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Tag: Suez Canal

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Panama Canal drought could boost New Year rates

Container News Team - 0
Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both...
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Tankers collide in Suez Canal, awakening memories of Ever Given nightmare

Antonis Karamalegkos - 0
Two tankers collided on the Suez Canal last night (22 August) blocking the canal traffic for a few hours. The Suez Canal Authority deployed tugboats...
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Out of the Box

Greek bulk carrier suffers technical failure in Suez Canal

Antonis Karamalegkos - 0
Greek bulk carrier Glory run aground after a sudden technical failure it faced when it was sailing through the Suez Canal, at the 38th...
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News

Hackers could re-create Ever Given grounding in Suez Canal

Container News Team - 0
The Suez Canal’s status as a major crossing point in shipping makes it a prime target for hackers intent on causing chaos similar to...
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Suez Canal Authority to apply increased transit tolls next year

Antonis Karamalegkos - 0
The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...
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Oil tanker blocked Suez Canal for more than five hours

Container News Team - 0
The Suez Canal again on global media headlines with over five hours remained blocked as the oil tanker Affinity V ran aground while crossing...
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Ever Given insurance claims could exceed US$2 billion

Antonis Karamalegkos - 0
French reinsurance company SCOR said that Ever Given claims could amount to more than US$2 billion, while they believe it will take many years...
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News

Egypt signs agreements for green fuels and ammonia production projects

Container News Team - 0
Prime Minister of Egypt, Dr. Mostafa Madbouly, witnessed the signing ceremony for two Memoranda of Understanding which are aiming to establish projects to produce...
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News

SCA boss says Suez Canal expansion will be completed in July next year

Container News Team - 0
The chairman of the Suez Canal Authority (SCA), Osama Rabie, has confirmed that the expansion of the canal is expected to be completed in...
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News

Suez Canal Authority to increase transit tolls by 6%

Container News Team - 0
Suez Canal Authority (SCA) has published new resolutions concerning the fees of the transiting ships through the canal and new marketing strategies that will...
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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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