TradeWinds4h
Egypt ‘cautiously optimistic’ on Suez Canal traffic as shipping mulls Red Sea return
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...
Hebdo Ahram23d
Cape of Good Hope route unsustainable as it lacks necessary services: Suez Canal chairman
The tensions in the Red Sea have led several shipping companies to divert their ships from the Suez Canal, where 12 percent of global trade used to cross, to the much-longer Cape of Good Hope.
Business Insider13y
A Deep Look At Oil Tankers And The Suez Canal In The Wake Of The Egyptian Crisis
“While Suez closure ... load in the Red Sea and transit the Canal,” explained the trader. “What’s probably going to happen is that they re-rout ships to the Cape [of Good Hope],” he ...
TradeWinds2d
MSC swerves Red Sea return as CMA CGM dips a toe back in troubled waters
Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is ...
BBC1y
Hapag-Lloyd says Red Sea route still 'too dangerous'
Some ships using the Red Sea ... Cape of Good Hope, adds about 3,500 nautical miles to the journey - leading to fears of disruption to the supply of goods transported through the Suez Canal ...
Hebdo Ahram7d
Shipping firms decision to reroute away from Suez Canal is 'temporary' amid Red Sea tensions: SCA chair
Rabie said that even though only 19 ships were targeted since the beginning of the Red Sea ... the Suez Canal is the safest and most cost-effective compared to Africa’s Cape of Good Hope route.