) Group in the European Parliament has demanded urgent clarification from the European Commission over its participation in the first meeting of the ...
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
Air freight rates have risen by as much as 70% on some routes since the start of the U.S.-Israeli war on Iran, data shows, as the conflict limits flights, blocks some ocean shipments an...
Vivian continues to widen its portfolio with the announcement of new representation agreements with worldwide R&D pharmaceutical companies. “These latest agreements crown a very succ...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
The EU’s Emissions Trading System (ETS) was already highly unfair to Malta as an island state, placing heavy pressure on the international trailer operators that sustain Malta’s connecti...
Malta Employers has officially launched TalentSync, an initiative aimed at strengthening the alignment between workforce skills and the evolving needs of industry. At a time when many em...
Iran’s military command warned that oil prices could surge to $200 a barrel as tensions escalate in the Gulf, where three more ships have reportedly been struck amid the blockade of the ...
The United States and Israel exchanged air strikes with Iranian military targets across the Middle East, as Tehran warned that its security forces had their “fingers on the trigger” to c...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Ukraine will complete the technical work needed to open negotiations on all topics for its European Union accession process within days, President Volodymyr Zelenskiy said.
Zelenski...
More than 1,700 Africans are fighting for Russia in its war in Ukraine, Ukrainian Foreign Minister Andrii Sybiha said, adding that Moscow was using deception to trick them into fighting....
