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CAIRO, Jan 31 (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take ...

3. Completed in 1914, the Panama Canal is one of the two most strategically important artificial waterways in the world, alongside the Suez Canal. For ships traveling between the east and west coasts ...

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Electronic components and systems provider OSI Systems (NASDAQ:OSIS) will be reporting earnings tomorrow morning. Here’s what to look for. OSI Systems beat analysts’ revenue expectations by 8% ...

Get Instant Summarized Text (Gist) The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities ...

The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with ...

The Houthis' attacks have led many shipping companies to avoid routes taking their vessels through the Suez Canal, which reduces journey times between Asia and Europe. Before the attacks about 12% ...

CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

In recent months, the Suez Canal faced significant challenges. Due to tensions in the Red Sea that caused rerouting shipping paths, the number of vessels passing through the canal dropped by 51 ...