council 24 gets giant red growing 29 finally region maritime suspected refloat city workers international egypt cost told officials routes bailout zone ships economy compensation blockage imf houthi tug breaking

Articles for Suez, search results for supply

Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts
8 months, 1 week ago

Shipping industry set for tougher times ahead due to Israel-Iran tensions: Experts

The Hindu  

The global maritime industry is set for tougher and more challenging times due to the increasing tensions in the Middle East, causing supply chain disruption and increasing the probability of choking shipping routes, experts in Singapore said. Shipping costs have already gone up by three to four times compared to pre-Covid level, Colin Er Wen-Jie, director of the transport department …

Singapore Industry Hope Shipping Maritime Iran Israel
How Red Sea attacks could affect the seaborne transport of oil, gas cargoes
1 year ago

How Red Sea attacks could affect the seaborne transport of oil, gas cargoes

The Hindu  

Several shipping companies and a few liquefied natural gas tankers have decided to avoid the world’s main East-West trade route, following attacks launched by Yemen’s Houthi group on commercial ships at the southern end of the Red Sea. As much as 8.2 million barrels per day of crude oil and oil products traversed the Red Sea over January-November, as per …

Europe Oil Prices East Lng Attacks Crude
Gaza Conflict: Red Sea attacks by Houthis disrupting global routes, supply chains
1 year ago

Gaza Conflict: Red Sea attacks by Houthis disrupting global routes, supply chains

Firstpost  

The Houthi onslaught on shipping lanes, which started last month, is a “extremely serious threat to international trade,” according to the International Chamber of Shipping association, which also encouraged naval troops in the area to take all necessary precautions to repel the attacks Growing attacks on ships in the Red Sea by the Iran-aligned Yemeni Houthi rebel organisation are causing …

Red Israel Houthi Red Sea Sea
Dilapidated roads, water supply issues affect residents of Ward 43 in Coimbatore
1 year, 3 months ago

Dilapidated roads, water supply issues affect residents of Ward 43 in Coimbatore

The Hindu  

Residents of Kuppakonam Pudur aka KK Pudur under Ward 43 in Coimbatore city demanded better road and drinking water infrastructure. Pudur, Maniam Vellappar Street towards Maniam Maruthakutty Junction, Thadagam Road, Simson Nagar Junction, Kalyani Nagar, Ramasamy Street Voters: Female - 8,172; Male - 8,084; Others - 1, Total - 16,257 Issues: Clogged stormwater drains, rutted roads, Suez 24x7 drinking water …

Water Roads Drinking Corporation Ward Ward 43
Probe underway, day after cargo ship freed in Suez Canal
3 years, 8 months ago

Probe underway, day after cargo ship freed in Suez Canal

Hindustan Times  

Experts on Tuesday boarded a colossal container ship that had been stuck for nearly a week in the Suez Canal before it was freed as questions swirled about the grounding that had shaken the global shipping industry and clogged one of the world's most vital waterways. The crisis over the Ever Given had cast a spotlight on the vital trade …

Global Trade Egypt Given Canal Suez Suez Canal Probe Underway
Ship stuck in Suez Canal ‘partially refloated’; efforts on to dislodge bow, claims report
3 years, 8 months ago

Ship stuck in Suez Canal ‘partially refloated’; efforts on to dislodge bow, claims report

Firstpost  

Suez: Engineers on Monday “partially refloated” the colossal container ship that remains wedged across the Suez Canal, a canal services firm said, without providing further details about when the vessel would be set free. However, it was clear that challenges remained, as satellite data from MarineTraffic.com showed the ship in the same position, surrounded by a squadron of tugs with …

Vessel Canal Suez Canal Ship Stuck
What does Suez Canal blockage mean for oil prices?
3 years, 8 months ago

What does Suez Canal blockage mean for oil prices?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Oil prices tumbled on Thursday …

Europe Oil Oil Prices Canal Suez
Global shipping was a mess before Ever Given blocked the Suez Canal
3 years, 8 months ago

Global shipping was a mess before Ever Given blocked the Suez Canal

CNN  

One of the world’s most vital trade arteries was blocked by a quarter-mile-long container ship for nearly a week, creating a traffic jam that ensnared over 350 vessels and could take days to clear. But even before the Ever Given ran aground in the Suez Canal last week, global supply chains were being stretched to the limits, making it much …

Europe China Supply Costs Global Trade Prices Container
How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy
3 years, 8 months ago

How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy

NPR  

How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy Enlarge this image toggle caption ScapeWare3d/DigitalGlobe/Getty Images ScapeWare3d/DigitalGlobe/Getty Images Before the grounding of the massive Ever Given container ship in the Suez Canal, some 50 vessels a day, or about 10% of global trade, sailed through the waterway each day — everything from consumer electronics to …

Global Europe Supply Shipping Ships Route Long
Dredgers try to free ship in Suez Canal, scene of plenty of past international drama
3 years, 8 months ago

Dredgers try to free ship in Suez Canal, scene of plenty of past international drama

LA Times  

With the global supply chain in jeopardy, powerful tugboats and dredgers worked desperately Friday to free the giant cargo ship blocking the Suez Canal in a race against mounting economic losses. The pasta diplomacy served De Lesseps well more than 20 years later, when Said Pasha became viceroy and the now-retired diplomat asked for and received the exclusive concession to …

France British Egypt Israel French Ship Egyptian
Suez Canal blockage set to ripple through global energy market
3 years, 9 months ago

Suez Canal blockage set to ripple through global energy market

Hindustan Times  

The blockage of the Suez Canal by a giant container vessel is likely to send a ripple of disruption through the global energy supply chain. A massive cargo ship has turned sideways in Egypt's Suez Canal, blocking traffic in a crucial East-West waterway for global shipping, according to satellite data accessed Wednesday, March 24, 2021. European and US refiners that …

Europe Russia Egypt Ship Suez Suez Canal Canal Blockage