suez canal


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: 3430

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: 4515

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: 1214

Monday, March 11, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
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: 2505

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: 3216

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: 1106

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: 1100

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: 6061

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: 4903

Monday, January 15, 2024
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: 6678

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: 8356

Sunday, January 7, 2024
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: 4905

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: 4528

Sunday, December 17, 2023
US Navy Ship USS Carney transiting the Suez Canal
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: 4344

Saturday, December 16, 2023
Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
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: 6252

Wednesday, December 6, 2023
Photo of the ONE Orpheus grounding from social media.
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: 13367

Wednesday, November 29, 2023
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
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: 2796

Friday, October 20, 2023
US Navy amphibious transport dock ship in the Middle East transiting the Suez Canal
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: 11949

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

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: 2636

Tuesday, August 22, 2023
An AIS screengrab from MarineTraffic.com showing the BW Lesmes and Burri after colliding in the Suez Canal. Image courtesy MarineTraffic.com
Accidents

Tanker and LNG Carrier Collide in Suez Canal

Update: The Suez Canal Authority is reporting that the incident has been resolved and Suez Canal operations have returned to normal. Earlier: An LNG carrier

August 22, 2023
Total Views: 18399