Posts tagged Shipping News

Slowdown and Piracy Sink Suez Canal Revenues

on July 27, 2009 by admin in Egypt News, Shipping News, World Business News, Comments Off

Suez Canal, Egypt’s major foreign currency earner and world’s busiest international trade routes has slashed its revenue by 7.2 percent owing to decline in traffic triggered by global economic crisis and piracy scare re-routing. The 191km long man-made waterway allows… Continue reading

Blue-tongue Virus Scare Forces the UAE to Impose Restrictions

on May 19, 2009 by admin in Bilateral Trade, Business, Cargo News, Dubai News, News, Shipping News, Tradeoff, UAE News, World Business, Comments Off

The World Organisation for Animal Health’s (OIE) report on the resurfacing of the blue-tongue disease among animals in some countries of Europe has alerted the UAE to take preventive measures to contain the virus from entering the country. On reports… Continue reading

Shipping Company Prays for New US Law to Arm Ships against Piracy

on May 6, 2009 by admin in Cargo News, Global Economy, Shipping News, Trade News, US Business News, World Business News, Comments Off

While testifying before a Senate subcommittee over the pirate attack on one of his vessels last month, Philip J. Shapiro of Liberty Maritime Corp. appealed to the Congress to pass a legislation allowing ships to carry firearms to defend them… Continue reading