Join our crew and become one of the 107,353 members that receive our newsletter.

suez canal

Thursday, July 18, 2024

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

21 hours ago
Total Views: 171

Tuesday, June 11, 2024
AFIF Hapag-Lloyd

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: 3357

Sunday, June 2, 2024
An EUNAVFOR warship escorts a merchant vessel in the Red Sea

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: 4405

Wednesday, May 15, 2024
Hapag-Lloyd Raises Lower End of Outlook on Strong Shipping Demand

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: 1153

Monday, March 11, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

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: 2360

Monday, March 4, 2024
Container ships on Suez Canal.

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: 3136

Friday, February 9, 2024
Bulk carrier Aroyat and general cargo vessel Resilient Africa arrives to the sea port of Chornomorsk. Photo September 16, 2023. REUTERS/Stringer.

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: 1035

Friday, January 26, 2024
UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade

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: 1007

Thursday, January 18, 2024
Container ships on Suez Canal.

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: 6012

Wednesday, January 17, 2024
Convoy of ships in the Suez Canal

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: 4794

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

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: 6612

Sunday, January 14, 2024
German Frigate FGS_Sachsen_Anhalt

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: 8307

Sunday, January 7, 2024

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: 4840

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 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: 4469

Sunday, December 17, 2023
US Navy Ship USS Carney transiting the Suez Canal

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: 4253

Saturday, December 16, 2023

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: 6138

Wednesday, December 6, 2023
Photo of the ONE Orpheus grounding from social media.

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: 13270

Wednesday, November 29, 2023
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana

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: 2713

Friday, October 20, 2023
US Navy amphibious transport dock ship in the Middle East transiting the Suez Canal

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: 11850

Wednesday, August 23, 2023
photo of the BW Lesmes courtesy Suez Canal Authority

Suez Canal Resumes Normal Traffic After Collision

CAIRO, Aug 23 (Reuters) – Traffic through the Suez Canal has resumed normally, the canal authority said on Wednesday, hours after a collision

August 23, 2023
Total Views: 2555


Maritime and offshore news trusted by our 107,353 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.