Featured TotalEnergies stops navigating Red Sea Aya Anwar Feb 7, 2024 0 TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped sending…
Featured Red Sea crisis is hurting Europe oil product deliveries: IEA Yomna Yasser Feb 7, 2024 0 The delays in oil product deliveries due to ships being re-routed to avoid attacks in the Red Sea are impacting…
Featured Global oil market turns local amid Red Sea unrest Aya Anwar Feb 4, 2024 0 Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…
Tech/AI Red Sea unrest menaces Italy’s economic stability – minister Yomna Yasser Feb 1, 2024 0 The ongoing disruption in the Red Sea region threatens to destabilise Italy's economy and marginalise ports in…
Featured Suez Canal chief discusses Red Sea crisis with shipping lines Aya El Sayed Jan 28, 2024 0 Admiral Ossama Rabiee, Chairman of the Suez Canal Authority (SCA), met with shipping representatives on Sunday to…
Featured SCA offers maintenance services amid Red Sea crisis Aya El Sayed Jan 23, 2024 0 The Suez Canal Authority (SCA) intends to offer essential navigational services, maintenance, and repair services…
Featured Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks Sama Mousa Jan 22, 2024 0 German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
Featured Oil prices fall amid Red Sea risks Nada Ali Jan 22, 2024 0 Oil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering…
Featured Bunker fuel prices soar amid Red Sea diversions Sama Mousa Jan 18, 2024 0 Bunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in the Red…
Featured Japan’s NYK suspends Red Sea navigation Sama Mousa Jan 16, 2024 0 Japan's Nippon Yusen (NYK), the country's biggest shipper by sales, put on hold Red Sea navigation for all the…