ASC is a buy with superior valuation to industry peers, modest earnings growth, and a focus on lowering cash breakeven.

Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an ...

The 50-mile Panama Canal was a multi-national, multi-decade project to link two oceans and transform global shipping. After completion in 1914, the canal helped turn the United States into an economic ...

saving ships from a 7,000-mile detour around Cape Horn at South America’s southern tip. It significantly reduces shipping time and costs, especially for time-sensitive or perishable goods. The canal’s ...

The canal’s construction began in 1880 under Ferdinand de Lesseps, who built Egypt’s Suez Canal, but failed due to diseases, like Malaria and yellow fever, and harsh conditions, costing over ...

Get Instant Summarized Text (Gist) The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities ...

Yemen's Houthi movement has released the crew of the cargo ship Galaxy Leader ... to avoid routes taking their vessels through the Suez Canal, which reduces journey times between Asia and Europe.

American ships ... Canal Zone. Tensions between Panama and the U.S. rose after World War II, especially after the U.S. pressured France and the UK to give up on attempting to retake control of the ...

Speaking at his inauguration, the president complained that American ships were being “severely overcharged and not treated fairly” by the Panama Canal Authority. Mr Trump also told the ...

As TPG's cruise team lead, Gene Sloan oversees the site's cruise content and also writes many of TPG's main cruise guides. He has spent nearly 30 years writing about cruise ships and cruising, and he ...

"First, in order to revert to a Suez routing the carriers would want to be reasonably certain that the situation ... proposed to the International Maritime Organization to develop guidelines to ...

Video shows medevacs in Rafah Crossing for first time in nine months ...