Sourcing Journal on MSN
Red Sea terminal debuts as ocean carriers test post-crisis Suez routing
Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in ...
CAIRO (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February. Earlier this month ...
Attacks by Houthi rebels in the Red Sea scared off many of the shipping firms that used the Suez Canal, depriving Egypt’s ailing economy of vital revenue.
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven ...
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in ...
The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with ...
Red Sea and East Med ports face “sharp correction” risk as Suez routings restart. Find the latest news from the maritime industry on the PortNews website.
The gradual return of container shipping to Red Sea and Suez Canal routes is creating capacity planning challenges for Northern ...
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