Latest News for: Suez global

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Global marine fuel demand surges in 2024 due to Red Sea reroutes

SAFETY4SEA 14 Feb 2025
Overall, disruptions in global maritime trade significantly impacted key routes such as the Red Sea and the Suez Canal throughout 2024. The surge in marine fuel demand also highlights broader shifts in global shipping dynamics.
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Is Trump’s Plan To Take Greenland To Control Arctic Shipping Lanes?

Antiwar 14 Feb 2025
Today, warming temperatures in the Arctic are leading to a receding of sea ice, finally unlocking the NWP, turning what was once an explorer’s graveyard into a potential global shipping route in the coming decades ... A Global Perspective.
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Car carrier AICC HUANGHU crosses Suez Canal on its first maritime voyage

Egypt Today 13 Feb 2025
Admiral Osama Rabie, head of the Suez Canal Authority (SCA), emphasized that the passage of such ships signals the growing interest among ship owners and operators in using the Suez Canal, thanks to its strategic importance in global trade.
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Egypt Completes EGP 9 Billion Suez Canal Development Project

Egyptian Streets 13 Feb 2025
The completion of the project comes as Egypt faces mounting challenges in the Red Sea, where ongoing security concerns have significantly impacted global trade through the Suez Canal.
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Can Egypt's Strategic Diplomacy Bring Peace to the Middle East?

Independent online (SA) 13 Feb 2025
With unprecedented challenges and shifting global alliances through BRICS+, Cairo's unique position as a regional mediator faces its greatest test ... an increasingly influential role in global security.
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Sudan says plan for first Russian naval base in Africa will go ahead

AOL 13 Feb 2025
If the agreement is implemented, Russia would join the US and China in the region ... The Red Sea is one of the world’s most strategically important waterways, connecting the Suez Canal to the Indian Ocean. About 12% of global trade passes through it ... .
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Traffic in Suez Canal is expected to normalize by March

SAFETY4SEA 12 Feb 2025
In particular the Suez Canal.  Connects the Mediterranean Sea with the Red Sea Crucial for trade between Europe and Asia Reduces travel time for ships by eliminating the need to navigate around Cape of Good Hope Share of global trade volume.
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SCA Head meets with Panama Ambassador to discuss cooperation, facilitate trade

Egypt Today 12 Feb 2025
Both the Suez Canal and the Panama Canal serve as critical arteries for global trade, facilitating the movement of goods, energy, and essential supplies between continents ... Both the Suez Canal and the ...
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North West law firm Brabners delivers third consecutive year of deal-making growth

The Business Desk 12 Feb 2025
Activity was driven by consistently strong acquisitive demand amongst larger firms, with the team advising global clients including Atlas Copco, Suez Group and Terminal Investment on a number of transactions at home and abroad.
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Cyprus Business Now: Hellenic Bank acquisition, tourism conference, tariff reaction

CyprusMail 12 Feb 2025
... position, and certainly, tariffs will not facilitate global trade,” he said ... This growth comes amid a backdrop of ongoing global logistical challenges, notably the prolonged closure of the Suez Canal.
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Drewry Survey: Red Sea Chaos Expected to Ease in 2025, But Trump Tariffs Loom Large

gCaptain 11 Feb 2025
A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of 2025, while bracing for escalating U.S. tariffs that could reshape global trade patterns.
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Jumbo Cyprus sees 3 per cent increase in sales

CyprusMail 11 Feb 2025
This growth comes amid a backdrop of ongoing global logistical challenges, notably the prolonged closure of the Suez Canal ... raising alarms over potential impacts on the global economic stability.
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Egypt, Denemark discuss Red Sea security and ceasefire implementation

Egypt Today 11 Feb 2025
They warned of the negative impact of such threats on global trade, Suez Canal revenues, and major shipping companies, stressing the need for continued international efforts to restore security in the region.
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South Africa Strengthens Maritime Environmental Laws as Cape Route Traffic Surges Amid Red Sea Crisis

gCaptain 11 Feb 2025
The legislation arrives amid unprecedented challenges in global shipping, with vessels increasingly opting for the Cape route over the traditional Suez Canal passage due to Houthi attacks in the Red Sea.
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Al-Sisi, Danish PM stress urgency of Palestinian state on 1967 borders

Daily News Egypt 11 Feb 2025
The two leaders also addressed pressing regional and international concerns, with a particular focus on the Gaza crisis ... They noted the significant impact of such attacks on global trade, Suez Canal revenues, and major shipping companies ....
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