Once carriers deem Suez to be a safe option – here insurance costs will be an important metric – "we should expect to see lines set to work to cut capacity in an aggressive fashion. This will come in ...
Carriers, including Maersk and Hapag Lloyd according to Scan Global, are looking for certainty of safety before they consider shifting their operations back to the Suez Canal. Safety is paramount for ...
Most notably, CMA CGM strongly suggested the possibility of a return to the Suez Canal in the new year on the Transatlantic CMA - INDAMEX where they are currently partnered with COSCO and OOCL. After ...
French carrier CMA CMA is deploying the 11,388-teu CMA CGM Columba (built 2011) on an eastbound Suez Canal transit on 23 January, notes Linerlytica. That marks a potential return to the Red Sea ...
That’s been a boon for carriers who saw profits swell by billions of dollars in late 2024. But a confluence of factors could moderate prices with negotiations on 2025 ocean rates well underway: a ...
Sniffer dog seen sweeping part of the factory's scrap yard. Police in Kiira region on Thursday retrieved a rusted AK-4 rifle and suspected explosives. Police personnel attached to the ...
TOKYO -- Japan's three biggest marine shipping companies aim to increase their total of liquefied natural gas carriers more than 40% by fiscal 2030, anticipating a global rise in LNG production ...
"First, in order to revert to a Suez routing the carriers would want to be reasonably certain that the situation does not suddenly deteriorate, and they would have to make their vessels do a U-turn ...
16, 2025. Photo by Bryan J. Dickerson for USNI News The remains of the Navy’s last conventionally-powered aircraft carrier John F. Kennedy (CV-67) is on its way from the Navy’s Philadelphia ...
The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.
Israeli Prime Minister Benjamin Netanyahu accused Hamas of reneging on parts of a ceasefire agreement that looked set to pause more than 15 months of fighting in Gaza, risking completion of the ...