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 ...

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 $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration ...

The Suez Canal Authority confirmed two ships had passed through the new section during a trial run without incident. Following the 2021 grounding of the container ship Ever Given that blocked the ...

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

The Suez Canal is fully prepared to operate at maximum capacity, welcoming maritime services from major shipping lines, as global trade gradually returns to its normal flow through the canal, ...

The ceasefire is still fragile So why do the box carriers still shy away from using the Suez Canal despite the fact that the Houthi regime has stopped its shelling of merchant vessels registered in ...

The Suez Canal Authority confirmed two ships had passed through the new section during a trial run without incident. Following the 2021 grounding of the container ship Ever Given that blocked the ...

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.

The meeting highlights the ongoing cooperation between the SCA and IMO to support the resumption of shipping activity. In recent months, the Suez Canal faced significant challenges. Due to ...