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SUEZ CANAL SHIPPING LINES
Global container freight prices surge 130% since February amid Middle East tensions: JefferiesGlobal container freight rates have surged by 130 percent since February 2026 due to Middle East tensions. India's container-based export-i...- Taiwan detects 5 PLA aircraft, 6 PLAN vessels operating around islandTaiwan's Ministry of National Defence has reported heightened military activity from China around the island recently. Five Chinese militar...
- Tamil Nadu weather: Heavy rain lashes Chennai, Karaikal; are schools and colleges closed today on October 19?Chennai rain: Chennai received 10.5 cm of rain in 24 hours, with Parry’s recording 36.3 cm as flooding affected parts of north Chennai and ...
- Rajasthan BJP makes local poll gains, Congress fails to contain infightingDespite internal conflicts among the senior state leaders, the BJP has been able to showcase unity with leaders standing behind CM Bhajan L...
- The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
- Defence ministry inks Rs 4,106 crore contracts for IAF communication satellite, Navy torpedoesThe government signed contracts worth Rs 4,106 crore for the Indian Air Force and the Indian Navy. One contract is for a GSAT-7C satellite ...
- What cruise lines do when a passenger goes overboard at sea: An explainer on overboard protocols readers want after a rescue this dramatic.Cruise ship overboard incidents can rapidly become serious emergencies that will need immediate action from the crew and coordinated search...
- Two Singapore-registered ships hit by projectiles in Strait of Hormuz, one sinksTwo container ships, GFS PRIDE and GFS GISELLE, were attacked while passing through the Strait of Hormuz. The first vessel, GFS PRIDE, sank...
- The next Iran war could be bigger, wider and harder to containIran is actively preparing for potential military engagements that could provoke a major regional conflict. The escalation of Houthi attack...
- In 2019, Amsterdam began using bubble barriers to catch river plastic. Now the US wants to bring the technology to the Great LakesLansing is considering implementing the Bubble Barrier technology, initially developed in Amsterdam, to address plastic pollution. This inn...
- In 1876, Washington, D.C., opened an incline plane that lowered canal boats to the Potomac River inside a water-filled tank weighing about 400 tons when fullIn the 1870s, the Chesapeake & Ohio Canal encountered serious challenges when attempting to move boats to the Potomac River. To overcome th...
- In 1824, construction began on New Jersey’s Morris Canal, where 23 inclined planes carried boats up and down hills; some lifts spanned up to 100 feetConstructed in the early 1830s, the Morris Canal stands as a significant achievement in New Jersey's engineering history. It uniquely utili...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
- Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
- Royal Caribbean cruise ship woman missing for nearly a day found alive after 20 hours in sea off GreeceA 44-year-old woman who went missing after falling overboard from Royal Caribbean’s Odyssey of the Seaswas found alive after spending nearl...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- INS Sudarshini reaches Egypt's Alexandria port during Lokayan 26 transoceanic expeditionINS Sudarshini reached Alexandria, Egypt during its ongoing Lokayan 26 transoceanic expedition while covering 22,000 nautical miles. The sh...
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