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Suez Canal Crisis: Dwindling revenues and rising regional tensions reshape global trade

Alexandros Itimoudis - November 4, 2024 0

The strategic importance of the Suez Canal as a global maritime artery has come into sharp focus following recent revelations by Egyptian President Abdel...

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From Choke Points to Bottlenecks: Red Sea Crisis Analysis

Alexandros Itimoudis - October 23, 2024 0

The global shipping industry is grappling with a formidable set of disruptions that have transformed maritime choke points into critical bottlenecks. Container News has compiled...

Industry Opinions

Suez and Panama Canal disruptions threaten global trade and development: UNCTAD

Container News Team - October 23, 2024 0

The disruptions are straining supply chains, driving up costs, and reshaping global trade patterns, with vulnerable economies hit hardest, according to the latest UNCTAD...

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Newbuilding frenzy effects greater than Suez Canal restoration

Container News Team - October 16, 2024 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...

News

Eastern Mediterranean ports face challenges due to Red Sea disruptions

Alexandros Itimoudis - September 25, 2024 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...

Rates & Surcharges

SCA introduces new Suez Canal mooring regulations and costs

Container News Team - March 12, 2024 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’...

Drop in Suez Canal revenues could affect Egyptian economy

Antonis Karamalegkos - January 16, 2024 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...

Shippers are counting the cost of war

Container News Team - January 12, 2024 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,...

India explores measures to mitigate Red Sea crisis impact on export trade

Container News Team - January 12, 2024 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...

Industry Opinions

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

Container News Team - January 12, 2024 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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Tag: Suez Canal

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