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suez canal
Global Economy
Red Sea attacks mean double wages for Danish crew
The hazard pay kicks in for the time spent in two defined high-risk areas in the region.
December 29, 2023
Global Economy
Twin crises send cargo ships back to 18th century trade routes
The widespread rerouting from the canals ensnares ships hauling everything from toys and auto parts to gas to fuel to crude oil.
December 22, 2023
Broker's Calls
Samudera to benefit from favourable freight rates; trading at a huge bargain: UOB KH
Samudera is trading at 6.5 times FY20 core P/E, a 46% discount to its peers' average of 12.1 times.
April 06, 2021
Offshore & Marine
Ever Given finally freed; Suez Canal to reopen
Efforts will now get under way to restart shipping navigation, with more than 450 vessels waiting near the canal.
March 29, 2021
Offshore & Marine
Ship blocking Suez Canal partially refloated
The Ever Given has been partially refloated, but more work will be needed to free the ship.
March 29, 2021
Oil & Gas
Suez Canal blockage should have limited impact on oil prices: Fitch Solutions
Impact on oil prices will be short-lived as the market should able to absorb the disruption in the near term.
March 29, 2021
Global Economy
Briefs: Eden bulk purchase rumoured to be $300 mil; Singaporean charged for nickel scam
Bulk purchase at luxury condo Eden rumoured to be $300 million and other news this week.
March 26, 2021
Offshore & Marine
Suez Canal blockage highlights major risk faced by shipping industry
If history is any guide, this halt won’t be the last.
March 25, 2021