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Waterway

Container ships keep piling up at Singapore port, sending sea freight rates soaring

by Walter Watson
Container ships keep piling up at Singapore port, sending sea freight rates soaring

“The fundamental backdrop remains the same with higher peak season volumes coming” in a shipping market already seeing healthy demand, Jefferies LLC analysts led by Omar Nokta wrote in a …

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Construction of China-backed canal in Cambodia sparks fears in neighbouring Vietnam

by Walter Watson
Construction of China-backed canal in Cambodia sparks fears in neighbouring Vietnam

Cambodia will start work on a controversial US$1.7-billion canal linking the capital Phnom Penh to the sea in August, Prime Minister Hun Manet said on Thursday. The Chinese-backed Funan Techo …

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South China Sea: Philippines denies striking deal with Beijing on disputed Second Thomas Shoal

by Walter Watson
South China Sea: Philippines denies striking deal with Beijing on disputed Second Thomas Shoal

The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South China Sea, calling the claim propaganda. …

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Tankers Collide In The Suez Canal, Sending One Aground

by Horatio Thompson
Tankers Collide In The Suez Canal, Sending One Aground

Photo: Suez Canal Authority (AP) Ever since the Ever Given ran aground in the Suez Canal in March 2021 and blocked the vital waterway for six days, there has been …

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Tankers Collide In The Suez Canal, Sending One Aground

by Horatio Thompson
Tankers Collide In The Suez Canal, Sending One Aground

Photo: Suez Canal Authority (AP) Ever since the Ever Given ran aground in the Suez Canal in March 2021 and blocked the vital waterway for six days, there has been …

Read more

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