Suez Canal blockage cost shipping company $89 million, study finds
Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
TradeWinds4d
Explosion hits ship carrying hazardous cargo in Red Sea. Crew abandon vessel after fire
The crew of a Chinese boxship have abandoned the vessel after a hazardous cargo explosion and fire in the southern Red Sea.
Yemen's Houthis release crew of seized cargo ship Galaxy Leader
Yemen's Houthi movement has released the crew of the cargo ship Galaxy Leader, which it seized in November 2023 at the start ...
Air Cargo News11d
Shipping lines unlikely to make a quick return to Suez Canal
There is unlikely to be a quick shift from airfreight to ocean following the Israel-Hamas ceasefire that aims to end a ...
More trouble at Red Sea with explosion in a container ship
Vessel explosion in Red Sea adds to maritime security concerns, impacting global trade routes and commercial shipping.
Suez expansion to be operational in first quarter, canal chairman says
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...
More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for ...
Anadolu Ajansi2d
Egypt’s Suez Canal head says conditions favorable to resume navigation in Red Sea after Gaza deal
Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...
Crew of Hong Kong flagged ship rescued after explosion sparks fire off Yemeni coast
AP reported that the ship was drifting and on fire about 225 kilometers off the coast of Hodeidah, a port city in Yemen held ...