Douglas McIntyre, editor-in-chief at Climate Crisis 24/7, reports that melting Arctic ice has opened new shipping routes, allowing vessels to bypass the Suez Canal and save millions. Russia currently ...

Military reserve forces in the Middle East make up an important component of any army within the region. These units provide additional manpower and capabilities to regular military forces, should the ...

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still avoid the Red Sea.

STORY: Container shipping liner Hapag-Lloyd says it will be able to cope with U.S. tariffs on Chinese products.Its chief ...

Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...

Chairman and Managing Director of the Suez Canal Authority, and others met with 23 major shipping lines and agencies to ...

The deals include a $625 million modernization package for Egypt’s fleet of Fast Missile Craft (FMC) and a $304 million sale ...

International financial assistance has pulled the country back from the brink for now, but another crisis may erupt if the ...

Supply chains have had to deal with higher shipping costs, product delivery delays, and increased carbon emissions as a result of this diversion. The Gaza ceasefire gave some hope that the disruption ...

Costamare locked in charters worth $330m in a strong container ship market as it posted a profitable finish to 2024. Deals for a dozen boxships were announced alongside continued activity in the dry ...

Reports Q4 revenue $542.12M vs. $490.52M last year. The company said, “During the fourth quarter of the year, the Company generated adjusted ...

Egypt has held talks with 23 maritime companies, encouraging them to resume transits through the Suez Canal following the ...