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☆ Oil set for weekly gain on signs of improving demand
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the United States. Brent crude oil prices rose 21 cents, or 0.3%, to $83.48 a barrel by 0018 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2%, to $79.41 a barrel. Brent futures are set to rise about 1% on a weekly basis, and WTI futures are set to gain 1.4%. Recent declines in oil and refined products inventories at major global trading hubs have created optimism over oil demand growth, reversing a trend of rising stockpiles that had weighed heavily on crude oil prices in prior weeks.

Persons: Brent, Alex Hodes Organizations: . West Texas, Brent, ., Financial, Federal Reserve Locations: Tutong district, Brunei, United States, U.S, Europe's Amsterdam, Rotterdam, Antwerp

☆ Margaritaville at Sea failed a surprise health inspection due to too many people in hot tubs and concerns about food safety
▼ + stars: | 2024-05-16 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

Read previewOn May 1, CDC officials boarded Margaritaville at Sea, a Jimmy-Buffet-themed ship that welcomes 1,680 passengers, for an unexpected health inspection. In the inspection detail report, officials noted food and drink concerns as well as crowded whirlpools. Beyond food and drink, the officials noted that whirlpools often had six guests, although they're designed for a maximum of four people. Previously, the MSC Seaside failed with a score of 67, Business Insider reported last spring. In the past two years, multiple Business Insider reporters have boarded the Margaritaville at Sea Paradise ship, and their reviews have been mixed.

Persons: —, whirlpools, they're, Patrick Connolly, Norwegian Joy, Margaritaville, Brittany Chang, Lauren Mack, staterooms, Mack Organizations: Service, CDC, Sanitation, Business, Margaritaville, USPH, MSC, Orlando Sentinel, Tribune, Getty, Vessel Sanitation, Disney, Summit, MSC Seascape, Silver, Norwegian Pearl, Paradise Locations: Oceania, Rotterdam, Norwegian

☆ South Koreans compete to see who’s best at doing absolutely nothing
▼ + stars: | 2024-05-16 | by ( Sophie Jeong | ) edition.cnn.com time to read: +4 min

The annual Space-out competition, held on Sunday, finds who’s best at zoning out for 90 minutes without falling asleep, checking their phone or talking. Speed skater Kwak Yoon-gy takes part in the annual Space-out competition held on Sunday in Seoul. 26-year-old YouTuber Kim Seok-hwan zones out as he participates in the annual Space-out competition held on Sunday in Seoul. CNNThis year marks the tenth anniversary of the Space-out competition, founded by a visual artist, who goes by the pseudonym Woopsyang, after she suffered severe burnout. Charlie Miller/CNNSince the first Space-out competition was held in Seoul in 2014, it has expanded internationally, with contests taking place in various cities such as Beijing, Rotterdam, Taipei, Hong Kong and Tokyo.

Persons: who’s, Kwak Yoon, Charlie Miller, CNN “, ”, “, Kim Seok, ” Woopsyang, Kwon, Auguste Rodin, Auguste Rodin's, ” Kwon Organizations: CNN, Olympics Locations: Seoul, Beijing, Rotterdam, Taipei, Hong Kong, Tokyo, Korea

☆ Marine moved from the U.S. to Brussels with her family—our mortgage is under $3,000/month: Take a look inside
▼ + stars: | 2024-05-04 | by ( Jessica Van Dop Dejesus | ) www.cnbc.com time to read: +6 min

My husband Martin and I met in Brussels in 2012, when I literally stepped on his toes at my neighborhood farmer's market. We ultimately chose Brussels, the capital of Belgium and the administrative center of the European Union. Take a look inside our apartmentWe live in a street-level duplex in a building with only three apartments. She loves that she and her family can host dinner parties in the dining room. Federico CampanaleThe bedrooms, laundry room, storage, and bathroom are on the bottom floor.

Persons: Martin, we'd, he'd, Jessica, Jessica van Dop, I'd, Federico Campanale, it's, We've, Saint Gilles Organizations: NATO, Washington , D.C, Pentagon, Marine Corps, European Union Locations: Brussels, Netherlands, Washington ,, Europe, Rotterdam, Belgium, Saint Gilles, Puerto Rico, Western New York, Our, Saint, Eastern, Puerto Rican

☆ The college-student heir to the Dutch throne said she secretly moved to Spain to avoid getting kidnapped
▼ + stars: | 2024-05-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

The Dutch princess faced a kidnapping threat while studying at the University of Amsterdam in 2022. AdvertisementThe heir to the throne of the Netherlands, Princess Amalia, said that her fear of being kidnapped forced her to move countries. AdvertisementShe moved to a regular accommodation block in 2020, even though the Dutch royals have a palace in Amsterdam. As a result, she moved back to the main Dutch royal residence in The Hague. Princess Amalia of The Netherlands at the University of Amsterdam on September 5.

Persons: Princess Catharina, Amalia of, Catharina, —, Princess Amalia, Amalia, Princess Amalia of The, van Katwijk, King Willem, Alexander, Per, Britain's Princess Anne, Michael Fagan, Fagan Organizations: University of Amsterdam, Service, BBC, Bild, Guardian, NOS, People, Royals, Royal Locations: Netherlands, Spain, Amsterdam, The Hague, Rotterdam, Princess Amalia of The Netherlands, Corona, Madrid, Dutch, Buckingham

☆ Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
▼ + stars: | 2024-04-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable. Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. Unlike the West, Saudi Arabia is cozying up to China. "There are lots of opportunities for China to invest in Saudi Arabia," Alibrahim told the media outlet. In March last year, China brokered a détente between Saudi Arabia and Iran, prompting concerns over waning US influence in the Middle East.

Persons: Amin Nasser, Nasser, China's overcapacity, Janet Yellen, Olaf Scholz, China Nasser's, Faisal Alibrahim, Alibrahim, Jon Alterman Organizations: Saudi, Service, Saudi Aramco, World Energy, Financial Times, West, Nikkei, Aramco, Center for Strategic, International Studies, China Economic, Security Locations: China, Saudi Arabia, Saudi Aramco, Saudi, Rotterdam, East Asia, Beijing, Saudi Arabian, Iran, United States

☆ World Energy Council Secretary General says there's no single pathway to the transition
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld Energy Council Secretary General says there's no single pathway to the transitionAngela Wilkinson, secretary general of the World Energy Council, speaks to CNBC's Steve Sedgwick from the sidelines of the 26th World Energy Congress in Rotterdam.

Persons: there's, Angela Wilkinson, Steve Sedgwick Organizations: World Energy, World Energy Council Locations: Rotterdam

☆ My 12-day cruise cost me about $109 a day. See inside my 160-square-foot cabin, the most economical option on the ship.
▼ + stars: | 2024-04-22 | by ( Lauren Mack | ) www.businessinsider.com time to read: +1 min

I went on a 12-day Holland America Line cruise and paid a little over $1,300 for my interior cabin. I'd book this room again — my cruise was so fun and busy that I barely spent time in it anyway. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I definitely had value in mind when I booked my recent 12-day cruise on the Holland America Line Rotterdam from Ft. Lauderdale, Florida, to the Panama Canal. I booked directly with Holland America Line and paid $849 plus $460 for taxes, fees, and port charges — about $109 a day.

Persons: — Organizations: Service, Holland America Line Locations: Holland, Holland America Line Rotterdam, Ft . Lauderdale , Florida, Panama

☆ How electric trucks are becoming the norm for moving cargo
▼ + stars: | 2024-04-18 | by ( Jonathan Keane | ) www.cnbc.com time to read: +6 min

Drayage trucks, which bring cargo from ports to warehouses nearby, must make the move to electric by 2035 in the U.S. state. Transitioning fleets to electricAcross the Atlantic, Dutch brewer Heineken recently partnered with Swedish electric truck start-up Einride to make the transition to electric. Getting more electric trucks to carry cargo on the road, especially for long-distance journeys, will need to be spearheaded by cargo owners that want their goods moved sustainably. Many of the new trucks will be deployed in markets where DFDS has not yet moved to electric trucks, including in the U.K. In California, Lime's use of electric trucks has been driven by legislation that states all drayage trucks must be zero-emissions by 2035.

Persons: Andrew Savage, we've, Savage, Arjen van der Woude, that's, van der Woude, Sweden's, Robert Falck, " Falck, Lime's Savage Organizations: PT Vale, Hight Logistics, CNBC, Heineken, DFDS, Volvo Locations: PT Vale Indonesia, China, California, U.S ., North America, Los Angeles, Long, Canada, Dutch, Swedish, Netherlands, Germany, Europe, Rotterdam

☆ Menno van Gorp: ‘Breaking has total freedom for me,’ says medal hopeful in the newest Olympic sport
▼ + stars: | 2024-03-05 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

CNN —To the tune of a Miles Davis trumpet solo, Menno van Gorp is stepping up his training ahead of this year’s Paris Olympics. “I love to practice on jazz,” van Gorp tells CNN Sport. “I’m building here a dance studio in Rotterdam and I’m working also on the new generation here,” van Gorp explains. In order to qualify for the Games, van Gorp will hope to earn selection via the Olympic Qualifier Series in May and June. “If you want to make art,” says van Gorp, “you want to make something that’s really you – not somebody else.”

Persons: Miles Davis, Menno van Gorp, van Gorp’s, ” van Gorp, Menno, “, it’s, ”, van Gorp, Van Gorp, Daphne Plomp, aren’t, ” Van Gorp, you’re, Gorp, Little Shao, calisthenics, van, Baptiste Fauchille, –, that’s Organizations: CNN, Paris Olympics, CNN Sport, Tilburg, Red Bull, South, DanceSport, Olympics, Games Locations: Paris, Netherlands, New York, Mumbai, India, South Korean, Rotterdam, Lyon, France

☆ Quincy Promes: Soccer star who was handed a six-year prison sentence in absentia for trafficking cocaine is still playing
▼ + stars: | 2024-02-24 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

Away from the pitch, Promes has recently been convicted for drug trafficking by an Amsterdam court. “It is particularly bad that the suspect [Promes] normalizes and almost romanticizes the large-scale cocaine trade,” said Dutch prosecutors. Promes was convicted in absentia to six years in prison for drug trafficking. And Dutch soccer clubs seem to be taking notice. So there are indeed preventative measures taken by some of the clubs,” Nelen adds.

Persons: CNN — He’s, Quincy Promes, Promes, ”, “, calculatedly, Hans Nelen, David Klein, Criminologist Hans Nelen, Nelen, “ He’s, hadn’t, Femke Halsema, Peter R, Vries, Dutchman David Endt, hasn’t, Endt, “ There’s Organizations: CNN, Ajax, Sevilla, Spartak Moscow, Russian Premier League, Appeal, Reuters, Maastricht University, Promes, Rotterdam –, Customs, National Alliance, Subversive Locations: Netherlands, Amsterdam, Brazil, Antwerp, Belgium, Russia, Russian, Dubai, isn’t, Rotterdam, Mexico, Columbia, Italy, Germany, Europe, Dutch

☆ A woman is marrying an AI hologram, ushering in a weird new era for human-robot relationships
▼ + stars: | 2024-02-22 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Read previewA Spanish-Dutch artist is set to marry an AI hologram this summer, with the groundbreaking union ushering in a weird new era of human-robot relationships. The press release said that the unconventional ceremony will take place at the Depot Boijmans Van Beuningen Museum in Rotterdam, the Netherlands. "It's interesting how we can get a mortgage to buy a new car, and now we can have a mortgage to buy a new companion," she said in the press release. According to the press release, Framis, who has posted videos of her cooking and eating with AILex, previously had a relationship with a mannequin named Pierre. None of his family attended the wedding ceremony.

Persons: —, Alicia Framis, AILex, Framis, Pierre Organizations: Service, Business Locations: Beuningen, Rotterdam, Netherlands

☆ Glencore's 2023 earnings halve on lower commodity prices
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: +1 min

An employee stands by a logo for Glencore Agriculture in Glencore Plc's offices in Rotterdam, Netherlands. Glencore said on Wednesday lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition of a 77% stake in Teck Resources' metallurgical coal business. After two consecutive record years, adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) halved to $17.1 billion from $34.1 billion a year earlier, in line with analysts' consensus estimates of $17.15 billion. In preliminary 2023 results, the miner and trader said net debt stood at $4.92 billion at the end of the year, from just $75 million at the end of 2022. London-listed Glencore's payout of $1.6 billion announced on Wednesday does not include a new buyback scheme, after the existing one ends this month, nor a special dividend, as the company uses its cash to fund the $6.9 billion acquisition of Canadian miner Teck's steelmaking coal unit.

Persons: Glencore Organizations: Glencore Agriculture Locations: Glencore, Rotterdam , Netherlands, Teck Resources, London

☆ Kelvin Kiptum was targeting even more marathon history before his death aged 24
▼ + stars: | 2024-02-13 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

CNN —Before his life was cut short at the age of 24 in a road accident, Kelvin Kiptum had been intent on achieving even more history in his brief but extraordinary marathon running career. Of the seven fastest marathon times in history, Kiptum owns three of them. “I offer my deepest condolences to his young family.”Kiptum stands next to a timer displaying his marathon world record in Chicago. He raced his first marathon in Valencia two days after his 23rd birthday and within the space of a year had become the world record holder. “I will get close to the sub-two barrier, so why not aim to break it?” Kiptum had said in November.

Persons: Kelvin Kiptum, Kiptum’s, ” Kiptum, Gervais Hakizimana, Sebastian Coe, John Walton, Kiptum, Eliud Kipchoge’s, Kipchoge, “, ” Kipchoge, Michael Reaves, Getty, Kiptum –, Hakizimana, ” Hakizimana, I’m Organizations: CNN, Rotterdam Marathon, Kiptum, London Marathon, World Athletics, AFP, Chicago Marathon, Toyota, Kenyan Locations: Valencia, London, Chicago, Kenya, Austrian, Vienna, Chepsamo, Chepkorio, Eldoret, West, Europe, Rwanda, Rotterdam

☆ A stolen Van Gogh painting that was returned in an Ikea bag is finally on display again, but with a deep scratch
▼ + stars: | 2024-02-09 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +1 min

A Van Gogh painting is back on display after being stolen. The painting was damaged, with a deep scratch near the bottom. The painting was dropped off in an Ikea bag at an art detective's apartment. AdvertisementA stolen painting by Vincent Van Gogh was put on display for the first time since being returned in an Ikea bag — but now, a white scratch runs over its surface. This story is available exclusively to Business Insider subscribers.

Persons: Van Gogh, —, Vincent Van Gogh, Van Beuningen Organizations: Service, Business Locations: Nuenen, Rotterdam, Netherlands

☆ Red Sea crisis: How global trade is being upended by attacks on container ships
▼ + stars: | 2024-02-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

That’s added as much as two weeks to a typical East-to-West journey for container ships, and 18 days for slower bulk carriers and tankers. Global container shipping costs are less than half their level during the coronavirus pandemic, which peaked at $10,380 in September 2021. Even so, he said, container shipping is “very cost-effective” as many goods can be packed into a single shipping container. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea on November 20, 2023. Fewer oil tankers have avoided the Red Sea than container ships, which the Houthi militants more closely identify with Western countries allied with Israel.

Persons: Richard Meade, Tesla, Peter Sand, Good Hope, That’s, ”, Lloyd —, “, ” Simon MacAdam, ” Maersk, Meade Organizations: London CNN —, Hamas, Lloyds, CNN, Maersk, Hapag, Carriers, Global, Container, Capital Economics, Organisation for Economic Co, Development, Galaxy Leader, Houthi Military Media, Reuters Locations: Iran, Suez, Asia, Europe, Germany, Swedish, Africa, South Africa’s, Good, Sand, Vietnam, Drewry, Shanghai, China, Rotterdam, Netherlands, Xeneta, Israel, United States, Canada

☆ The Measles Outbreak in Europe is a Warning to America - The New York Times
▼ + stars: | 2024-02-01 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +1 min

In 2022, there were 941 reported cases of measles in the World Health Organization’s European region. And it appears even more significant compared to recent years, when efforts to limit Covid also resulted in almost entirely eliminating measles in Europe in 2021. But as the year drew to a close, the European measles outbreak kept growing. Almost certainly, the virologist Rik de Swart of Erasmus University Medical Center in Rotterdam tells me, these official case totals are significant underestimates. The epidemiologist Bill Hanage, also at Harvard, lamented it to me as a “chronicle of an outbreak foretold.”

Persons: Rik de Swart, Michael Mina, Bill Hanage, ” Organizations: Health, Erasmus University Medical Center, Harvard Locations: Europe, Kazakhstan, Kyrgyzstan, Russia, Britain, West Midlands, Rotterdam, Harvard

☆ Demand for shipments from China via rail through Russia has 'skyrocketed' since the Red Sea attacks
▼ + stars: | 2024-02-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +6 min

And — while it only represents a very small proportion of containers moved between the Far East and Europe — rail routes via Russia have seen an uptick in interest too. Rail through RussiaFirms have raised concerns about sending goods via rail through Russia, Sciglaite said. A train engine pulls carriages that started their journey in Yiwu, China into Barking rail freight terminal on January 18, 2017 in the U.K. Igor Tambaca, managing director of Rail Bridge Cargo, a Dutch logistics company, said China-Europe rail route bookings were up 37% over the past four weeks. Tambaca said the cost of sending one forty-foot container (FEU) from China to Europe via rail is currently around $7,900.

Persons: Liu Wenhua, Julija, RailGate, Hapag Lloyd, Sciglaite, Dan Kitwood, Igor Tambaca, Tambaca, Maria Magdalena Pavitsich, Pavitsich, Vladimir Putin, Davies Turner Organizations: China News Service, Getty, Air, CNBC, Rail, Cargo, OBB Rail Cargo Group, FEU, Initiative, British Locations: China, Europe, Russia, Manzhouli, Vietnam, Xeneta, East, European, Rotterdam, South Africa's, Ukraine, Yiwu, Barking, Kazakhstan, Belarus, Poland, Germany, Belgium, France, Red, Dutch, Turkey, Austrian, Asia, Xian, Chengdu, Suez, Africa, Moscow, Central Siberia, Beijing, Wuhan, Duisburg

☆ Why Domicide Should Be a Crime Against Humanity - The New York Times
▼ + stars: | 2024-01-29 | by ( Balakrishnan Rajagopal | ) www.nytimes.com time to read: +9 min

Opinion Domicide: The Mass Destruction of Homes Should Be a Crime Against HumanityThe widespread or systematic destruction of homes has long been a feature of modern warfare. We all understand that killing can be a murder, a war crime, a crime against humanity or an act of genocide, depending on the gravity and intention of the act. Indeed, what has happened to homes and lives in Gaza is a stand-alone crime: domicide. There is precedent for updating what we legally define as international crimes. Accountability for domicide in Gaza cannot stop with potential criminal prosecutions or declaratory judgments by courts someday in the future.

Persons: Yaqeen Baker, It’s, I’ve, Israel, Enshrining Organizations: West Bank, Israel, United, International Court of Justice, General Assembly, Marshall Locations: Jabalia, Gaza, Aleppo, Grozny, Myanmar, Canada, Syria, United Nations, Dresden, Rotterdam, Mariupol, Israel, Hiroshima, Geneva, Rome, domicide, United States

☆ Norway defends deep-sea mining, says it may help to break China and Russia's rare earths stronghold
▼ + stars: | 2024-01-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

Ocean Rebellions protest The Deep Sea Says No Why the deep sea? (Photo by Charles M. Vella/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNorway says its controversial decision to approve deep-sea mining is a necessary step into the unknown that could help to break China and Russia's rare earths dominance. "We have been looking into the seabed minerals opportunity for a long time. Campaigners fear that exploration and exploitation activities in the deep sea could permanently alter a home that is unique to known — and many as yet unknown — species. "The argument put forward by the Norwegian government — and the deep-sea mining industry — that 'deep-sea mining can be done in a sustainable way' goes against the large consensus of scientific literature," Roux said.

Persons: Luciana, Charles M, Anne, Sophie Roux, Terje Aasland, Aasland, Arild Hermstad, Camille Etienne, Lucas Bravo, Javad Parsa, Norway's Aasland, Roux, — Organizations: SOUTH, Getty, IEA, Energy, CNBC, Afp, European Commission, Ocean Alliance, Lightrocket Locations: ROTTERDAM, SOUTH HOLLAND, NETHERLANDS, Norway, China, Europe, Russia, Norwegian, Vietnam, Brazil, Svalbard, French, Oslo

☆ No European country more than Germany is going further in clamping down on Hamas
▼ + stars: | 2024-01-28 | by ( Sophie Tanno | ) edition.cnn.com time to read: +12 min

Adding to a complex picture, Germany has the largest Palestinian diaspora in Europe, estimated at 300,000. J'rg Carstensen/picture-alliance/dpa/APThere are thought to be around 450 Hamas members in Germany and, like the rest of the European Union, Germany considers Hamas a terrorist organization. There were also reports of people celebrating the Hamas attacks on the streets of Berlin. Spreading propagandaOn November 2, Germany took the step of banning Hamas and all activities linked to the group. Police stand outside a building that houses a synagogue following a pre-dawn attack on October 18 in Berlin, Germany.

Persons: Friedrich Merz, “, Molotov, Jakon Schindler, Schindler, ”, Uli Deck, Der Spiegel, Matthew Levitt, Maja Hitij, Yossi Mekelberg, ’, Germany we’re, Lamya Kaddor, Nadine Schmidt, Sophie Tanno Organizations: CNN, Nazi, Christian Democratic Union, ZDF, Palestine, European Union, Federal Office, Protection, Counter Extremism, Hamas, Police, Brandenburg’s, Act, George Washington University, Israel, Washington Institute for Near East, U.S ., EU, Atlantic Council, IDF, Israel Defensce Forces, Chatham House, West Bank, Reuters, Rights Watch Locations: Israel, Gaza, Germany, Berlin, Europe, Rotterdam, Netherlands, Denmark, Sweden, German, Potsdam, Karlsruhe, Israel American, U.S, Austria, Hamas, East, Africa, Chatham, Palestine, London

☆ As more tankers divert from Suez Canal, there's a 'sea change' in way Europe is buying crude
▼ + stars: | 2024-01-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Al HUDAYDAH, YEMEN - JULY 17: Yemen's replacement oil tanker Nautica floats over its arrival to Al Hudaydah port in the Red Sea on July 17, 2023 in Hudaydah, Yemen. (Photo by Mohammed Hamoud/Getty Images)Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. They would rather go around the Cape of Good Hope versus taking a chance through the Red Sea." LNG vessels travel faster than oil tankers because they are lighter and they can sail up to 21 knots versus the 12-13 knots for crude tankers. Before the Red Sea disruptions, a tanker from Jamnagar, India to Rotterdam, Netherlands would have taken 24 days.

Persons: Al, Mohammed Hamoud, Rea, Viktor Katona, Good Hope, It's, Katona Organizations: United Nations, Europe, U.S, Good Locations: Al HUDAYDAH, YEMEN, Al Hudaydah, Hudaydah, Yemen, Sana'a, Europe, Suez, Brazil, Africa's, Good, Israel, Jamnagar, India, Rotterdam, Netherlands, Basrah, Iraq, Milazzo, Sicily

☆ I always book the interior cabins on cruises — and it's not because I'm cheap
▼ + stars: | 2024-01-23 | by ( Lauren Mack | ) www.businessinsider.com time to read: +4 min

I'm a frequent cruiser who's been on more than 25 voyages, and I always book interior cabins. Interior cabins on cruises are for anyone who wants to travel smarter. Plus, interior cabins have fun features you don't get in exterior onesLauren MackTechnology has helped make interior cabins feel comfortable instead of claustrophobic. I've enjoyed the one-way window into the ship's corridor in Norweigan Cruise Line's interior cabins. AdvertisementDisney Cruise Lines' interior rooms feature "magic" portholes, where footage featuring surprise character visits is displayed on a porthole-shaped monitor.

Persons: who's, —, I've, Lauren Mack, you've Organizations: Service, Holland America Line's, Lauren Mack Technology, Disney Cruise Lines Locations: New York, Holland, Holland America Line's Rotterdam, Norweigan, Caribbean

☆ These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation
▼ + stars: | 2024-01-22 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

Read previewThe number of vessels passing through the Suez Canal and Panama Canal have dropped 50% from normal levels, according to Apollo Management's top economist. AdvertisementSuez Canal slowdownAbout 12% of global trade passes through the Suez Canal, according to an estimate from the US Naval Institute. Related stories"Normally, 200 ships travel through the Suez Canal from south to north over a week, but that number has recently declined to 100," Sløk wrote. Suez Canal traffic is down 50% APThe trouble in the Suez Canal has been ratcheting up as Yemen-based Houthi rebels have been launching attacks against ships in the Red Sea, forcing some ships to take longer — and costlier — detours. And although goods inflation has been tumbling, higher shipping costs could send that back up again if they continue to follow recent trends.

Persons: —, Torsten Sløk, Sløk, Thierry Wizman Organizations: Service, Business, US Naval Institute, Apollo, Container, Shipping, Apollo Management, Macquarie Locations: Suez, Panama, Yemen, Red, Shanghai, Rotterdam, Drewry

How Houthi Attacks Have Upended Global ShippingShipping routes before attacks After attacks EUROPE ASIA Suez Canal Red Sea Gulf of Aden Malacca Strait AFRICA Area of Houthi attacks Continued traffic South Atlantic Ocean Indian Ocean Ships diverted after attacks Cape of Good Hope Shipping routes before attacks After attacks EUROPE ASIA Suez Canal Gulf of Aden Red Sea AFRICA Area of Houthi attacks Continued traffic South Atlantic Ocean Indian Ocean Ships diverted after attacks Cape of Good Hope Shipping routes before attacks After attacks EUROPE Suez Canal Gulf of Aden Red Sea AFRICA Area of Houthi attacks Continued traffic Ships diverted after attacks Cape of Good Hope Note: To show the changing paths of ships that regularly traverse the Red Sea, 3,461 cargo vessels recorded at entrances to the Red Sea in the last three months are shown. Those detours, and the Houthi attacks, have persisted despite airstrikes by the United States and its allies against the Houthis. Houthi attack involving commercial vessels Other Houthi attacks in the Red Sea Three commercial vessels were struck in one day on Dec. 3. Nov. 15, 2023 Dec. 1 Dec. 15 Jan. 1, 2024 Jan. 15 Houthi attack involving commercial vessels Other Houthi attacks in the Red Sea Nov. 15, 2023 Armed Houthi fighters boarded a commerical vessel. The Houthi attacks have delayed China’s annual surge in exports before its factories are idled next month for the Lunar New Year.

Persons: Cape, Jan, JPMorgan Chase, Port Said Organizations: Global Shipping Shipping, Atlantic, Ships, Good Hope Shipping, Shipping, United States Central Command Shipping, Ikea, East, JPMorgan, Maersk, U.S . Energy Information Administration, Rotterdam EUROPE Venice, Good Hope, EUROPE Venice, International Monetary, Trade, Galaxy Leader, U.S . Navy, America Locations: ASIA Suez, Aden Malacca Strait AFRICA, ASIA Suez Canal Gulf, Aden Red, Suez Canal Gulf, Suez, Africa, Yemen, Israel, Gaza, United States, U.S, Asia, Europe, China, Northern Europe, East Coast, Maersk Hong Kong, The Singapore, Singapore, Slovenia, Port Said, Egypt, Port, Russia, Ukraine, India, Rotterdam EUROPE, Rotterdam EUROPE Venice Barcelona, Istanbul ASIA SYRIA LEBANON IRAN ISRAEL IRAQ Strait, Hormuz GAZA Suez, Kuwait, Red, Mumbai Malacca, YEMEN AFRICA, Aden, Good, Good Hope EUROPE ASIA SYRIA LEBANON ISRAEL IRAN IRAQ GAZA Suez, Strait, Hormuz Red, YEMEN, EUROPE, EUROPE Venice Tokyo Barcelona, Istanbul Shanghai ASIA SYRIA LEBANON IRAN ISRAEL IRAQ GAZA, Hormuz Hong, Suez Canal Kuwait, AFRICA Red, Mumbai Bangkok YEMEN Malaca, Istanbul Shanghai SYRIA LEBANON IRAN ISRAEL IRAQ ASIA GAZA, Suez Canal AFRICA Kuwait City Red, Red Sea, Beijing

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