Suez Canal Steps Up Efforts to Remove Blockage, Shipping Rates Surge March 26, 2021 By Nadine Awadalla, Jessica Jaganathan, Roslan Khasawneh and Julia Payne CAIRO, March 26 — The Suez Canal stepped up efforts on Friday to free a stuck mega vessel, after an...
‘Beached Whale’ Ship Could Block Suez Canal for Weeks March 25, 2021 By Yusri Mohamed, Gavin Maguire and Florence Tan ISMAILIA, Egypt — A container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the...
Rogue Captain’s Mid-Ocean Detour Tips Investors to Crisis at Sea February 2, 2021 By Alastair Marsh Terence Tsai started hearing about the growing labor crisis in shipping in a roundabout way. First, in March, an official...
Piracy Surge Off West Africa Draws Maersk Call for Action January 21, 2021 By William Clowes The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the...
Ship Insurers Primed to Raise Rates After Red Sea Attacks January 13, 2021 By Jonathan Saul LONDON — Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
China’s Bohai Bay Energy Terminals on Alert as Sea Ice Slows Ships January 12, 2021 By Muyu Xu and Chen Aizhu BEIJING/SINGAPORE — Chinese ports and marine safety authorities are on high alert as an expansion of sea ice makes it...
Longest Arctic Sailing Season Tops Off a Year of Climate Disasters December 15, 2020 By Anna Shiryaevskaya, Laura Millan Lombrana and Olga Tanas Thinning ice in the Arctic Ocean made this year’s navigation season for natural gas tankers the longest on record, the...
‘External Source’ Causes Oil Tanker Blast Off Saudi Arabia December 15, 2020 By Jon Gambrell DUBAI, United Arab Emirates (AP) — An oil tanker off Saudi Arabia’s port city of Jiddah suffered an explosion early...
Arctic Headache for Ship Insurers as Routes Open Up October 27, 2020 By Jonathan Saul LONDON — When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go...
Big Wheat Growers Are Starting to Hoard Supply April 15, 2020 By Megan Durisin The wheat market is starting to get shaken up by the ,. Panic buying of food might have largely eased...