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SUEZ CANAL RETURN
The Strait of Hormuz's future is unsettled even as more ships venture throughShip traffic is slowly resuming in the Strait of Hormuz following an interim deal between Iran and the U.S., but lingering questions about ...- What to know about the demining and escort mission that US allies want for the Strait of HormuzAllies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...
- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- Iran Guards threaten 'new fronts' over Israel's Lebanon offensiveIran's Revolutionary Guards threatened to open "new fronts" and keep the Strait of Hormuz closed over Israel's offensive in Lebanon, state ...
- With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
- Trump administration sows confusion as it tries to reopen Strait of HormuzThe Trump administration's approach to the Iran war has been marked by conflicting statements. Initially, a ceasefire was declared, followe...
- Egypt's Suez Canal mulls discounts on transit fees to bring back trafficOsama Rabie of the Suez Canal Authority said discounts on transit fees are being considered. The discounts range from 12% to 15%. This is t...
- Shipping firms take first steps towards Red Sea returnThe world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group bega...
- ET exclusive: Shipping giant Maersk decides to resume Red Sea voyages“As of Sunday 24 December 2023, we have received confirmation that the previously announced multi-national security initiative Operation Pr...
- Shippers know the Suez is always a crisis waiting to happenThe Suez Canal has been here before. What’s more, the stretch of water joining Europe to the Indian Ocean will face such crises again and a...
- Suez Canal tugboat sinks after collision with tankerA Suez Canal tugboat sank following a collision with a Hong Kong-flagged LPG tanker on Saturday, leaving one crew member dead and another m...
- Suez traffic returns to normal after ship briefly strandedThe ship had originated from Dhuba port in Saudi Arabia. It is owned by Xiang B12 HK International Ship Lease and managed by Tosco Keymax I...
- Record cargo shipped through Egypt's Suez Canal last yearThe number of ships using the canal rose from 18,830 in 2020 to 20,694 in 2021, or more than 56 ships per day.
- Panama Canal transits rise as world trade recovers from pandemicThe canal expects to receive 429 million tons of cargo and collect $3.3 billion in revenue for fiscal year 2021, which ends on September 30...
- Three Ever Given crew members to leave the shipThe Ever Given has been anchored in a lake between two sections of the canal since being dislodged on March 29 and is caught in a legal dis...
- How Suez Canal changed the way the world eats — while colonial India got ham, tinned meat and cheap beer, Egyptians got the kosharySuez became a global inflection point, a place where rules and habits changed.
- The next Suez threat? A big hackRoughly 500 ships passed through the Suez in the year the Convention of Constantinople was signed; Egypt would like to see that number top ...
- Oil rises on hopes for stable OPEC+ output, fears of long disruption at Suez CanalPrices have swung wildly in the last few days as traders and investors tried to weigh the impact of the blocked key trade transit point and...
- Shipping lines rerouting vessels as Suez remains blocked“There will be port charges for the cargo which is offloaded at these ports,” said Ramkumar Govindarajan, chief executive officer of Wiz Fr...
- Ships turn toward Africa on concerns Suez blockage to last weeksTwo liquefied natural gas tankers loaded in the U.S. and bound for Asian markets appear to have changed course in the mid-Atlantic and are ...
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