Air Freight News
Ships larger than three soccer fields show why Suez is blocked
The maritime world went into overdrive this week to dislodge one of the world’s biggest ships after it got jammed in Egypt’s Suez Canal, laying…
Suez snarl seen halting $9.6 billion a day of ship traffic
A back-of-the-envelope calculation shows there’s about $9.6 billion worth of daily marine traffic halted by the massive container vessel that lodged in the Suez Canal…
Elite salvagers set to tackle massive ship blocking Suez Canal
An elite team is set to tackle the monumental challenge of freeing the massive container vessel that’s blocking the Suez Canal, as a backlog of…
Suez Canal blockage is rare accident along key maritime route
The grounding of a 200,000-ton container ship that’s brought the Suez Canal to a halt for days is a dramatic, though rare, example of a…
What’s backed up at the Suez Canal? Live animals, oil and food
The vessels lined up at the blocked Suez Canal, one of the world’s busiest waterways, are carrying everything from live animals to liquefied natural gas.
EU, U.K. signal progress in defusing spat over vaccine exports
The European Union and the U.K. signaled a thawing of relations over vaccine sharing, just hours after the bloc escalated their long-running public battle with…
Trump’s DOT blocked safety rule deemed critical in 737 Max probe
Nine days after the first of two fatal Boeing Co. 737 Max crashes in 2018, the U.S. Transportation Department quietly shelved a major initiative aimed…
Tug boats scramble to move massive ship blocking Suez Canal
Tugs and diggers have so far failed to dislodge a massive container ship stuck in the Suez Canal for a third day, increasing the chances…
Indian refiners grab new oil supply to cut Mideast reliance
Refiners in the third-biggest oil importer are snapping up more cargoes from outside the Middle East after India’s government urged them to diversify suppliers with…
World’s biggest wealth surge heralds rise of India’s next Ambani
After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the fossil fuel to cement his…