Oil tanker diverts around Africa to avoid Suez Canal disruption
Suezmax tanker Marlin Santorini abruptly changed course Thursday afternoon to head around Africa on its journey from Houston to Asia, apparently to avoid the risk…
FMC orders 10 ocean carriers and 17 marine terminals to report on demurrage and detention practices
In response to complaints by U.S. exporters and Democratic and Republican Congressional representatives, the U.S. Federal Maritime Commission (FMC) announced that it was ordering 10…
Suez Canal has supported 2,335 container crossings since November
The Suez Canal waterway has supported 2,335 container ship crossings since November or 16 per day, according to vessel data analyzed by Bloomberg.
U.S. disrupts WTO dispute meeting over Venezuela sanctions fight
The World Trade Organization suspended a meeting of its dispute settlement body after the U.S. rejected Venezuela’s request for a probe into Trump-era sanctions against…
China sets duties on Australia wine for 5 years as ties sour
China will impose tariffs of more than 200% on Australian wine for five years, formalizing curbs that have been in place for months amid an…
China slaps sanctions on U.K. lawmakers over Xinjiang claims
China announced retaliatory sanctions on senior British politicians including the former leader of the ruling Conservative Party for “maliciously spreading lies and disinformation” about its…
Dislodging the Suez Canal ship said to need at least a week
Efforts to dislodge the massive Ever Given container vessel blocking the Suez Canal will take until at least next Wednesday, longer than initially feared, raising…
Threat of another lost summer stirs cash-crunch fears for airlines
The latest setbacks to the return of air travel are stoking concern that a cash crunch is about to bear down on the airline industry.
Your Instant Coffee May Soon Be at Risk From Suez Blockage
The crisis in the Suez Canal could soon hit your instant coffee.
Suez Crisis isn’t deterring orders for mega container ships
A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping companies from ordering similarly mega-sized vessels.
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