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Tag: Suez Canal

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Newbuilding frenzy effects greater than Suez Canal restoration

Container News Team - 0
Maersk has warned that the reopening of the Suez Canal could cause a meltdown as schedules falter, but this would likely be a temporary...
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News

Eastern Mediterranean ports face challenges due to Red Sea disruptions

Alexandros Itimoudis - 0
Disruptions in the Red Sea contributed to declines in the connectivity of Eastern Mediterranean ports, a region highly affected by the Houthis attacks, as...
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Rates & Surcharges

SCA introduces new Suez Canal mooring regulations and costs

Container News Team - 0
The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’...
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Drop in Suez Canal revenues could affect Egyptian economy

Antonis Karamalegkos - 0
Chairman and managing director of the Suez Canal Authority (SCA), Admiral Osama Mounier Mohamed Rabie said that dollar revenues from the canal are down...
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Shippers are counting the cost of war

Container News Team - 0
Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta chief analyst Peter Sand,...
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India explores measures to mitigate Red Sea crisis impact on export trade

Container News Team - 0
Ιndian government and shipping industry stakeholders have realised the urgency to deal with growing trade challenges from the Red Sea shipping crisis, as market...
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Industry Opinions

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

Container News Team - 0
About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....
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News

Russia-bound ships immune from Houthi attacks

Container News Team - 0
Ships involved in the niche Far East-Russia trade appear to be unperturbed by Houthi attacks, as the vessels have enjoyed uneventful transits through the...
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Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

Container News Team - 0
The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125...
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Carriers still sending ships via Suez

Container News Team - 0
Vessel tracking shows over 80 container ships still transiting the Red Sea and Suez Canal even after the raised threat from the Houthi Movement,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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