Maersk ramps up Suez Canal return that could dampen freight rates

By Terje Solsvik OSLO, Jan 15 (Reuters) - Maersk said on Thursday that one of its services will resume using the Red Sea and ...
Sourcing Journal on MSN

Red Sea terminal debuts as ocean carriers test post-crisis Suez routing

Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in ...
Container Management

Egypt Boosts Suez Connectivity with New Semi-Automated Terminal at Ain Sokhna

Egypt has opened a semi-automated container terminal at Ain Sokhna, its principal Red Sea port, developed by a consortium of ...

Shipping group CMA CGM scales back Suez sailings on geopolitical risks

Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in plans to expand transits after two years of ...
NBC New York

U.S. Offers to Help Open Suez Canal, Sees Potential Impact on Energy Market

The White House said Friday that the U.S. has offered to help Egypt in its ongoing efforts to free a massive cargo ship stuck in the Suez Canal. "We are tracking the situation very closely," press ...