Suez Canal
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Bringing Goods To India Gets Costlier As Global Freight Rates Surge 130% On Mideast Conflict
Global container freight rates rose to around $4,000 - $4,500 in October from $2,000 - $2,500 in February, while India's container-based trade grew 23% year-on-year in September.
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Trump Urges 'Free' Transit For US Ships Through Panama, Suez Canals
US President Donald Trump urged free transit for American commercial and military ships through the Panama and Suez canals, tasking his secretary of state with making progress "immediately."
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US Ships Need Free Travel Through Panama, Suez Canals: Donald Trump
Panama in February promised free passage for US warships through the canal, used mostly by the US and China, after Trump criticised Chinese influence over the waterway.
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Egypt Tests New Extension Of Suez Canal
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.
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Outrage Over Israeli Warship Crossing Suez Canal, Egypt Reacts
The Suez Canal Authority of Egypt confirmed that all vessels, commercial and military, have the right to transit the waterway freely.
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Houthi Attacks Cut Suez Canal Revenue By 40-50%: Egypt President
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on shipping by Yemen's Huthi rebels.
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Explained: How Houthi Attacks In Red Sea Impact China's Investment, Trade
China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.
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Suez Canal Blockage Sets Shipping Rates Soaring, Oil And Gas Tankers Diverted
Analysts expect a larger upward impact on smaller tankers and oil products, like naphtha and fuel oil exports from Europe to Asia, if the canal remained shut for weeks.
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Suez Canal Blockage Sets Shipping Rates Soaring, Oil And Gas Tankers Diverted
Analysts expect a larger upward impact on smaller tankers and oil products, like naphtha and fuel oil exports from Europe to Asia, if the canal remained shut for weeks.
-
Oil Prices Rise Over 3% On Fears Suez Blockage May Last Weeks
U.S. West Texas Intermediate (WTI) crude was up $2.16, or 3.7 per cent, at $60.72 a barrel, having tumbled 4.3 per cent a day earlier.
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Tanker Refloats After Brief Collision With Oil Vessel In Suez Canal
Two tankers, the Singapore-flagged BW Lesmes and Cayman Islands-flagged Burri, briefly collided in Egypt's Suez Canal, ship tracking company Marine Traffic said early Wednesday, citing eyewitnesses.
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Egypt To Court Indian Investors With Special Spot On Suez Canal Economic Zone
Egypt's announcement to offer a dedicated slot for India within the Suez Canal Economic Zone (SCEZ) is set to figure high on the agenda during PM Narendra Modi's Egypt visit from June 24-25, which will be the first by an Indian PM since 1997.
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Large Ship Briefly Stranded In Suez Canal Successfully Refloated
Tugboats refloated a large ship that had been stranded for several hours in the Suez Canal, shipping agent Leth Agencies said on Thursday, allowing flows through one of the world's busiest waterways to return to normal.
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Ship Runs Aground, Briefly Blocking Suez Canal: Report
Tug boats refloated a ship that briefly ran aground in Egypt's Suez Canal late on Wednesday, a source from the Suez Canal Authority (SCA) and state TV reported.
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11 Egyptian Security Personnel Killed After "Foiling Terrorist Attack": Army
One officer and ten Egyptian soldiers were killed after "foiling a terrorist attack" on a water-lifting station east of the Suez Canal, an army spokesman said on Saturday.
-
Bringing Goods To India Gets Costlier As Global Freight Rates Surge 130% On Mideast Conflict
Global container freight rates rose to around $4,000 - $4,500 in October from $2,000 - $2,500 in February, while India's container-based trade grew 23% year-on-year in September.
-
Trump Urges 'Free' Transit For US Ships Through Panama, Suez Canals
US President Donald Trump urged free transit for American commercial and military ships through the Panama and Suez canals, tasking his secretary of state with making progress "immediately."
-
US Ships Need Free Travel Through Panama, Suez Canals: Donald Trump
Panama in February promised free passage for US warships through the canal, used mostly by the US and China, after Trump criticised Chinese influence over the waterway.
-
Egypt Tests New Extension Of Suez Canal
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.
-
Outrage Over Israeli Warship Crossing Suez Canal, Egypt Reacts
The Suez Canal Authority of Egypt confirmed that all vessels, commercial and military, have the right to transit the waterway freely.
-
Houthi Attacks Cut Suez Canal Revenue By 40-50%: Egypt President
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on shipping by Yemen's Huthi rebels.
-
Explained: How Houthi Attacks In Red Sea Impact China's Investment, Trade
China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.
-
Suez Canal Blockage Sets Shipping Rates Soaring, Oil And Gas Tankers Diverted
Analysts expect a larger upward impact on smaller tankers and oil products, like naphtha and fuel oil exports from Europe to Asia, if the canal remained shut for weeks.
-
Suez Canal Blockage Sets Shipping Rates Soaring, Oil And Gas Tankers Diverted
Analysts expect a larger upward impact on smaller tankers and oil products, like naphtha and fuel oil exports from Europe to Asia, if the canal remained shut for weeks.
-
Oil Prices Rise Over 3% On Fears Suez Blockage May Last Weeks
U.S. West Texas Intermediate (WTI) crude was up $2.16, or 3.7 per cent, at $60.72 a barrel, having tumbled 4.3 per cent a day earlier.
-
Tanker Refloats After Brief Collision With Oil Vessel In Suez Canal
Two tankers, the Singapore-flagged BW Lesmes and Cayman Islands-flagged Burri, briefly collided in Egypt's Suez Canal, ship tracking company Marine Traffic said early Wednesday, citing eyewitnesses.
-
Egypt To Court Indian Investors With Special Spot On Suez Canal Economic Zone
Egypt's announcement to offer a dedicated slot for India within the Suez Canal Economic Zone (SCEZ) is set to figure high on the agenda during PM Narendra Modi's Egypt visit from June 24-25, which will be the first by an Indian PM since 1997.
-
Large Ship Briefly Stranded In Suez Canal Successfully Refloated
Tugboats refloated a large ship that had been stranded for several hours in the Suez Canal, shipping agent Leth Agencies said on Thursday, allowing flows through one of the world's busiest waterways to return to normal.
-
Ship Runs Aground, Briefly Blocking Suez Canal: Report
Tug boats refloated a ship that briefly ran aground in Egypt's Suez Canal late on Wednesday, a source from the Suez Canal Authority (SCA) and state TV reported.
-
11 Egyptian Security Personnel Killed After "Foiling Terrorist Attack": Army
One officer and ten Egyptian soldiers were killed after "foiling a terrorist attack" on a water-lifting station east of the Suez Canal, an army spokesman said on Saturday.
