Egypt's Suez Canal revenues hit an all-time high in 2021 of $6.3 billion, versus $5.6 billion in 2020, canal spokesperson George Safwat said on Sunday. Some 20,694 ships transited the canal in ...

The massive container ship that has been stuck in the Suez Canal for nearly a week was finally free Monday, an official said. Aided by the peak of high tide, a fleet of tugboats helped to dislodge … ...

People watch as the container ship ‘Ever Given’ is refloated, unblocking the Suez Canal on March 29, 2021 in Suez, Egypt. Getty Images “They do not want to pay anything,” Rabie told a ...

The crisis in the Suez Canal last month turned the world’s attention on a single challenge few had ever considered: how to refloat a 200,000-ton mass of steel, as long as the Empire State ...

A handout picture released by the Suez Canal Authority on March 24, 2021 shows the Taiwan-owned MV Ever Given (Evergreen), a 400-metre- (1,300-foot-)long and 59-metre wide vessel, lodged sideways ...

Lt. Gen. Ossama Rabei, head of Suez Canal Authority, told Egypt's Sada ElBalad news that Egypt will likely seek $1 billion in compensation for physical and financial damages resulting from the ...

Another ship briefly ran aground in the Suez Canal on Sept. 9, 2021, less than six months after the Ever Given blocked traffic for six days.

Suez Canal authorities were able to avoid a repeat of the Ever Given stranding from 2021, which lasted nearly a week and caused major global trade disruptions.

Ever Given, a nearly 200-foot-wide, 1,300-foot-long cargo ship sailing under a Panamanian flag, caused a transcontinental logjam in the Egyptian waterway, which directly connects Europe to Asia.

Salvage teams on Monday set free a colossal container ship that has halted global trade through the Suez Canal, a canal services firm said. The obstruction had created a massive traffic jam in ...

Monkey Cage Big ships were created to avoid relying on the Suez Canal. Ironically, a big ship is now blocking it. The 2021 blockage is another reminder of the fragility and lack of accountability ...

More 2021 in Suez, Egypt. Work continues to free the Ever Given, a huge container ship stuck sideways in Egypt's Suez Canal. The ship ran aground in the canal on March 23, after being caught in 40 ...