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A month ago the news broke that a giant ship named Ever Given had gotten stuck in the Suez Canal. Immediately, memes and jokes flooded the internet. The breadth of the story's virality can tell us ...
The Suez Canal is more than just a waterway ,it's a man-made marvel that reshaped global trade and geopolitics. Built through the harsh Egyptian desert, this 120-mile canal connects the Mediterranean ...
The Suez Canal Authority (SCA) announced that maritime emergency incidents in the canal fell to just 0.06 percent in 2023 — the lowest rate in its history — despite a record 26,434 vessels transiting ...
Osama Rabie affirmed Sunday that the security situation has become conducive for the gradual return of ships to navigate ...
While the Red Sea security crisis hit traffic and revenue for the Suez Canal, it also led to higher shipping costs as vessels ...
Will lower tariffs lure the world’s shipping giants back to the Suez Canal after the disruptions in the Red Sea caused by the ...
The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...
Foreign Minister Badr Abdelatty emphasized that the resumption of regular maritime traffic in the Red Sea and Suez Canal ...
An investigation is ongoing to determine how they collided, but the official noted that the area they were in near the Suez Canal is typically very densely packed with ships. The Besiktas-M ...
Dec 16 (Reuters) - (This Dec. 16 story has been corrected to make clear ... on Saturday said they would avoid the Suez Canal as Houthi militants in Yemen stepped up their assaults on commercial ...
The Suez Canal Authority said Monday that a cargo ship carrying corn that went aground in the Egyptian waterway was refloated and canal traffic was restored. Canal services firm Leth Agencies said ...
The moratorium on shipments through the Red Sea, a key passage that enables ships coming from Asia to travel through Egypt’s Suez Canal could cause delays in global trade to close out 2023.