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Egypt earns between $9 and $10 billion a year in fees from these 50 to 60 major ships transitioning the Suez Canal every single day. And so far this year, traffic is down 30 percent.
Nov. 3 -- Four Roman-era shipwrecks, including one elaborately hand-carved wooden vessel, have been discovered in the depths of the Black Sea, members of a National Geographic expedition announced ...
Greek and British maritime officials advised merchant ships to avoid the Strait of Hormuz after Israel's strike on Iran’s nuclear facilities, though the critical oil corridor remains open for now.
‘Cruisezilla’ ships, ancient cave vandal, advice for expats: Catch up on the day’s stories ... If the growth rate continues, ships in 2050 could be nearly eight times larger than the Titanic.
Former Transportation Secretary Elaine Chao says U.S. Merchant Marine Academy graduates like these at a June 23, 2003, commencement ceremony in Kings Point, N.Y. will benefit from a cutting-edge ...
As the climate warmed roughly 20,000 years ago, the ice — known as the Laurentide ice sheet — began its northward retreat, creating ancient Lake Algonquin about 12,000 years ago.
Yemen's Houthis sank two cargo ships in the Red Sea this week, ... Houthi attacks on merchant ships in the Red Sea. By Reuters. July 10, 2025 12:29 PM UTC Updated July 10, 2025 ...