The Gradual Return of Ships to the Red Sea Hits a Key Milestone
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
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
CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to
Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s
Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by
Liquid natural gas producers have been avoiding the Red Sea for much of 2024 amid continuous attacks by Houthi militants. This may now be changing as the first
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