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

Trade frictions, restrictions on foreign investment and tech wars have gained ground, and digital platforms are the ...

Russia is testing its ability to keep oil exports flowing by sending sanctioned tankers to India with cargoes lifted after ...

Such as, the 193 km-long, 205 m-wide, and 24 m-deep Suez Canal is the world’s biggest shipping bottleneck. Despite being widened and deepened over the years, it remains perennially congested, with ...

Egypt is unlikely to reduce transit fees through the Suez Canal to incentivise passage through the Red Sea, he said, adding that efforts will likely be made to enhance operational efficiency in ...

Shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop attacking non-Israeli ships in the Red Sea. A full return to Suez Canal routing will ...

The canal, which was completed in August 1914, is one of the two most strategic artificial waterways in the world — the other being the Suez Canal ... US Think Tank, the Atlantic Council ...

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 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 ...

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 new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational this year. The canal's length is extended by 10 km, enhancing shipping from Asia to Europe. This follows the Ever ...

Tensions between Panama and the U.S. rose after World War II, especially after the U.S. pressured France and the UK to give up on attempting to retake control of the Suez Canal from Egypt in 1956.