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 ...
The Ever Given wasn’t the first ship to block the Suez Canal. A multi-ship pile-up in 2018 snarled maritime traffic there for two days. But the sheer size and bulk... As the events in the Suez ...
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 ...
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 ...
Turkey's ambitious £20 billion Istanbul Canal project aims to reshape global shipping and solidify its position as a key player in maritime trade. Dubbed the “mini Suez,” the artificial ...
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 that into account when planning ...
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 1956, Nasser nationalized the Suez Canal, bringing it under his control ... the French and that these were the new big boys on the block. Behind the superpowers' interest in the territorial ...