Hormuz chaos highlights risks for other global trade chokepoints
The war in Iran has underscored how disruptions to a key shipping route thousands of miles away can have a material impact on American consumers.
Suez Canal
Crises at major canals threaten global trade
Nearly 20% of global trade goes through two canals and both are in crisis. Attacks from the Houthis have slowed Suez Canal traffic, and in Panama, climate is the culprit. Costas Paris, senior reporter at The Wall Street Journal, joins CBS News to explain what the slowdowns mean for the world.
U.S. sending ships to protect Red Sea shipping
The U.S. and several other countries are sending warships to the southern Red Sea to protect shipping routes. Several shipping vessels have come under fire from Iran-backed Houthi rebels since the start of the Israel-Hamas war. Ramy Inocencio has the latest.
3/26: CBSN AM
Deadly storms batter southern U.S.; Egypt races to dislodge massive cargo ship in Suez Canal
3/29: CBSN AM
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WorldView: Deadly school fire in Niger
At least 20 children are dead after a fire swept through a school in Niger. Also, COVID-19 cases in India are reaching record numbers, and Brazil's Senate has launched an investigation into President Jair Bolsonaro's handling of the pandemic. Meanwhile, Egyptian authorities have impounded the Ever Given cargo ship over a $900 million bill after the ship blocked the Suez Canal. CBS News foreign correspondent Ian Lee joined "CBSN AM" from London with those headlines.
Ship that blocked Suez Canal impounded amid financial dispute
The canal authority demanded at least $900 million, according to a judicial official.
Probe begins of why giant ship got stuck, blocking Suez Canal
Ships were traveling through the canal again and the backlog was beginning to clear but billions of dollars hinge on why the Ever Given was wedged in to begin with.
Officials say cargo ship refloated and on the move in Suez Canal
Over 100 vessels that had waited for Ever Given to be freed are expected to cross the canal by Tuesday morning, the head of the Suez Canal Authority said.
Egypt says ship stuck in Suez Canal refloated
The cargo ship that has been blocking the Suez Canal, one of the world's most vital shipping lanes, has finally been moved. However, the head of the company involved in the rescue effort has urged caution, warning the rest of the operation would not be easy. Charlie D'Agata reports
Huge operation underway to free ship in Suez Canal
The Ever Given, the massive ship stuck in the Suez Canal, may not be freed for weeks, even as crews work around the clock to free it. Elizabeth Palmer has the latest.
Cargo ship remains stuck in Suez Canal for 5th day after effort to free it failed
A maritime traffic jam grew to around 280 vessels Saturday outside the Suez Canal, according to canal service provider Leth Agencies.
Little progress made in freeing Ever Given
The Ever Given, the massive ship stuck in the Suez Canal, is still not freed and may not be for weeks even as crews work around the clock to free it. Elizabeth Palmer has more.
Suez Canal's blockage impact on world trade
Marine traffic through the Suez Canal remained blocked on Saturday for a fifth day after a huge cargo ship ran aground. More than 10% of the world's trade travels through the canal, linking Europe and Asia. CBS News correspondents Lucy Craft, Elizabeth Palmer and Debora Patta report From Tokyo, Tel Aviv and Cape Town to explain how one vessel's mishap can impact lives.
Egyptian official says Suez Canal to reopen within a few days
After a warning that it could take "weeks" to clear the vital cargo lane, an advisor to Egypt's president says it will be reopened within 3 days.
Stranded cargo ship blocks Egypt's Suez Canal
Rescue efforts are underway to refloat a giant cargo ship, as long as the Empire State Building is tall, wedged in Egypt's Suez Canal since Tuesday. 150 other vessels are now backed up, with hundreds more headed to the vital transit waterway. Elizabeth Palmer speaks to a Marine Engineer in neighboring Israel.
How did a ship get stuck in the Suez Canal, and how to un-stick it?
At 1,300 feet long and 164 feet wide, the ship wedged into one of the world's busiest shipping lanes is a monster of a problem, and there's no easy way to solve it.
Worldview: North Korea missile test
CBS News reporter and producer Haley Ott has been following the tensions rising overseas after North Korea launched two missiles into the Sea of Japan. She joins CBSN AM to discuss that and other stories from around the world.
Huge cargo ship blocks Suez Canal
A container ship has turned sideways and blocked all traffic through the Suez Canal, one of the world's most important shipping lanes, which connects the Red Sea with the Mediterranean.
WorldView: Container ship blocks Suez Canal
CBS News reporter and producer Haley Ott joins CBSN AM with that and other news headlines from around the world.
Massive cargo ship turns sideways, totally blocks Suez Canal
Nearly a quarter of a mile long, the MV Ever Given is one of the world's largest cargo vessels, and it's blocking one of the world's busiest shipping lanes.
Egypt ushers in $8 billion Suez Canal expansion
Nearly tenth of world's ship traffic already passes through; new waterway, called "Egypt's gift to the world," will double its capacity
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