CMA CGM has decided to reroute vessels on three container services away from the Suez Canal, citing geopolitical uncertainty.
Attacks by Houthi rebels in the Red Sea scared off many of the shipping firms that used the Suez Canal, depriving Egypt’s ailing economy of vital revenue.
Containerships return to longer, safer route around Africa, but Xeneta says shippers crave predictability in supply chains.
Carrier's U-turn on FAL and MEX services returning to Cape route could erode shipper confidence in schedule reliability, ...
By Terje Solsvik OSLO, Jan 15 (Reuters) - Maersk said on Thursday that one of its services will resume using the Red Sea and ...
Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due ...
The potential savings by using the Red Sea are considerable. Tankers sailing from Ras Tanura in Saudi Arabia to Rotterdam in ...
No attacks for 100 days, yet ships still aren't coming back. Traffic through the Suez Canal remains roughly 60% below ...
All 12 seafarers have been rescued from a Turkish cargo ship that came close to sinking outside the Suez Canal in Egypt. The ...
Shipping group Maersk will resume sailings via the Red Sea and the Suez Canal for its MECL service, connecting the Middle ...
Egyptian President Abdel Fattah el-Sisi says Egypt lost about $9 billion in direct revenues from the Suez Canal over the past ...
The Suez Canal Authority (SCA) announced an 18.5 percent jump in revenues during the first half of fiscal year 2025/2026, ...