suez canal

A.P. Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating

Global container liners are bracing for lower profits in 2026 as the potential reopening of the Red Sea shipping route weighs on freight rates, exacerbating

French carrier’s U-turn on Suez transits jolts shipper confidence and reopens questions about whether Red Sea stability is real—or just another false dawn.

Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in

After more than two years of avoiding the Red Sea, the world’s leading container lines are inching back to the vital lane for east-west trade and indicating

Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of

A.P. Moller-Maersk A/S has safely sailed another ship through the southern part of the Red Sea, its second successful attempt after most shipping lines have

Two vessels from CMA CGM, the world's third-largest container shipping line, have traveled through the Suez Canal, the authority that runs the waterway said

Danish shipping company Maersk MAERSKb.CO announced on Friday that one of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait for the

Danish shipping company Maersk MAERSKb.CO said on Wednesday it had no specific timeline for when it would resume sailings through the Red Sea for its

A liquefied natural gas tanker that’s part of a shadow fleet of vessels that helps Russia skirt sanctions is heading toward the Suez Canal, after sailing

The Suez Canal Container Terminal in East Port Said has officially opened a major expansion that adds 2.2 million TEUs of annual capacity, bringing the

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the

The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker Dignity, stating that the

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

Maersk shares fell on Thursday on expectations a Gaza ceasefire deal could eventually restore container shipping routes through the Red Sea and Suez Canal,

Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back

By María Paula Mijares Torres Apr 26, 2025 (Bloomberg) –President Donald Trump called for “free of charge” passage of American ships through

By Prejula Prem Mar 21, 2025 (Bloomberg) –A pause in Houthi attacks on commercial shipping has seen fuel traders import more cargoes into Europe via

By Salma El Wardany Feb 23, 2025(Bloomberg) –Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of