Oil prices surge amid Red Sea tensions
Oil prices rose in Asian trade on Wednesday due to concerns about attacks on shipping in the Red Sea and…
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Red Sea
MSC to resume Suez Canal transit once tensions ease – CEO
Switzerland's MSC will “immediately” return shipping through the Suez Canal as soon as the security situation…
IMF: Red Sea shipping activity down 50% due to Gaza war
Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
TotalEnergies stops navigating Red Sea
TotalEnergies stated that the journey of its ships to Europe has been prolonged since the company stopped sending…
Suez Canal chief discusses Red Sea crisis with shipping lines
Admiral Ossama Rabiee, Chairman of the Suez Canal Authority (SCA), met with shipping representatives on Sunday to…
SCA offers maintenance services amid Red Sea crisis
The Suez Canal Authority (SCA) intends to offer essential navigational services, maintenance, and repair services…
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…
Oil prices fall amid Red Sea risks
Oil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering…
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…
Suzuki halts Hungary plant for 1 week over Red Sea attacks
Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…