News

The IMF projected the Suez Canal revenues to recover over the coming years and hit $6.3 billion in FY2025/2026, $8.2 billion ...
Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries ...
When the Suez Canal was blocked, at least 27 ships rerouted to sail around Africa. The canal has since reopened, however, and ships are passing through again.
The huge city on Egypt’s Suez Canal ‘so big’ it’s in Africa and Asia Istanbul is famous for straddling two continents, but the little-known Suez City in Egypt sits between Asia and Africa.
Suez Canal Authority The maximum length of such detour would be around 15,000 miles, if a ship were to sail from Suez at the south of the canal to Port Said at the north end without using the canal.
Suez Canal blockage felt across the world as trade comes to a pause 03:15. A giant container ship remained stuck sideways in Egypt's Suez Canal for a fifth day Saturday, as authorities prepared to ...
In this photo released by Suez Canal Authority, the Ever Given, is pulled by one of the Suez Canal tugboats, in the Suez Canal, Egypt, Monday, March 29, 2021. (Suez Canal Authority via AP) In the ...
SUEZ, Egypt—Efforts to free a ship wedged into the bank of the Suez Canal, blocking traffic through the critical waterway, progressed significantly late Friday, people familiar with the ...
The Maritime Business Chamber says the crisis in the Middle East, which has resulted in more than 100 container ships being rerouted around southern Africa to avoid the Suez Canal presents a ...
After days of failed efforts to move the mammoth ship, shipowners began rerouting ships bound for the Suez Canal around Africa’s Cape of Good Hope, adding weeks to their journeys and burning ...
The blockage of the Suez Canal exposed another weak link in already-strained global supply chains: a shortage of shipping containers to move goods that could worsen even though the stuck ship has ...