A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent of world trade.
Category: Ships and Shipping
-
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.
-
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.
-
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.
-
What Ails Offshore Wind: Supply Chains, Ships and Interest Rates
Government officials and energy developers misjudged the difficulty of building huge clean energy projects in the United States, which has built very few of them.
-
A Three-Year Cruise Is Canceled for Lack of a Ship
Passengers will not be visiting Machu Picchu, the Pyramids of Giza or indeed be going anywhere.
-
Drought Saps the Panama Canal, Disrupting Global Trade
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.
-
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.
-
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.
-
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.
