Ships and Shipping – Page 12

The shipping giant Maersk is returning to the Red Sea.

A shipping advisory that Maersk released on Wednesday showed several of its vessels were headed for the Suez Canal, which handles about 12 percent of world trade.

By Peter Eavis

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G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion

The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.

By Alan Rappeport

International Relations Natural Gas Oil (Petroleum) and Gasoline Ships and Shipping

What Does the Red Sea Crisis Mean for Oil Prices?

Many energy and shipping firms have begun rerouting tankers, adding delays and extra costs to journeys that would put upward pressure on oil prices.

By Stanley Reed

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Red Sea Attacks Add Another Snarl to Global Shipping

Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.

By Peter Eavis

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