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Extracted Claims (29746)

Built in shipyards on or near the Yangtze River, these ships have a dozen decks and can carry as many as 5,000 cars, worth a total of $100 million or more, on each voyage. 0.900

👤 The author 📋 News Article 🏷️ Shipping , China

Simplified: Ships built near Yangtze River have a dozen decks can carry 5000 cars worth $100 million

1 sources

3 days ago
China buys almost all of Iran’s crude oil exports, which represent 6 percent of Iran’s entire economy and are equal to half of the Iranian government’s annual budget. 0.900

👤 The author 📋 News Article 🏷️ Trade , China , Iran , Oil

Simplified: China buys almost all of Iran's crude oil exports representing 6 percent of Iran's economy

1 sources

3 days ago
The automakers are sending these newly built vessels through the Red Sea anyway. 0.900

👤 The author 📋 News Article 🏷️ Automotive , China , Shipping

Simplified: Chinese automakers are sending newly built vessels through Red Sea

1 sources

3 days ago
Chinese automakers, notably BYD and SAIC Motor, have taken delivery in recent months from Chinese shipyards of some of the world’s largest ships designed specially to carry cars. 0.900

👤 The author 📋 News Article 🏷️ Automotive , China , Shipping

Simplified: Chinese automakers BYD and SAIC Motor have taken delivery of world's largest car-carrier ships

1 sources

3 days ago
Commercial insurers in London have become wary of insuring such voyages, charging higher rates when they do. 0.900

👤 The author 📋 News Article 🏷️ Shipping , Insurance , London

Simplified: Commercial insurers in London have become wary of insuring Red Sea and Suez Canal voyages charging higher rates

1 sources

3 days ago
Shipowners in Europe and Asia mostly refuse to allow companies to charter their vessels for such trips. 0.900

👤 The author 📋 News Article 🏷️ Shipping , Europe , Asia

Simplified: Shipowners in Europe and Asia mostly refuse to charter vessels for Red Sea and Suez Canal trips

1 sources

3 days ago
Most other commercial vessels, including big container ships belonging to the state-owned China Ocean Shipping Company, known as Cosco, have been avoiding the Red Sea and Suez Canal ever since the Hou... 0.900

👤 The author 📋 News Article 🏷️ Shipping , Red Sea , Suez Canal

Simplified: Most commercial vessels including Cosco have been avoiding Red Sea and Suez Canal since November 2023

1 sources

3 days ago
BYD and other Chinese automakers have partly bypassed those tariffs by sending hybrid cars that mainly use battery-powered electric motors with small gasoline engines as backups. 0.900

👤 The author 📋 News Article 🏷️ Automotive , China , Europe , Economic

Simplified: BYD and other Chinese automakers have partly bypassed tariffs by sending hybrid cars

1 sources

3 days ago
Chinese automakers face other costs — thousands of dollars for each car — from tariffs the European Union imposed on electric vehicles from China last year. 0.900

👤 The author 📋 News Article 🏷️ Automotive , China , Europe , Economic

Simplified: Chinese automakers face thousands of dollars in tariffs for each car from European Union

1 sources

3 days ago
The savings help Chinese automakers compete in Europe with Japanese, Korean and European automakers, which rely on European and Japanese shipping lines that are not using Red Sea routes. 0.900

👤 The author 📋 News Article 🏷️ Automotive , China , Europe , Economic

Simplified: Savings from Red Sea and Suez Canal help Chinese automakers compete in Europe

1 sources

3 days ago
Going around Africa “adds considerable costs to a shipowner’s fuel bill, increases pollution from the vessel and ultimately adds costs for buyers of new cars,” said Rob Willmington, a senior analyst a... 0.900

👤 Rob Willmington 📋 News Article 🏷️ Shipping , Economic , Environment

Simplified: Going around Africa adds considerable costs to shipowner's fuel bill increases pollution adds costs for buyers of new cars

1 sources

3 days ago
This reduces costs for fuel, crews and the ships themselves by a couple hundred dollars per car. 0.800

👤 The author 📋 News Article 🏷️ Shipping , Economic

Simplified: Traveling through Red Sea and Suez Canal reduces costs by a couple hundred dollars per car

1 sources

3 days ago
Traveling through the Red Sea and Suez Canal saves 14 to 18 days on each round trip between Asia and Europe, compared with going around Africa. 0.900

👤 The author 📋 News Article 🏷️ Shipping , Asia , Europe

Simplified: Traveling through Red Sea and Suez Canal saves 14 to 18 days compared with going around Africa

1 sources

3 days ago
Most shipping analysts assume that the Chinese government has reached an understanding with Iran or the Houthis not to harm car-carrier ships from China. 0.700

👤 Most shipping analysts 📋 News Article 🏷️ Politics , Shipping , China

Simplified: Shipping analysts assume Chinese government has understanding with Iran or Houthis not to harm car-carrier ships

1 sources

3 days ago
The militia group says the attacks are in solidarity with Palestinians living through Israel’s war against Hamas in Gaza. 0.900

👤 Houthi militia 📋 News Article 🏷️ Military , Politics , Middle East

Simplified: Houthi militia says attacks are in solidarity with Palestinians

1 sources

3 days ago
The trips have continued even after the Houthis used drones, grenades and gunfire to sink two other cargo ships early last month. 0.900

👤 The author 📋 News Article 🏷️ Shipping , Red Sea , Suez Canal

Simplified: Trips through Red Sea and Suez Canal continued after Houthis sank two cargo ships

1 sources

3 days ago
About the same number made the voyage in June. 0.800

👤 Lloyd’s List Intelligence 📋 News Article 🏷️ Shipping , China , Europe

Simplified: About the same number of car-carrier ships made the voyage in June

1 sources

3 days ago
Last month, at least 14 car-carrier ships traveled from Chinese ports to Europe through the Red Sea and Suez Canal, according to a new analysis by Lloyd’s List Intelligence, a British maritime informa... 0.900

👤 Lloyd’s List Intelligence 📋 News Article 🏷️ Shipping , China , Europe

Simplified: At least 14 car-carrier ships traveled from Chinese ports to Europe through Red Sea and Suez Canal last month

1 sources

3 days ago
Other automakers are still shipping cars from Asia by way of a much longer, and expensive, trip around Africa. 0.900

👤 Keith Bradsher 📋 News Article 🏷️ Automotive , Asia , Africa

Simplified: Other automakers are shipping cars from Asia around Africa

1 sources

3 days ago
Chinese automakers are shipping cars to Europe through the Red Sea and Suez Canal, nearly two years after the Iran-backed Houthi militia in Yemen started attacking vessels in the critical Middle East... 0.900

👤 Keith Bradsher 📋 News Article 🏷️ Automotive , China , Europe

Simplified: Chinese automakers are shipping cars to Europe through Red Sea and Suez Canal

1 sources

3 days ago