Page 2 - Shipping

Pandemic chaos kills 1,800 cows on ship, fuels calls for animal ban

Coronavirus has worsened conditions for the roughly 2 billion animals exported each year, prompting demands for reform.

Suez Canal to seek over $1bn compensation for losses caused by stuck ship

Egypt's Suez Canal Authority (SCA) said that it will seek over $1 billion in compensation for the losses caused by the massive container ship which had blocked the vital waterway since March 23

The Suez Canal crisis is over, now it's time to add up the damages

Delays are adding to pressures on fragile global supply chains

Suez Canal races to clear backlog as shipping convoys resume

ISMAILIA, Egypt (Reuters) - The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but disruptions to global shipping and at ports could take months to resolve, experts warned.

Probe underway, a day after cargo ship freed in Egypt's Suez Canal

Experts boarded a colossal container ship that had been stuck for nearly a week in the Suez Canal before it was freed as questions swirled about the grounding that shook the global shipping industry

Traffic in Egypt's Suez Canal resumes after stranded ship refloated

With the 400-metre-long (430-yard) Ever Given dislodged, 113 ships were expected to transit the canal in both directions by early Tuesday morning, Suez Canal Authority (SCA) chairman Osama Rabie said

Egypt's Suez Canal blockage adds to pressure points in global trade

Delays in freeing a mammoth container ship stuck in Egypt's Suez Canal have highlighted still more pressure points in global trade, a year after supply chains were disrupted by the pandemic

The Suez Canal: A vital oil transit route with an ancient history

The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, is the quickest sea route between Asia and Europe and about 15% of global shipping traffic moves through it.

Oil prices recover some ground on fears Suez blockage may last weeks

Oil reversed a sharp sell-off a day earlier to rise 1% on mounting fears that it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude

Suez Canal could be blocked for weeks by stuck 'beached whale' ship

A container ship blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company said, as officials stopped all ships entering the channel in a new setback for global trade

Japanese owner of cargo ship stuck in Egypt's Suez Canal offers apology

At least 150 vessels are waiting to use the Suez Canal after a skyscraper-sized cargo ship wedged across the vital waterway

Stuck cargo ship in Egypt's Suez Canal imperils shipping worldwide

A skyscraper-sized cargo ship wedged across Egypt's Suez Canal further imperiled global shipping as at least 150 other vessels needing to pass through idled waiting for the obstruction to clear

Shipping lines set to decide if container e-module's a success

The FIEO says the e-module is a first-level marketplace where exporters can post their container demands online, which will help in ground-level assessment of containers required in the country

Ship charter rates to be exposed to volatility in near-term: Icra

Ship charter rates are likely to be exposed to volatility in the near-term, despite some segments seeing a recovery in pricing, as the demand outlook remains muted, rating agency Icra said

Trade groups ask govt to set up shipping regulator to check freight charges

Several trade bodies have urged the Centre to set up a regulator to deal with the rising freight charges, amid the problem of container shortages that exporters are facing

India's African oil imports hit 10-month high in August: Shipping data

India's oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from the Middle East, shipping data shows

Maersk to cut jobs as part of major reorganisation, internal email says

Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows.

Concor rally to lose steam over volume concerns, intensifying competition

Freight corridor delay, licence fee hike among headwinds for the stock

Coronavirus outbreak: Crashing freights to hit India's shipping business

SCI reported consolidated net sales of Rs 1,25,761 crore in December quarter, up 17 per cent over the same period last year

Melting ice starts a power struggle as shipping routes get unblocked

The Arctic is emerging as a potential geopolitical flashpoint for the US, Russia and China as shipping routes get unblocked