The crude oil tanker RN Polaris and a bulk carrier sail in Nakhodka Bay near the port city of Nakhodka, Russia, | Photo Credit: Reuters Yemen’s Iran-backed Houthis have been targeting vessels in the Red Sea since November to show their support for the Palestinian Islamist group Hamas in its war against Israel. This has … Read more
The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but disruptions to global shipping and at ports could take months to resolve, experts warned. The blockage threw global supply chains into disarray, threatening costly delays for firms already … Read more
As concerns grow over the prolonged blockage of waterway in the Suez Canal in Egypt, prices of not only petrol and diesel but also coffee may be in for a rise. A huge container ship, which had run aground, continued to block traffic in the Suez Canal, one of the world’s busiest waterways, and the … Read more
Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway, while two sources said efforts had been complicated by rock under the ship’s bow. Dredgers working to dislodge the stranded vessel have so far shifted 27,000 cubic metres of sand, to a depth … Read more
The head of the Suez Canal Authority said on Saturday that efforts to dislodge a huge container ship blocking the canal had allowed its stern and rudder to move but he could not predict when it would be refloated. SCA Chairman Osama Rabie said he hoped it would not be necessary to resort to removing … Read more
An attempt to refloat the stranded container ship blocking the Suez Canal has failed, the ship’s technical manager, Bernhard Schulte Shipmanagement (BSM), said on Friday. The firm said a Dutch rescue team from Smit Salvage had confirmed that two additional tugs would arrive on March 28 to assist in refloating the ship. “The focus is … Read more