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Suez Canal

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Wednesday, 18 September, 2024 - 3:44 PM

Research Study: Red Sea Attacks Cause 85 Percent Drop in Ship Traffic

A research study showed that traffic at ports in the Red Sea has decreased by 85% since the beginning of Houthi attacks on commercial ships, while traffic in the Suez Canal has decreased by about 66% during the same period.

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Monday, 16 September, 2024 - 8:19 PM

How does the Red Sea crisis affect carbon reduction efforts?

The repercussions of the Red Sea traffic crisis due to attacks by the Houthi group on passing ships continue to affect maritime shipping, supply chains and the cargo shipping industry.

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Monday, 16 September, 2024 - 3:58 PM

Red Sea Crisis: Who are the Winners and Losers as Shipping Prices Rise?

First-half earnings in Asia revealed that the ongoing impact of the Red Sea crisis will continue to be a costly burden for companies that manufacture goods for export, while companies that transport these goods benefit from higher freight rates as the crisis deepens.

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Thursday, 5 September, 2024 - 2:29 PM

Maersk: Negative impact of Red Sea attacks increases as ship traffic diverted away from Suez Canal

Recent data shows the number of ships transiting the canal has fallen by 66 percent since shipping companies began diverting their vessels around Africa.

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