Suez Canal
Asian Shipping Costs Skyrocket to $10,000 Amidst Rising Demand And Disruptions
Business | May 30, 2024According to a recent report in The Business Times, firms transporting goods from Asia are bracing for soaring shipping costs, with p..
Shipping, Logistics Industries Lose Patience Over Red Sea Standoff
Business | Feb 27, 2024The Houthi attacks on the vessels passing through the Red Sea has caused cavernous disruption to the international trade. The rerouti..
Red Sea Crisis Forces Shipping Company 'Diana' To Stay Away From Suez Canal
Business | Feb 25, 2024Another shipping company, Diana Shipping, one of the global shipping and transportation providers, is avoiding the Suez Canal route d..
UN Warns Threat To Global Trade Due To Escalating Attacks On Ships
Business | Jan 27, 2024The United Nations Trade and Development body, UNCTAD, has raised its concern over escalating attacks on ships in the Red Sea which a..
Red Sea Crisis Soars Higher In Damages Than Covid 19 For Supply Chain: Maritime Advisory
Business | Jan 19, 2024Houthi attacks in the Red Sea are seemingly bringing in more damages to the supply chain than the early Covid 19 pandemic. According..
Red Sea Crisis Causes Higher Costs, Delays And Inflation Worries
Business | Jan 09, 2024According to Flexport, a platform that coordinates global logistics, says that as of January 8, 2024, there..