Suez Canal reports 166 ships diverted from Cape of Good Hope since Feb
The Suez Canal Authority (SCA) announced on Tuesday that 166 ships have shifted their routes to transit through the…
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Cape of Good Hope
Suez Canal’s dominance unchallenged by new trade routes – SCA
The Suez Canal Authority (SCA) affirmed the canal's vital role in global trade during a meeting Wednesday between…
Oil flow through Red Sea falls by 50% in ’24 – EIA
Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…
Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks
German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
Bunker fuel prices soar amid Red Sea diversions
Bunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in the Red…
Qatar, Russia divert vessels from Red Sea
Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…
Qatar Energy pauses LNG Red Sea shipping amid attacks
QatarEnergy, world's second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
Houthi attacks in Red Sea rise 500% sparking global shipping crisis
The Houthi attacks in the Red Sea soared by 500 per cent since the outbreak of the war on Gaza, leading to a major…
Maersk schedules Suez Canal journeys for 30+ container vessels
Denmark's Maersk schedules to sail more than 30 container vessels through Egypt's Suez Canal and the Red Sea…
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