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Salvage firm confirms sinking of Greek-owned Tutor struck by Houthis
Reuters via Yahoo News· 2 days agoThe UKMTO said on Tuesday that the vessel was believed to have become the second ship sunk by the...
The shipping industry is sounding the alarm as another vessel sinks in the Red Sea
CNN Business via Yahoo Finance· 13 hours agoLeading shipping groups have urged governments “with influence” to put a stop to Houthi attacks on...
The £9.3bn mini Suez Canal spanning 50 miles where two massive oceans meet
Daily Express· 5 days agoOne of the most famous of these is the Panama Canal which links the Atlantic Ocean and the Pacific...
Gateway - Jalopnik
Jalopnik· 3 days agoThe Suez Canal Authority announced its plans to widen the canal by adding some space in a second lane that was completed in 2015. The ...
Amid Red Sea War-Risk Premium Surge, Rerouting Around Africa ‘Less Expensive by Comparison’
Sourcing Journal via Yahoo News· 2 days agoIn May 2023, the total cargo tonnage was 142.9 million metric tons. To incentivize more ships to...
US Navy faces its most intense combat since World War II
Las Vegas Review-Journal· 6 days agoHe also noted Iran continues to arm the Houthis, despite U.N. sanctions blocking weapons transfers...
Houthis believed to have sunk second ship, the Tutor, in the Red Sea, UKMTO says
Reuters via Yahoo News· 2 days agoCAIRO/LOS ANGELES (Reuters) -Yemen's Houthi militants are believed to have sunk a second ship, the...
Singapore Port Logjam Lingers as Container Ships Keep Piling In
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- The logjam that’s been plaguing Singapore’s container port is bringing forward this...
Russian support of Houthis backfires on Putin's fleet
Newsweek· 16 hours agoVessels carrying Russian cargo remain at risk of attack by Houthi militants in the Red Sea, despite...
Did FedEx Corporation (FDX) Maintain a Strong Financial Position in Q1?
Insider Monkey via Yahoo Finance· 1 day agoWe recently compiled a list of the 11 Best Freight Stocks To Buy Now. In this article, we are going...
