In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

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.

At 12.5 knots this would take 35.6 days at sea, each way (providing that the tanker was small enough to fit through the Suez Canal). Going from Ras Tanura to Rotterdam via the Cape of Good Hope ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

An alternative route, around the Cape of Good Hope on the southern tip of ... in the area on Friday - 107 at Port Suez in the Red Sea, 41 at the canal's midway point in the Great Bitter Lake ...

Experts say the route could cut up to two weeks off the travel time for ships journeying from China to Europe.

BIMCO forecasts that a weakening supply/demand balance will likely impact time charter rates, as the market adjusts to the new conditions ...

Houthi attacks have prompted many shipping companies to reroute their vessels around the Cape of Good Hope in South Africa, bypassing the Suez Canal altogether. Despite attacks by the United ...

President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the ...

The cost of shipping a container from Asia to Northern Europe surged 270 per cent in 2024. Read more at straitstimes.com.