The nuclear-powered aircraft carrier USS Harry S. Truman was involved in a collision with a merchant ship near Egypt in the Mediterranean Sea on Wednesday night, a Navy ...

The Suez Canal Authority (SCA) has unveiled new navigational charts following updates made to the southern sector development project. The charts, which have been approved by the Egyptian Navy’s ...

The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities in global supply chains and ...

CAIRO, Jan 21 (Reuters) - 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 ...

Bullish Hammer 30 69 Jan 15, 2025 09:00 ...

Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year.

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 ...

Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically opened the Red Sea to all maritime traffic except for ships directly tied ...

CAIRO (Reuters) - The Suez Canal Authority's chairman, Osama Rabie, said on Monday that navigational maps for the planned 10km (6.2 mile) canal extension were issued. Rabie's statement said that ...