Maersk Kampala Containership on Fire Near the Suez [UPDATE]
Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The
Update: 30 August Maersk Lines’s containership, Maersk Kampala is still on fire this morning according to a statement on Maersk Line’s website. The
While the sizzling summer months are coming to a close and cooler weather is beginning to set in in the North East United States, political tension in the
Over 17,000 ships carried 928 million tons of cargo and almost 38 million TEUs through the Suez Canal in 2012. This man-made waterway is a critical artery in
Rates to ship liquefied natural gas and petroleum products would jump if turmoil in Egypt disrupts the Suez Canal, extending the historical effect on crude-oil
July 8 (Bloomberg) — West Texas Intermediate crude fluctuated near a 14-month high as U.S. equities climbed while ship traffic in Egypt’s Suez
Egypt's ports and its strategic Suez Canal were operating normally on Friday with no disruption to cargo traffic, two shipping sources and a canal official
The Suez Canal waterway is completely secure and the rate of ships passing through is normal, the head of the Suez Canal Authority Mohab Memish said in a
Egypt’s military increased patrols of the Suez Canal, securing the waterway handling about 8 percent of global maritime commerce, as protests escalate
Growing turmoil in Egypt is threatening to disrupt shipments through the Suez Canal and increase the costs for shipping lines as Cairo's cash-strapped
Tolls to rise 5 percent on oil tankers and petrochemical products and 2 percent for container ships and car
By Jonathan Saul and Asma Alsharif LONDON/CAIRO, March 20 (Reuters) – When it raises tolls in May, Egypt’s Suez Canal Authority will know that fuel
(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the
Ships transiting the Suez Canal, which handles about 8 percent of world trade, slid by 16 percent last month amid riots that led the Egyptian military to
With the shipping industry facing its toughest market conditions seen in about a quarter century, the London-based International Chamber of Shipping (ICS)
(Bloomberg) — Egypt’s army is maintaining shipping services through the Suez Canal, which handles about 8 percent of world trade, amid unrest
With a population of 84 million, Egypt has the largest population of all of the Arab nations, and in 2011 reported a GDP $232 billion. The country is also
NEW MALDEN, England — Northrop Grumman Corporation’s (NYSE: NOC) Sperry Marine business unit has won orders to supply navigation equipment to the
ISTANBUL (Dow Jones)–Turkey will build a new canal connecting the Black Sea with the Marmara Sea to reduce traffic in the Bosporus, one of the
Mariners have been using man made canals since the time of Mesopotamia. Here is a look at five famous and historic canals from around the world. Panama Canal-
CAIRO (AFP)–Two Iranian naval ships entered the Suez Canal on Tuesday, a canal source said, en route to Syria on a purported training mission that Israel
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