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Tag: Suez Canal

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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....

News

Russia-bound ships immune from Houthi attacks

Container News Team - January 11, 2024 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 - December 27, 2023 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 - December 22, 2023 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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Panama Canal drought could boost New Year rates

Container News Team - December 18, 2023 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 - August 23, 2023 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...

Out of the Box

Greek bulk carrier suffers technical failure in Suez Canal

Antonis Karamalegkos - January 9, 2023 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...

News

Hackers could re-create Ever Given grounding in Suez Canal

Container News Team - November 2, 2022 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 - September 19, 2022 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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Tag: Suez Canal

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