The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.
Category: Ships and Shipping
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Shipping Contributes Heavily to Climate Change. Are Green Ships the Solution?
The container shipping lines that carry the bulk of global trade are betting on greener technologies, but there are still many reasons those wagers could fail.
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China Is Flooding the World With Car Exports
Even as China’s other exports falter, its carmakers are seeing big increases in overseas sales, mainly for gasoline-powered models.
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South African Inquiry Rebuts U.S. Charge on Russian Arms
A government investigation about a Russian ship contradicts U.S. accusations that South Africa provided arms to fight Ukraine, President Cyril Ramaphosa said. But a government report won’t be released, he added.
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Tanker in Yemen Is Emptied of Oil, Averting Catastrophic Spill
More than a million barrels of oil on a tanker off the coast of Yemen were transferred to another ship bought by the United Nations. But now a new hurdle looms: Who owns the recovered oil?
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Wheat Prices Remain High as Concern Grows About Black Sea Instability
There’s a robust supply of grain globally, but a long-term disruption to exports from Ukraine and a reliance on fewer countries for grain could cause prices to become more volatile.
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How a Distant War Is Threatening Livelihoods in the Arctic Circle
The fighting in Ukraine has disrupted a region in northern Norway that had thrived on cross-border trade and cooperation with Russia.
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Looming UPS Strike Spurs Some Companies to Rethink Supply Chains
Businesses around the country are facing what could be the latest disruption to how they get their goods to their customers in a timely and affordable fashion.
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As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.
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Gordon Lightfoot’s ‘Wreck of the Edmund Fitzgerald’ Was An Unlikely Hit
Gordon Lightfoot’s 1976 folk ballad told the true story of a shipwreck on Lake Superior. One of his old friends called it “a documentarian’s song.”
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Biofoul: The Stowaway Turning Dream Cruises Into Trips to Nowhere
Passengers heading to New Zealand face an unexpected threat: pesky marine life that has led to delays and spoiled long-awaited vacations.