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suez canal


Sunday, October 20, 2024
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Blog

Would You Sail Through a War Zone? These Yachts Did—Here’s How They Survived The Red Sea

Yachting World is reporting that while missiles rain down on oil tanekrs and major shipping companies divert billions in cargo away from the Bab-el-Mandeb

October 20, 2024
Total Views: 2810

Thursday, July 18, 2024
Shipping

Suez Canal Revenue Drops as Some Shippers Shun Red Sea

July 18 (Reuters) – The Suez Canal’s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to

July 18, 2024
Total Views: 1488

Tuesday, June 11, 2024
Shipping

Hapag-Lloyd Sees Prolonged Red Sea Reroutings Regardless of Ceasefire

BERLIN, June 11 (Reuters) – German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal

June 11, 2024
Total Views: 3394

Sunday, June 2, 2024
Shipping

Ships Diverted From Red Sea Send Ripple Effects Across The Globe

By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last

June 2, 2024
Total Views: 4458

Wednesday, May 15, 2024
Shipping

Hapag-Lloyd Raises Lower End of Outlook on Strong Shipping Demand

FRANKFURT, May 15 (Reuters) – German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight

May 15, 2024
Total Views: 1180

Monday, March 11, 2024
Shipping

IMF PortWatch: Suez Canal Trade Cut in Half

Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent

March 11, 2024
Total Views: 2422

Monday, March 4, 2024
Shipping

Suez Canal Head Says Egypt Studying Further Expansion of Waterway

CAIRO, March 4 (Reuters) – Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the

March 4, 2024
Total Views: 3165

Friday, February 9, 2024
Shipping

More Grain Ships Diverted From Red Sea Due to Houthi Attacks

HAMBURG, Feb 9 (Reuters) – More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern

February 9, 2024
Total Views: 1062

Friday, January 26, 2024
Shipping

UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical

January 26, 2024
Total Views: 1035

Thursday, January 18, 2024
Shipping

Suez Canal Diversions Pile Pressure on Egypt’s Economy

CAIRO, Jan 18 (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from

January 18, 2024
Total Views: 6037

Wednesday, January 17, 2024
Shipping

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the

January 17, 2024
Total Views: 4831

Monday, January 15, 2024
Photo of Chinese Foreign Minister Wang Yi with Chinese flag
Shipping

China’s Suez Investments Face Uncertainty in Red Sea Crisis

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

January 15, 2024
Total Views: 6645

Sunday, January 14, 2024
Defense

Germany To Take Part In EU Red Sea Naval Mission

DUESSELDORF, Germany, Jan 14 (Reuters) – Germany is expected to participate in a European Union naval mission to protect shipping in the Red Sea that

January 14, 2024
Total Views: 8328

Sunday, January 7, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

War, Weather Put Ocean Shippers On Notice For Rough Seas In 2024

By Lisa Baertlein LOS ANGELES, (Reuters) – Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is

January 7, 2024
Total Views: 4864

Tuesday, December 19, 2023
A Yemeni Coast Guard boat sails near the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, off the coast of al-Salif, Yemen, December 5, 2023.
Shipping

Shipping Industry Braces for Long Haul Without Key Trade Route

By Alex Longley, Áine Quinn and Jack Wittels (Bloomberg) — The global shipping industry is bracing for the prospect of living without its most

December 19, 2023
Total Views: 4498

Sunday, December 17, 2023
Shipping

Egypt Reports 55 Ship Reroutes Since November Amid Tensions

by Yusri Mohamed, (Reuters) – Egypt’s Suez canal authority said on Sunday it was closely monitoring the impact

December 17, 2023
Total Views: 4285

Saturday, December 16, 2023
Shipping

MSC Ships Turn Away From Red Sea As Trade Disruptions Mount

By Brendan Murray Dec 16, 2023(Bloomberg) –MSC Mediterranean Shipping Co. SA, the world’s largest container line, joined competitors in

December 16, 2023
Total Views: 6191

Wednesday, December 6, 2023
Accidents

Containership ‘ONE ORPHEUS’ Refloated in Suez Canal After Grounding

Update: The ONE Orpheus is back underway after being refloated by tugs in the Suez Canal. AIS data shows she was aground for about 5 hours. CAIRO, Dec 6

December 6, 2023
Total Views: 13311

Wednesday, November 29, 2023
Shipping

Panama Canal Congestion Could Hit Suez

By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially

November 29, 2023
Total Views: 2758

Friday, October 20, 2023
News

LNG Tanker Departs Suez Canal Empty To Avoid War Risk Insurance Premium

By Anna Shiryaevskaya (Bloomberg) A liquefied natural gas vessel left an export terminal in Egypt either unloaded or only partially loaded, raising concerns

October 20, 2023
Total Views: 11885
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