
Twin crises send cargo ships back to 18th century trade routes
A year that started with smooth sailing for the global economy — vanishing supply snarls, slower inflation and fading pandemic gloom — is ending with

A year that started with smooth sailing for the global economy — vanishing supply snarls, slower inflation and fading pandemic gloom — is ending with

Chartering costs for a so-called Suezmax, the largest class of oil tanker that can pass through the Suez Canal with its tanks full, soared as

World oil markets reacted to the news as shipping experts have warned of the potential for growing delays and an impact on global supply chains

The Panama Canal, the century-old engineering marvel that revolutionized global trade, is being squeezed shut by drought and forcing shippers worldwide to face a painful

General rates for container vessels, car carriers, chemical, crude, and product tankers, as well as gas carriers, will experience a 15% rise in the charges

The development of the India — Middle East — Europe Economic Corridor (IMEC), unveiled at the G20 Summit two weeks ago, will not threaten established

The move comes in accordance with Egyptian presidential directives to lure more foreign investments. SCZone added that the measure is also part of its painstaking

A.P. Moller-Maersk confirmed that it has filed a lawsuit against Japan’s Shoei Kisen, the owner of Ever Given, and Evergreen, the operator of the container

According to a statement by the Suez Canal Economic Zone (SCZone), a total of 352 vessels crossed the Suez Canal from both directions in December

A year that started with smooth sailing for the global

Chartering costs for a so-called Suezmax, the largest class of

World oil markets reacted to the news as shipping experts

The Panama Canal, the century-old engineering marvel that revolutionized global

General rates for container vessels, car carriers, chemical, crude, and

The development of the India — Middle East — Europe

The move comes in accordance with Egyptian presidential directives to

A.P. Moller-Maersk confirmed that it has filed a lawsuit against

According to a statement by the Suez Canal Economic Zone