Suez Canal Authority says stability returning to Red Sea
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...
Naval ship that carries 5K sailors crashes in Mediterranean Sea
The aircraft carrier USS Harry S. Truman collided with a large merchant vessel Wednesday night in the vicinity of Port Said, ...
TradeWinds9d
Suez Canal transits still at pre-ceasefire level as shipping shuns Red Sea
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
Global marine fuel sales jump in 2024 on Red Sea diversions
Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping ...
Air Cargo News1d
Air cargo will lose out with retail Red Sea return
Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...
Sourcing Journal on MSN9d
Suez Canal Expects ‘Further Stability’ in Coming Weeks
Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
Oil tanker attacked last year crosses Red Sea as Houthi ceasefire holds
President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...
devdiscourse1d
Global Trade in Turmoil as Red Sea Conflict Reshapes Shipping and Supply Chains
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
Hebdo Ahram10d
Oil Tanker 'CHRYSALIS' transits Suez Canal for the first time since Red Sea attack
The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea ...
freightwaves.com3d
Waiting for a plunge in Red Sea freight rates? ‘Hold my container,’ say carriers
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Sourcing Journal on MSN1d
Uncertainty Over Israel-Hamas Ceasefire Puts Red Sea Return in Peril
With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...