Showing posts with label Suez Canal. Show all posts
Showing posts with label Suez Canal. Show all posts
Friday, June 13, 2025

Compared to the first quarter of 2023, total ships passing through the Suez Canal is down 52.7% in 1Q2025, and total net tons passing through is down 68.4%

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 Freedom of the seas not restored.  
Thursday, June 5, 2025

Traffic through the Suez Canal to and from the Red Sea remains down 60%, Egypt is losing billions of dollars on transits still rerouted around the southern tip of Africa

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 The New York Times reports here : ... The cease-fire, which began May 6, ended a U.S. campaign that involved over 1,100 strikes against th...
Wednesday, January 3, 2024

Off again on again Maersk is off again on Red Sea/Suez Canal transit, freight rates triple

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  From the story : Uncertainty remains despite a U.S.-led military effort to curb the attacks. Maersk had resumed the Suez route, but suspe...
Tuesday, December 19, 2023

Maersk reroutes container ships around Africa to avoid the Houthis in the Red Sea and Gulf of Aden

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  Maersk said that, after monitoring the situation since suspending the routes on Friday, it had decided all vessels currently on hold and ...
Monday, December 18, 2023

BP suspends Red Sea transit while Biden & Co. dither

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  “In light of the deteriorating security situation for shipping in the Red Sea, bp has decided to temporarily pause all transits through th...
Saturday, December 16, 2023

World's largest shipping carrier MSC abandons Red Sea/Suez Canal travel, will divert vessels around Africa after Friday attacks by Iran-backed Houthi Rebels of Yemen, Biden administration dithers and jibbers

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  MSC, the world’s largest shipping carrier, joins shipping giants Hapag-Lloyd and Maersk in Red Sea travel pause amid attacks :       MSC,...
Thursday, February 3, 2011

Suez Canal Moves 2.5 Percent of Global Oil Production

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So says an article at Bloomberg.com here : About 2.5 percent of global oil production moves through Egypt via the Suez Canal and the adjacen...