HAIFA : Israeli container vessels are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for all ships transiting the Suez Canal. Even so,
HONG KONG : Any intensification of ship attacks in the Red Sea could tie up 30% of the boxship fleet as more vessels will need to be rerouted, according to Linerlytica’s latest report on
It has been speculated that one of the reasons behind Israel’s desire to eliminate Hamas from the Gaza Strip and completely control the Palestinian enclave is to give itself the chance to better explore a dramatic
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container vessels out of North European ports.
DUBAI : The development of the India-Middle East-Europe Economic Corridor (IMEC), unveiled at the G20 Summit two weeks ago, will not threaten established maritime routes like the Suez Canal, Sultan Ahmed Bin Sulayem, Group
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused
TAIWAN : Evergreen Marine Corp’s newest cargo ship, the Ever Ace, crossed the Suez Canal without a hitch , prompting the Egyptian authorities to call for a celebration. The Taiwanese captain was gifted a
EGYPT : The massive Ever Given container ship is en route once again through the Suez Canal after running aground in March and ruining global shipping for nearly a week. According to MarineTraffic, the Ever
ROTTERDAM : The huge container ship that blocked the Suez Canal for nearly a week earlier this year finally reached the port of Rotterdam in the Netherlands on Thursday to begin unloading its cargo.
CAIRO : The Suez Canal Authority on Sunday said it has reached an agreement to settle a financial dispute with the owners of a hulking container ship that blocked the crucial waterway for nearly