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Tag: Suez Canal

World

Houthi Attacks Continue to Disrupt Shipping Industry As Israel-Hamas War Rages On

December 11, 2024December 11, 2024Peter Eavis and Liz AldermanComments Off on Houthi Attacks Continue to Disrupt Shipping Industry As Israel-Hamas War Rages On

The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.

World

New Freighters Could Ease Red Sea Cargo Disruptions

February 22, 2024February 22, 2024Peter EavisComments Off on New Freighters Could Ease Red Sea Cargo Disruptions

Analysts and shipping executives say they expect costs to fall later this year as companies receive vessels they ordered two to three years ago.

World

Houthis Attack More Ships in Red Sea After U.S.-Led Strikes in Yemen

January 15, 2024January 16, 2024Matthew Mpoke Bigg, Vivek Shankar and Thomas FullerComments Off on Houthis Attack More Ships in Red Sea After U.S.-Led Strikes in Yemen

The Iranian-backed militants launched a fresh round of attacks days after their military sites were hit by U.S. and British forces.

World

U.S. Leads Second Strike Against Houthis in Yemen

January 12, 2024January 13, 2024Vivian Nereim, Helene Cooper and Thomas FullerComments Off on U.S. Leads Second Strike Against Houthis in Yemen

The military fired at a target in response to rising attacks on Red Sea shipping, which the Houthis linked to the war between Israel and Hamas.

World

Houthis Vow Revenge for U.S. Strikes in Yemen, as Conflict Escalates

January 12, 2024Vivian Nereim and Thomas FullerComments Off on Houthis Vow Revenge for U.S. Strikes in Yemen, as Conflict Escalates

The United States and Britain said they had hit military targets in response to rising attacks on Red Sea shipping, which the Houthis linked to the war between Israel and Hamas.

World

BP Pauses Oil Shipments Through Red Sea Amid Fears of Attacks

December 18, 2023December 18, 2023STANLEY REEDComments Off on BP Pauses Oil Shipments Through Red Sea Amid Fears of Attacks

Global energy prices jumped as tensions escalated around the vital shipping route, where drone and missile assaults have prompted some companies to halt sending cargos.

World

How Russia Is Cashing In on Climate Change

October 22, 2021October 22, 2021ANDREW E. KRAMERComments Off on How Russia Is Cashing In on Climate Change

Global warming may pose grave dangers around the world, but as one tiny Russian town on the Arctic Ocean shows, it can also be a ticket to prosperity.

World

How One of the World’s Biggest Ships Jammed the Suez Canal

July 17, 2021July 19, 2021Vivian Yee and James GlanzComments Off on How One of the World’s Biggest Ships Jammed the Suez Canal

Four months after the megaship Ever Given got stuck in the canal, neither the canal nor the shipping industry has addressed some of the most critical issues that led to the grounding.

World

Ship That Blocked the Suez Canal Is Moving On

July 7, 2021July 7, 2021ISABELLA KWAIComments Off on Ship That Blocked the Suez Canal Is Moving On

The giant container ship had been held in the Suez Canal since March, as Egyptian authorities and the ship’s owners argued over compensation. On Wednesday, it finally began the journey out.

World

Settlement Is Reached Over Stuck Ship That Blocked Suez Canal in Egypt

June 23, 2021June 23, 2021VIVIAN YEEComments Off on Settlement Is Reached Over Stuck Ship That Blocked Suez Canal in Egypt

International trade was jammed for nearly a week when the Ever Given blocked the waterway in March.

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