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Officials say Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, attributing the sharp drop to ...
A pilot boat waits for ships at the Suez Canal in Ismailia, Egypt, Wednesday, April 16, 2025. (AP Photo/Amr Nabil) ...
Big Boat Stuck. MV Ever Given, a 400 meter long Golden-class container ship owned by Taiwanese shipping company Evergreen Marine Corporation, had run aground in the Suez Canal and blocked a non ...
Egypt’s Suez Canal Authority (SCA) has said it is well-equipped to handle current challenges and that major shipping lines intend to resume transits through the canal once stability returns to the Red ...
Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional conflict. Yemen's Houthis' Red Sea attacks, supporting Palestinians in the Gaza ...
The Egyptian presidency statement did not directly refer to the Houthis, but Sisi said in December the disruption cost Egypt around $7bn less revenue from the Suez Canal in 2024. The Yemeni group ...
Yemeni children participate in a demonstration last week following aerial attacks by the U.S. targeting territory held by Houthi rebels.
GOP mayor explains what effects Trump's tariffs could have on his city ...
The Suez Canal Authority (SCA) said Tuesday in a statement that 166 ships have switched back from the Cape of Good Hope route to the Suez Canal since February as Gaza's brief ceasefire reduced the ...
The Suez Canal attracts 12% to 15% of all global maritime trade, but only 3% of U.S. trade runs through the artificial waterway connecting the Red Sea to the Mediterranean, Vance claimed.
Tugboats are an integral part of global maritime operations, and can do much more than just pull other vessels around. This ...
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