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CATEGORY

Suez Canal

Houthis Claim Magic Seas Cargo Ship Attack

Yemen’s Iran-aligned Houthis said on Monday that a cargo ship they struck with gunfire, rockets and explosive-laden remote-controlled boats had sunk in the Red...

Israel Bombs Yemeni Ports & Power Plant After Red Sea Ship Attack

Israel launched multiple airstrikes early Monday on ports and a power plant in Houthi-controlled parts of Yemen, hours after a commercial ship was attacked...

Rebate cancellation 08 Jul 2025...

The Suez Canal Authority has decided to suspend the 10% rebate for dry bulk vessels transporting wheat from ports north of the Canal to...

Charting a new course: How to inspire the next generation to join shipping

As the maritime sector confronts talent shortages and an aging workforce, the question arises: how can the industry attract the next generation of professionals?...

Magic Seas attack underscores Red Sea risk even as CMA CGM transits Suez

Tensions in the Red Sea shipping corridor have escalated following an attack on bulk carrier Magic Seas on the 6th of July even as...

Egypt: Suez Canal’s operations fall 23.1% in Q3 /25

Suez Canal activity dropped by 23.1% year on year in the third quarter (Q3) of fiscal year (FY) /2025, as per a statement issued...

Tragic incident in Gulf of Suez: Four dead, three missing as jack-up capsizes

ADES Holding Company, part of Saudi Arabia-headquartered ADES Group,has disclosed a towing incident in Egypt’s Gulf of Suez, involving a jack-up barge unit owned...

Four dead as ADES subsidiary’s barge capsizes in Gulf of Suez

Offshore drilling services provider ADES Holding has reported a maritime incident involving its subsidiary’s jackupbarge, Admarine 12, which capsized in Egyptian territorial waters.The barge...

Ocean Carriers Warn of No End in Sight for Global Shipping Logjam

It's easy to blame the tariffs from the Trump administration for the uncertainty plaguing global supply chains. But a variety of other factors —...

The Panama Canal and its importance for Australia

In the light of President Trump’s recent comments, Professor Michael G.H. Bel discusses the significance of the Panama Canal for global freight, and...
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