The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...

The Navy's decision to stay silent amid the negotiations with Panama makes it difficult to accurately determine just how much ...

Aircraft carrier USS Harry S. Truman (CVN-75) pulled into Souda Bay, Greece on Thursday for a port call following 50 days in ...

For Russia, "Admiral Kuznetsov" is an important element of propaganda, as it is the only aircraft carrier in its fleet. That ...

Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...

Egypt Investment and Foreign Trade Minister Hassan El Khatib spoke with Bloomberg TV's Joumanna Bercetche in an interview on the sidelines of the 2025 World Economic Forum in Davos on Jan. 23.

Avoiding this Canal means going around the Cape of Good Hope. Avoiding the Suez makes the trips 25% longer and adds 10 to 12 days to the journeys. For shippers and carriers willing to brave the ...

Major ocean carriers say that they remain hesitant to resume shipping ... Hapag-Lloyd AG and CMA CGM Group have all expressed similar sentiments as well. “The situation in the Suez Canal remains fluid ...

The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities in global supply chains and ...

CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

Russia’s foreign ministry has called on President Donald Trump to reaffirm the current international agreement surrounding the Panama Canal and to leave it in control of the nation of Panama.

While the market is drifting away from carriers and that freight rates are likely to decrease when the Suez Canal reopens fully, Drewry feels carriers have the power to manage capacity in a variety of ...