Maersk Diverts Ships to Avoid Red Sea Risks : Adding Costs to Global Shipping In a strategic move to mitigate the risk of attacks by Yemen-based Houthi militants, Denmark’s Maersk announced on Thursday that it has redirected four out of five container vessels from the Red Sea back towards the [...]
Global Trade Disrupted as Over 100 Container Ships Rerouted Due to Houthi Attacks The world’s trade routes are facing significant disruption as more than 100 container ships are being rerouted away from the Suez Canal, a critical passageway connecting Asia to Europe. The reason behind this diversion lies in the [...]
Suez Canal Resilience: Tugs and Tactics Restore Order After ONE Orpheus Mishap The Suez Canal Authority recently faced a challenging situation when an Ocean Network Express (ONE) containership, named ONE Orpheus, collided with a bridge, disrupting the northbound convoy. Despite efforts to divert the ships to the western channel, at [...]
A busy waterway in Egypt, the Suez Canal, was blocked again when a Hong Kong-flagged ship ran aground on Thursday morning. The Xin Hai Tong 23 blocked four vessels as it stopped at the southern entrance. The Suez Canal Authority said that the ship broke down due to engine failure while [...]
