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Suez Canal

Arrest of the captain of a floating crane in Halki – Damage to the island’s power supply cables caused by the anchor being weighed

Yesterday at noon, officials of the Halki Port Authority proceeded to arrest the Captain of a floating crane (F/C) for violation of article 273...

Is It Safe for Global Shipping to Return to the Red Sea?

The Red Sea is the only direct route into the Suez Canal, and recent fighting pushed most owners to sail around the Cape, adding...

Is a Red Sea return closer than ever before?

MORE than two years has passed since the hijacking of car carrier Galaxy Leader (IMO: 9237307) by the Houthis, which signalled the advent of...

How much fuel does a ship burn: Examples and calculations

Fuel consumption is the largest operational cost for every ship. How much fuel does a ship burn? In this guide we will accurately calculate...

Shipping: What will the return via Suez bring

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

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

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...

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

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...

When resilience becomes a habit…

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...

BIMCO Tanker Shipping Market Overview & Outlook

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...

Nova Marine Carriers looks to the Far East. Romeo: “New ships for new markets

The leading group in the dry bulk sector with over one hundred ships is increasingly working with Vietnam, Indonesia, Bangladesh, India, New Zealand, and...
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