An Omani-controlled LNG carrier is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards ...

ISMAILIA, Egypt--The Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping. Shoei Kisen apologized ...

Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.

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

The 2021 Suez Canal blockage resulted in a loss of nearly ... such as those currently occurring in the Red Sea due to attacks on cargo ships by Houthi rebels. Many ships are now being rerouted ...

Egypt's Suez Canal connects the Red Sea to the Mediterranean, and is the fastest way to ship fuel, food and consumer goods from Asia and the Middle East to Europe. Shippers use the route to ferry as ...

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

The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the ...

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...