Three years after Houthi missiles drove the world’s container fleets southward, the Cape of Good Hope has graduated from emergency detour to default corridor. Brussels has yet to grasp the consequences
Angelos Karakostas arrived at Delphi with record revenues and previewed unreleased quarterly data. The full-year 2025 results, read carefully, tell a rather different story
From the pandemic to the Black Sea, the Red Sea, and now the Strait of Hormuz, the sea is no longer the stable space of circulation that global trade once took for granted
When the map becomes the business model, shipping stops pricing distance and fuel and starts pricing access, leverage, and geopolitical exposure, as routes evolve from neutral corridors into strategic assets shaping costs, risk, and reliability
The resilience of global shipping routes reasserts itself as Maersk cautiously returns vessels to the Red Sea, pressing the slow revival of the Suez Canal corridor amid lingering security concerns and cost dynamics reshaping world trade
Maersk, COSCO, Hapag-Lloyd and ZIM pursue radically different strategies as container shipping profits plummet 56% in Q2 2025, with Red Sea disruptions and U.S. tariffs reshaping global trade dynamics
From August 23–29, 2025, maritime markets weathered a perfect storm as freight rates collapsed, regulators detonated bombshells, billion-dollar bets reshaped fleets, and geopolitical flashpoints kept global shipping on the edge