Egypt and China in big trouble as Israel want to build another Suez Canal
TEL AVIV : Amid the ongoing war in Gaza, Israel is preparing to create an alternative to the Suez Canal. It would be named Ben Gurion Canal. This
Container ships in Suez Canal decreases
CAIRO : Live traffic of Container Ships through the Suez Canal and reroutings via the Cape of Good Hope shows the split between different vessel segments when it
Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
COPENHAGEN : A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez
Ports around the Red Sea area struggle with sharp decline in deep-sea calls
COPENHAGEN : “We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container shipping industry
Hapag-Lloyd sees prolonged Red Sea re-routings regardless of ceasefire
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas
Unmasking the extent of container shipping’s potential overcapacity
Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity
Mumbai to Russia in 18 days, Small Indian Shipping Lines streamline routes via Suez Canal
MOSCOW : Small Indian shipping companies offer shortened delivery times for cargo through the Suez Canal – shipments from Mumbai to Novorossiysk can take about 18 days instead of
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
UN : Applying the law of the sea to protect International Shipping
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all
Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO
LONDON : “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number