Sometimes three times higher.. 10 historical events that drove up oil prices
The article discusses ten historical events that have significantly increased oil prices, often due to supply disruptions or geopolitical conflicts.
Shipping Traffic: Woe if These Arteries of Global Trade Become Blocked
The article discusses the critical importance of maritime chokepoints for global trade and the current situation in key shipping routes like the Strait of Hormuz and the Suez Canal.
Shipping Traffic: Beware if these Arteries of World Trade Become Blocked
The article discusses the significance of key maritime chokepoints for global trade and the implications of their blockage.
The USS Gerald Ford moves from the Mediterranean to the Red Sea
The USS Gerald Ford, the world's largest aircraft carrier, has been moved from the Eastern Mediterranean to the Red Sea after transiting the Suez Canal.
The USS Gerald Ford, the largest American aircraft carrier, heads to the Red Sea after crossing Suez
The USS Gerald Ford, the largest American aircraft carrier, has crossed the Suez Canal and is heading towards the Red Sea amid ongoing military actions by the U.S. and Israel against Iran.
Aircraft Carrier Charles de Gaulle, the French ‘masterpiece’ of nuclear propulsion, will guard the Suez Canal
French President Emmanuel Macron announced the deployment of the nuclear-powered aircraft carrier Charles de Gaulle to the Mediterranean to secure essential maritime routes following the closure of the Strait of Hormuz.
Sisi warns of the repercussions of the Iran war on navigation through the Suez Canal
Egyptian President Abdel Fattah el-Sisi cautions that the ongoing conflict involving the US, Israel, and Iran could severely impact global navigation, particularly through the Suez Canal.
End of low container shipping rates
The Israel and US attack on Iran directly impacts the maritime transportation market, leading to significant increases in shipping rates, particularly on routes to and from the Middle East.
The world's largest aircraft carrier arrives in the Mediterranean
The USS Gerald R. Ford has arrived in the Mediterranean on its way to the Suez Canal amid rising tensions between the US and Iran.
Piraeus as a 'mirror' of cargo flow from Asia to Europe
The Port of Piraeus is experiencing a decline in cargo throughput due to ongoing shipping challenges and decreased shipments from Asia.
Suez Canal: On a Recovery Course for Transits and Revenue
The Suez Canal Authority reports a clear recovery in maritime traffic and revenue, despite ongoing geopolitical tensions.
Geopolitics: Why Hapag-Lloyd Wants to Navigate the Suez Canal Again
Hapag-Lloyd plans to re-navigate the Suez Canal after nearly two years of avoiding it due to security concerns from attacks by Houthi rebels in the Red Sea.