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SUEZ BLOCKAGE
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...- Cyber Alert: Companies rush to fortify systemsRubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring ...
- Maersk sues Evergreen over 2021 blocking of Suez CanalThe Copenhagen-based shipping company said the claim is related to losses suffered during the canal’s blockage.
- Suez Canal traffic 'normal' after stuck vessel refloatedTugboats "have begun towing the ship" which had suffered "a sudden technical failure" and was now being safely towed away for repairs, said...
- Another tanker briefly blocks Egypt's Suez canalLast year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week.
- What compensation to pay for Suez Canal blockage? It's still being decided
- China’s worse-than-Suez ship delays set to widen trade chaosEven without the Suez blockage or port backlogs, the global transportation system would probably still be struggling with maxed-out capacit...
- Egyptian court delays hearing in Suez container ship compensation caseThe Ever Given, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in bo...
- Egypt offers to cut compensation claim for blocking of Suez CanalThe blockage roiled shipping markets because hundreds of vessels had to wait for the canal — which can shave two weeks off a journey betwee...
- Maersk raises guidance citing exceptionally strong demandThe company, which transports almost a fifth of the world’s containers, said it now sees global market demand growing 5-7% this year, compa...
- Suez Canal races to clear backlog as shipping convoys resumeShipping convoys through the canal resumed on Monday evening after tugs pulled the 400-metre-long (430-yard) Ever Given container carrier f...
- Suez blockage ends, but Indian crew may face legal chargesWith the container ship ‘Ever Given’ that had blocked the Suez Canal since March 23 wrenched free from the sandy bank by tug boats on Monda...
- Your coffee could get dearer due to Suez Canal blockageReports said ships of Robusta coffee -- used by Nescafe -- have got caught up in the blockage.
- Suez Canal head says considering discounts for ships affected by blockageThe Suez Canal Authority is considering discounts for vessels affected by the blockage caused by a stranded container ship, its chairman sa...
- Suez Canal blockage may choke India’s trade, supply chainIndia’s shipments of oil, textiles, furniture, cotton, auto components and machine parts to Europe, North America and South America could g...
- Four-pronged plan to deal with Suez Canal blockage, says Indian governmentThis route is used for Indian exports/imports worth $200 billion to/from North America, South America and Europe and includes petroleum goo...
- Oil jumps 4% on fears Suez Canal blockage may last weeksBrent crude rose $2.37, or 3.8%, to $64.32 a barrel at 10:57 a.m. EDT (1457 GMT), after dropping 3.8% on Thursday.
- 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 ...
- Commodity strategies: Gold, silver, crude, base metalsThe precious metals have kept to firm trading range supported by pandemic worries with lockdown in Germany and other parts of the Europe. T...
- Crude oil rates drop as Covid-19 lockdown concerns outweigh Suez Canal disruptionsOil prices trimmed overnight gains spurred by the grounding of a giant container ship blocking crude shipments through the Suez Canal.
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