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CATEGORY

Egypt

Market

Shipping: What will the return via Suez bring

Carlos Nieves -
On the one hand, the return of large fleet vessels with Europe as their destination strengthens confidence for a safer and shorter route via...
Australia

The International Maritime Organization renews the composition of the council

Akira Nakamura -
States elected to be part of the three traditional categories divided based on presence and importance in maritime services and trade. Italy in group...
Bahrain

Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange

Malik Johnson -
Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional plaque exchange ceremony in collaboration with Cruise Saudi. The 1260-guest Celestyal...
Egypt

Egypt’s Suez Canal loses around $800 million in monthly revenue due to regional unrest

Akira Nakamura -
Egyptian President Abdel Fattah al-Sisi announced that the Suez Canal is losing around $800 million in revenue each month due to regional instability. Iran-backed Houthis...
Market

SeaLead Revamps 5CX Service, Strengthening Far East-Mediterranean Connection via Suez Canal

Zhang Weili -
SeaLead, a fast-growing global shipping line, has announced the revamp of its Five Seas Express (5CX) service with a new routing structure. The newly...
Market

When resilience becomes a habit…

Akira Nakamura -
Low demolition levels and uncertain forecasts for the medium-long term. Just as the prospects for a return to full operation for the Suez Canal...
Azerbaijan

Cargo ship without fuel sails unmanned in Gibraltar – Rescue operation by Spain

Carlos Nieves -
Spanish authorities found themselves facing a rare case, ultimately deciding to intervene and tow a ship that was drifting unmanned in the Strait of...
Barbados

Two ships of Russia’s sanctioned shadow fleet caught fire in the Black Sea off Türkiye

Monica Germany -
Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish...
Egypt

Two Shadow Fleet Tankers Struck in Black Sea

Priya Anika Rajan -
Two sanctioned tankers involved in the Russian oil trade were struck in the Black Sea over the weekend. The Kairos was hit by ‘an external...
Energy

BIMCO Tanker Shipping Market Overview & Outlook

Carlos Martinez -
Geopolitics again take centre stage “We forecast balanced supply and demand growth for the crude tanker market in 2026 but a weakening in 2027 as...
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