The Suez Canal, one of the world’s most critical waterways, is responsible for 14% of global trade. It’s not only a ...

The Ever Given, sits with its bow stuck into the wall after it become wedged across Egypt’s Suez Canal and blocked all traffic in the vital waterway. Suez Canal Authority / AP The obstruction ...

During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion. Canal revenues are a key source of foreign currency for the country alongside tourism and remittances.

The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...