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Articles for Suez, search results for weeks

Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy
10 months, 3 weeks ago

Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy

Associated Press  

WASHINGTON — Car factories have idled in Belgium and Germany. “What’s happened right now is short-term chaos, and chaos leads to increased costs,” said Ryan Petersen, CEO of the supply chain management company Flexport. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on.” Roughly 20% of the clothes and shoes imported …

Europe Inflation Asia Shipping Yemen Gaza Israel
New warning for UK Christmas shoppers as Danish shipping giant orders vessels to avoid the Red Sea - and Suez Canal - in wake of missile attacks, prompting fears of meat and nut shortages
1 year ago

New warning for UK Christmas shoppers as Danish shipping giant orders vessels to avoid the Red Sea - and Suez Canal - in wake of missile attacks, prompting fears of meat and nut shortages

Daily Mail  

A Danish shipping giant has ordered its vessels to avoid passing through the Red Sea entirely following recent missile attacks on ships launched from Yemen, prompting warnings of 'substantial' supply chain disruption in the lead up to Christmas. File image shows a Maersk container ship at anchor in harbour in Copehagen, Denmark on September 14, 2023 A Houthi soldier walks …

Yemen Red Today Attacks Houthis Houthi Sea
Suez Canal blockage sends shipping, oil rates surging as oil and gas tankers diverted
3 years, 8 months ago

Suez Canal blockage sends shipping, oil rates surging as oil and gas tankers diverted

ABC  

Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal has failed to clear a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes. Key points: More than 30 oil tankers are waiting to move through the Suez Canal Re-routing ships around the Cape …

Europe Oil Shipping Egypt Rates Vessel Suez
New attempt to re-float ship blocking Suez Canal fails
3 years, 8 months ago

New attempt to re-float ship blocking Suez Canal fails

Al Jazeera  

Bernhard Schulte Ship management says two additional tugs will arrive on March 28 to help with the rescue. 26 Mar 2021 - 16:55 GMT Oil jumps 4 percent on fears Suez Canal blockage may last weeks Oil prices rose more than 4 percent on Friday, rebounding on concerns it could take weeks to dislodge a giant container ship blocking the …

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Ever Given could block the Suez Canal for weeks, with hundreds of ships backed up
3 years, 8 months ago

Ever Given could block the Suez Canal for weeks, with hundreds of ships backed up

ABC  

A container ship blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company says, as officials stop all ships from entering the waterway. Key points: A total of 206 large container ships have backed up at either end of the canal Roughly 30 per cent of the world's shipping container volume transits through the …

Europe Oil Shipping Work Ships Container Ship
Why the Suez Canal is so important – and why its standstill could be so damaging
3 years, 8 months ago

Why the Suez Canal is so important – and why its standstill could be so damaging

CNN  

CNN — Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries, threatened to ignite war, and become a bedrock of the global economy. Today, a ship traveling from a port in Italy to India, for instance, …

Global Europe War World Egypt Ship Sea
Suez Canal temporarily halts navigation
3 years, 8 months ago

Suez Canal temporarily halts navigation

The Hindu  

The owners of a giant container vessel blocking the Suez Canal said on Thursday that they were facing “extreme difficulty” refloating it, prompting Egypt to suspend navigation through one of the world’s busiest shipping lanes. Japanese ship-leasing firm Shoei Kisen Kaisha said it owned the giant vessel and was facing “extreme difficulty” trying to refloat it. “In co-operation with local …

Vessel Canal Suez Canal
Experts say clearing Suez Canal may even take weeks; Japanese shipowner apologises for incident
3 years, 9 months ago

Experts say clearing Suez Canal may even take weeks; Japanese shipowner apologises for incident

India Today  

The Suez Canal temporarily suspended traffic on Thursday as efforts to dislodge a 400 metre long container vessel that has blocked the waterway continued for a third day, with eight tugs working to straighten the ship. The Ever Given vessel, almost as long as the Empire State Building is high, ran aground diagonally across the single-lane stretch of the southern …

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Dislodging Ever Given container ship blocking Suez Canal could take ‘days to weeks’
3 years, 9 months ago

Dislodging Ever Given container ship blocking Suez Canal could take ‘days to weeks’

CNN  

Cairo, Egypt CNN — Shipping experts believe it could take days or even weeks to free the 224,000-ton vessel that is wedged across the Suez Canal, blocking one of the world’s busiest waterways since Tuesday. The Ever Given, a container ship almost as long as the Empire State Building is tall, ran aground on March 23 after being caught in …

Shipping Ships Egypt Company Cnn Vessel Canal
Entire crew of Ever Given, container ship blocking Suez Canal, is Indian; all safe
3 years, 9 months ago

Entire crew of Ever Given, container ship blocking Suez Canal, is Indian; all safe

India Today  

The entire crew of Ever Given, the container ship that is stuck in the Suez Canal since Tuesday blocking traffic in one of the world's busiest waterways, is Indian and is safe, said the company managing the container. In a report, news agency The Associated Press said Bernhard Schulte Shipmanagement, the company that manages the Ever Given, said the ship's …

India Europe Indian Container Ship Given Canal