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

An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...

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 ...

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 ...

An analyst for a shipping hedge fund explained that the spike is connected to fears surrounding the continued operations of the Suez Canal, amidst social unrest caused by massive riots against Pre ...

The famous Suez Canal often receives worldwide recognition but Europe's version is no less impressive. The Canal du Midi in the south of France is an extraordinary feat of engineering, history ...

The new expansion of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, chairman of the Canal Authority Osama Rabie said on Tuesday. In a statement, ...

This stood at about $7 bln, in the outgoing year CAIRO, December 27. /TASS/. Egypt lost more than 60% of Suez Canal revenues, which stood at about $7 bln, in the outgoing year, Chairman and ...

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 ...

Israel has an ambitious proposal to construct a 160-mile canal which would connect the Red Sea to the Mediterranean, ...

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.