Maersk Line Ships Will No Longer Transit Panama Canal
(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the
(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
The following update was issued today, February 9, by BIMCO: General advice Operations can in most cases continue, but be aware of potential disruptions due to
According to Ahram Online, over 6,000 Suez Canal Company workers from the cities of Suez and Ismailia began an open-ended sit in today in front of the
In this podcast, the Journal of Commerces Dana L. Brundage talks with Senior Editor of Finance and Economics for the JOC, Joseph Bonney, about the current
Vessels at Egypt’s port of Suez are unable to pick-up military escorts for protection through the pirate-prone Gulf of Aden due to the unrest in the
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