Shipping experts hope lessons learned during the COVID-19 pandemic, the Suez Canal disruption in 2021 and Somali pirate attacks more than a decade ago will mitigate widespread problems this time.

In contrast, the lowest number of ships to pass through the canal was in 2016, lower even than in 2020 during the Covid-19 pandemic ... and shorter cousin to the Suez Canal in Egypt which is ...

The current crisis facing the Suez Canal is more challenging than the COVID-19 pandemic, he added. He explained, “This period is longer, and we have lost $10.5 billion in a year and a half, which is a ...

We should not compare this with the COVID situation ... Joshi pointed out that during the past nine months, some shipping traffic has been diverted to the Suez Canal because of drought conditions ...

Will lower tariffs lure the world’s shipping giants back to the Suez Canal after the disruptions ... A precursor of this moment occurred during the Covid-19-related shutdowns, Ibrahim said.

The Suez Canal, a critical global shipping route, ... had risen 88 percent from early December to the highest level outside of those seen during Covid-19, when rates went haywire. ...

MV Ever Given, a 400 meter long Golden-class container ship owned by Taiwanese shipping company Evergreen Marine Corporation, had run aground in the Suez Canal and blocked a non-insignificant ...

BRUSSELS, Jan 26 (Reuters) - Freight going through the Suez Canal has dropped by 45 ... rates were still only about half of the peak hit during the COVID-19 pandemic. Hoffmann said food prices ...

As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays. By Peter S. Goodman Peter Goodman has ...

Suez Canal revenues are especially vital for Egypt amid the economic crisis during which the local currency has lost half its value since March 2022 while inflation tops 35 percent. Egypt's economy ...