suez canal closure impact

By Mike Wackett (The Loadstar) – The knock-on effects of the blockage of the Suez Canal is likely to impact North Europe supply chains until June.

By Yusri Mohamed and Jonathan Saul CAIRO, April 13 (Reuters) – A ship that blocked the Suez Canal for almost a week in March is being held in the

By Jonathan Saul and Carolyn Cohn LONDON, April 8 (Reuters) – Reinsurers are set to foot most of the bill for the grounding of the ship that

By Mike Wackett (The Loadstar) – There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the

By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES, April 8 (Reuters) – A backlog of container ships carrying consumer goods has grown in some key

By Mike Wackett (The Loadstar) – The main container ports in North Europe were eerily quiet at the weekend, due to the almost week-long blockage of the

By Nadeen Ebrahim and Patrick Werr ISMAILIA, Egypt, April 6 (Reuters) – The Suez Canal Authority is considering expanding the southern section of the

AIRO, April 3 (Reuters) – All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the

CAIRO, April 2 (Reuters) – The Suez Canal said on Friday it was close to clearing a backlog ofshipping that built up when a giant container ship was

The world’s top shipping line Maersk is urging congested U.S. East Coast ports to use the Suez Canal delays to clear cargo from terminals. With shipping

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report

By Jonathan Saul and Patrick Werr CAIRO, April 1 (Reuters) – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is

By Tarek El-Tablawy (Bloomberg) — Egypt said it may seek around $1 billion in compensation after the giant containership Ever Given blocked the Suez

by Carolyn Cohn (Reuters) – The recent blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine

By Mike Wackett (The Loadstar) – Ocean carriers have been warned not to take advantage of the capacity crunch resulting from the Suez blockage to

By Nadeen Ebrahim ISMAILIA, Egypt, March 30 (Reuters) – The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship

Brendan Murray (Bloomberg) – Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions

By Aaron Clark, Cindy Wang, Ann Koh and Verity Ratcliffe (Bloomberg) — The Suez Canal may be open again, but the battle over damages from the

By Jonathan Saul and Carolyn Cohn LONDON, March 29 (Reuters) – The owners and charterers of ships unable to sail through the

COPENHAGEN/LONDON, March 29 (Reuters) – The stranding of a container ship in the Suez Canal has created disruptions in the global shipping industry that