Suez Canal Reports Biggest Recovery in Vessel Traffic Since Red Sea Crisis Began
The Suez Canal Authority is reporting significant progress in its recovery from vessel diversions due to the Red Sea crisis, with October marking the highest
The Suez Canal Authority is reporting significant progress in its recovery from vessel diversions due to the Red Sea crisis, with October marking the highest
By Brendan Murray (Bloomberg) — The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the
By Alex Longley and Yongchang Chin Jun 21, 2025 (Bloomberg) –The oil market has been wrestling for days with Donald Trump’s next act in an
By Julian Lee Apr 4, 2025 (Bloomberg) –Three Greek oil tankers are going on detours of thousands of miles to deliver crude from Russia’s Baltic
The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to liner
Aug 8 (Reuters) – Euronav expects a rise global sea trade this year driven by the rerouting of Red Sea shipping though a change in the U.S.
PARIS, July 25 (Reuters) – Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its
LOS ANGELES, July 19 (Reuters) – Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com’s Prime Day
By Giulia Paravicini MOGADISHU (Reuters) – Somali President Hassan Sheikh Mohamud said his country would “defend itself” if Ethiopia goes
U.S. ports, particularly on the West Coast, could see a surge in cargo volumes in the coming weeks as shippers re-route cargo to avoid Red Sea disruption from
COLOMBO, Jan 29 (Reuters) – Six crew members of a Sri Lankan fishing trawler hijacked by suspected Somali pirates have been rescued, Sri Lankan
By Marwa Rashad and Pietro Lombardi LONDON/MADRID, Jan 25 (Reuters) – Qatar, one of the world’s largest liquefied natural gas (LNG) exporters,
(Bloomberg) As the US and UK launch airstrikes to stop Iran-backed Houthi rebels from attacking ships in the Red Sea, China again finds itself happily sitting
By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the
By Christian Wienberg (Bloomberg) The shipping industry in Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing
By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson
LOS ANGELES, Dec 28 (Reuters) – Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other
By Brendan Murray and Alex Longley (Bloomberg) Half of the containership fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now
By Salvatore R. Mercogliano, Ph.D. (Opinion) – Maersk Gibraltar is not a remarkable containership for 2023. She pales at 10,100 TEUs (twenty-foot
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