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Keyword: suezcanal

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  • Demand For Russian Rail Cargo Surges After Houthi Read Sea Attacks - Reports

    03/11/2024 3:38:49 PM PDT · by marshmallow · 7 replies
    Sputnik News ^ | 3/11/24
    MOSCOW (Sputnik) - Demand for transporting goods from Asia to Europe by rail via Russia has increased by an average of 30% since the start of the Red Sea crisis, the Financial Times newspaper reported, citing logistics companies and rail operators. German shipping company DHL said that requests to transport goods on Russian railways have increased by 40% since container ships began traveling along alternative routes following the Houthi attacks in the Red Sea, the report said on Sunday. At the same time, Netherlands-based Rail Bridge Cargo said that rail freight traffic via Russia was 31% higher this year compared...
  • Sen. Kaine calls Biden’s claims of self-defense against Houthis ‘laughable’

    02/28/2024 11:42:41 AM PST · by ChicagoConservative27 · 10 replies
    The Hill ^ | 02/28/2024 | CLAYTON VICKERS
    The Biden administration’s legal justification for its attacks on Houthi militants in Yemen is “laughable,” Sen. Tim Kaine (D-Va.) said at a Senate Foreign Relations committee hearing Tuesday on United States actions in the Red Sea. Speaking to defense officials, Kaine said though “Houthi behavior is abhorrent,” he has “grave skepticism” about the administration’s interpretation of presidential military powers under Article 2 of the Constitution. “A narrow mission to defend U.S. shipping, both military and commercial — that is Article 2 self-defense,” Kaine said. “Article 2 self-defense means you can defend U.S. personnel, you can defend U.S. military assets, you...
  • Amid Gaza war, spot container shipping rates soar 173% on Red Sea diversions

    01/07/2024 8:54:52 AM PST · by yesthatjallen · 10 replies
    Middle East Observer ^ | 01 05 2024 | Staff
    Suez traffic is down 28% in the past 10 days. Also, the commercial Suez Canal traffic reportedly downed almost 60% since the Houthi attacks began in response to the Israeli war on Gaza. Short-term rates for container shipping between Asia, Europe, and the US are climbing on reduced capacity caused by the ongoing threats to cargo vessels in the Red Sea. The spot rate for shipping goods in a 40-foot container from Asia to northern Europe now tops $4,000, a 173% jump from just before the diversions started in mid-December, Freightos.com, a cargo booking and payment platform, said late Wednesday....
  • Houthi threats prompt shipping companies to rethink Suez Canal use

    12/22/2023 5:05:33 AM PST · by bert · 23 replies
    Jerusalem Post/THE MEDIA LINE ^ | 12/20/2023 | DEBBIE MOHNBLATT
    If all traffic in the Suez Canal stopped, Egypt would lose about $13 million daily, disrupting its main foreign currency income. In light of the constant Houthi attacks on commercial vessels sailing near Yemen’s coasts, several shipping companies have announced in recent days that they will halt their ship flow through the Suez Canal until sailing in the Red Sea is safe again. If this domino-like trend continues, Egypt could face massive foreign currency income losses and devaluation of its currency. Furthermore, if the situation continues for long enough, alternative trade routes could become more frequented. Since the beginning of...
  • Bidenomics: Get ready for fresh shortages

    12/19/2023 9:59:10 AM PST · by SeekAndFind · 27 replies
    American Thinker ^ | 12/19/2023 | Monica Showalter
    Joe Biden's economy is a disaster, but that doesn't mean it can't get worse. A couple of little publicized commerce/transport events make new problems, specifically, shortages of consumer goods, all but certain. Start with what's going on around the Saudi Arabian peninsula, where Houthi rebel rocket and drone attacks on ten commercial ships has reached crisis levels, and major shipping lines, such as Maersk, have opted to go around the horn of Africa the way Magellan had to do, in order to deliver their cargo loads to Europe and beyond.According to the trade publication Insurance Journal:Shipping in the Red Sea...
  • Why Ethiopia is Preparing to Invade Eritrea Next [49:54]

    12/03/2023 9:00:59 AM PST · by SunkenCiv · 19 replies
    YouTube ^ | November 28, 2023 | RealLifeLore
    Why Ethiopia is Preparing to Invade Eritrea Next | 49:54 | RealLifeLore | 7.22M subscribers | 1,321,742 views | November 28, 2023
  • Israeli ship with 22 on board hijacked by Yemen’s Houthi militia in the Red Sea

    11/19/2023 3:21:35 PM PST · by Robe · 24 replies
    The Liberty Daily ^ | 11/19/2023 | End Time Headlines
    An Israeli ship named “Galaxy Leader” has reportedly been hijacked by Yemen’s Houthi militia in the Red Sea. The ship had 22 people on board, according to reports. Israeli sources said that the Houthis seized a vessel partially owned by Israel in the Red Sea. No Israeli nationals were on board the ship, according to the sources. Earlier on Sunday, Yahya Sarea, a spokesman for the Iran-backed Houthis, said that the group would target all ships owned or operated by Israeli companies or carrying the Israeli flag, according to the group’s Telegram channel.
  • Israel Is Planning an ‘Inland Suez Canal’ Across Its Desert. At What Cost?

    11/05/2023 4:02:06 PM PST · by ATOMIC_PUNK · 20 replies
    https://www.haaretz.com/israel-news ^ | Jan 17, 2023 | Moshe Gilad
    Israel Is Planning an ‘Inland Suez Canal’ Across Its Desert. At What Cost? Israel's planned high-speed train to Eilat: dream or potential environmental train wreck? In theory, it sounds amazing: a high-speed train to Eilat, the country’s southernmost city on the shores of the Red Sea. This was attested to by Prime Minister Benjamin Netanyahu in his recent Knesset speech enumerating the new government’s goals, in which he described it as a major national project: “The mission is to develop the country’s infrastructures, including developing a high-speed rail that will travel hundreds of kilometers per hour and connect the country...
  • LNG carrier runs aground in Suez Canal

    02/01/2023 11:30:48 AM PST · by george76 · 19 replies
    Splash ^ | February 1, 2023 | Adis Ajdin
    A large liquefied natural gas (LNG) carrier Grace Emilia ran aground in Egypt’s Suez Canal on Wednesday. Local media reports the shipping traffic is unaffected as the incident took place in a southern section of the canal where a second channel allows for ships to bypass the blockage. AIS data from Vesselfinder (below) showed four tugboats working to move the 293-m-long vessel. Equasis lists the 2021-built 174,000 cu m ship, which entered the canal early Wednesday morning, as owned by Japan’s NYK. The latest incident comes just three weeks after the bulker Glory bound for China carrying 66,000 mt of...
  • Exclusive - The Netanyahu Doctrine: An in-depth regional policy interview

    12/17/2022 12:35:32 AM PST · by robowombat · 1 replies
    Al Arabiya English ^ | 16 December ,2022: 09:22 PM GST
    Al Arabiya English Benjamin Netanyahu is preparing to become the Prime Minister of Israel for the third time. He has until December 21 to form a government before taking office. In a wide-ranging interview with a group of print and television journalists at Al Arabiya, Mr. Netanyahu discussed Israel’s relations with Arab states, the US alliance structure in the Middle East, unrest in Iran, Israel’s new hard-right government, the future of the US-brokered maritime border agreement with Lebanon, and the Russia-Ukraine war. Mr. Netanyahu reiterated the paramount importance of normalization with Saudi Arabia, which would be a “quantum leap” toward...
  • Gibraltar Recognised as a British city, 180 years ate

    08/29/2022 8:45:51 PM PDT · by nickcarraway · 9 replies
    Asia One ^ | AUGUST 29, 2022
    Gibraltar finally joined the official list of British cities on Monday (Aug 29), after 180 years in which its status, granted by Queen Victoria, had been overlooked due to an administrative error. The British overseas territory bid to become a city earlier this year as part of the celebrations for Queen Elizabeth's Platinum Jubilee, but research in the National Archives established it had in fact been granted city status in 1842. "It is excellent to see official recognition given to the City of Gibraltar, a huge accolade to its rich history and dynamism," British Prime Minister Boris Johnson said in...
  • How Engineers Widened The Suez Canal For Bigger Ships [4K]

    05/30/2022 9:35:44 AM PDT · by SunkenCiv · 9 replies
    YouTube ^ | Premiered May 15, 2022 | Spark
    It's a major construction project, aimed at doubling the width of the Suez Canal and deepening its main waterway. 500 million cubic meters of sand and soil have already been transported from all over the world. Using unprecedented 3D images, we reveal how the canal will be widened. We also look back to the original construction, back in 1859, to show how it first came to be built.How Engineers Widened The Suez Canal For Bigger Ships [4K]Extreme Constructions | Spark | Premiered May 15, 2022
  • The Ever Given, Fresh From Suez, Becomes a Tourist Attraction

    07/31/2021 6:23:37 AM PDT · by C210N · 3 replies
    Wall Street Journal ^ | July 30, 2021 | Benoit Faucon
    ROTTERDAM, Netherlands—The Ever Given, the 1,300-foot container ship that became an internet meme after getting stuck in the Suez Canal, is now facing a new type of celebrity: tourist destination.
  • US Navy says new task force to patrol Red Sea amid Yemen war

    04/13/2022 5:44:50 PM PDT · by EBH · 10 replies
    Yahoo/AP ^ | 4/13/22 | JON GAMBRELL
    DUBAI, United Arab Emirates (AP) — The U.S. Navy said Wednesday it will begin a new task force with allied countries to patrol the Red Sea after a series of attacks attributed to Yemen's Houthi rebels in a waterway that's essential to global trade. Vice Adm. Brad Cooper, who oversees the Navy's Mideast-based 5th Fleet, declined four times to directly name the Iran-backed Houthis in his remarks to journalists announcing the task force. However, the Houthis have launched explosive-laden drone boats and mines into the waters of the Red Sea, which runs from Egypt's Suez Canal in the north, down...
  • What We Can Learn From Russia's Debacle

    04/03/2022 6:31:33 PM PDT · by Rummyfan · 46 replies
    PJ Media ^ | 1 Apr 2022 | Richard Fernandez
    If Putin had followed the advice offered in the Belmont Club just before the Ukraine War, Russia might still be a first-rank power. On Feb 21, 2022, I argued that he had no chance of conquering Ukraine and would be crazy to try. “Fears over Vladimir Putin’s threatened invasion of Ukraine continue to grow despite the fact that the effort would burst both Russia’s military and economy, not to mention ruining its foreign relations. Swallowing a poison pawn makes so little sense that UK Prime Minister Boris Johnson says Russia’s Putin may be ‘irrational,’ unable to act in his own...
  • Russia seeks military aid and equipment from China amid Ukraine conflict, U.S. official says

    03/14/2022 8:15:28 AM PDT · by SeekAndFind · 47 replies
    FOX6 ^ | 03/14/2022
    WASHINGTON - A U.S. official said Russia asked China for military equipment to use in its invasion of Ukraine, a request that heightened tensions about the ongoing war ahead of a Monday meeting in Rome between top aides for the U.S. and Chinese governments. In advance of the talks, White House national security adviser Jake Sullivan bluntly warned China to avoid helping Russia evade punishment from global sanctions that have hammered the Russian economy. "We will not allow that to go forward," he said. The prospect of China offering Russia financial help is one of several concerns for President Joe...
  • Ever Given container ship that blocked the Suez Canal sparking global trade chaos finally resumes its journey after £400million settlement

    07/07/2021 12:59:30 PM PDT · by algore · 10 replies
    The Megaship which blocked the Suez Canal for six days in March set sail Wednesday following a compensation deal between Egypt and the vessel's Japanese owner. The ship, MV Ever Given, started to move north from the central canal city of Ismailia towards the Mediterranean Wednesday morning after having been impounded for more than 100 days. The nearly 200,000-tonne container vessel was wedged in the canal during a sandstorm on March 23, blocking a passage from Asia to Europe that carries 10% of global maritime trade and pumps vital revenues into Egyptian state coffers. Egypt seized the ship after an...
  • Maersk Warns South China Port Congestion ‘More Significant Disruption’ Than Suez Canal Closure

    06/16/2021 8:51:39 PM PDT · by blam · 10 replies
    Nation & State ^ | 6-16-2021
    We previewed last week to readers that port congestion wasn’t just observed across US West Coast ports, such as Los Angeles/Long Beach, but also severe congestion was developing in southern China. At the time, we called it a “perfect storm” ahead of the peak shipping season. Now the world’s largest container line, Maersk, calls the port congestion at Yantian International Container Terminal, a deepwater port in Shenzhen, Guangdong, in southern China, a much more significant disruption to its operations than the shutdown of the Suez Canal in March. Ditlev Blicher, Maersk Asia Pacific Managing Director, was quoted by Seatrade Maritime,...
  • Gnome Shortage; Lockdown and Suez Canal Blockage Blamed

    04/15/2021 4:23:43 PM PDT · by Diana in Wisconsin · 23 replies
    BBC ^ | April 15, 2021 | BBC Staff
    Supply chain issues and the popularity of garden centres during lockdown are causing a shortage of garden gnomes. The ornaments are in short supply with raw materials hard to come by and the recent blockage of the Suez Canal contributing to the national shortage. Ian Byrne, assistant manager of Highfield Garden World in Whitminster, said there had been a "massive upswing" in the sales of garden gnomes. "There aren't any [gnomes]. There's definitely a shortage. It's a combined thing with garden centres being so busy, I looked at some figures based on March which said garden centres were 97% busier...
  • Dislodged Suez Canal cargo ship Ever Given held amid $916 million claim

    04/15/2021 6:50:27 AM PDT · by deport · 56 replies
    NBC News ^ | April 14, 2021 | Yuliya Talmazan, Charlene Gubash and Arata Yamamoto
    A mammoth cargo ship that blocked the Suez Canal last month is being held in the waterway as authorities pursue a $916 million compensation claim against its owner, according to the vessel’s insurer. The UK Club, an insurer for the Ever Given, said in a statement Tuesday that the ship's Japanese owners received a claim from the Suez Canal Authority (SCA), which runs the canal, on April 7. The claim includes $300 million for "loss of reputation." The company said a "generous offer" was made to the SCA to settle their claim on Monday, without elaborating on the sum.