The blockage of the Suez Canal by a massive container ship called the Ever Given has become a worldwide shipping crisis. But — so far — it pales in comparison to other events that brought the ...

The Suez Canal, linking the Mediterranean Sea with the Red Sea, provides passage to about 12% of the world's cargo. More than 18,000 ships passed through the waterway last year.

The Blocked Suez Canal Isn’t the Only Waterway the World Should Be Worried About. 5 minute read. Ideas. By James Stavridis. March 29, 2021 2:02 PM EDT.

Connecting Europe and Asia, the Suez Canal is one of the world's most important trade routes. Around 19,000 ships passed through the canal in 2020, according to the SCA , which amounts to around ...

The Suez Canal Was Blocked For Under A Week — Here's How That Will Affect The World The container ship Ever Given has finally been unstuck from the Suez Canal, but there will be lingering ...

Lt. Gen. Ossama Rabei, head of Suez Canal Authority, told Egypt's Sada ElBalad news that Egypt will likely seek $1 billion in compensation for physical and financial damages resulting from the ...

The blockage of the Suez Canal by a grounded container vessel threatens to deepen a supply chain crisis that has left global companies, port operators and shipping lines battling soaring costs and ...

With Suez Canal Blocked, Shippers Begin End Run Around a Trade Artery. The most common option for ships trying to avoid the logjam is to reroute themselves around Africa’s Cape of Good Hope.

The blockage of the Suez Canal forced some ships at the time to take the long alternate route around the Cape of Good Hope at Africa's southern tip, requiring additional fuel and other costs.

Update 03/29/21 10:30 a.m. ET: After 6 grueling days, crews have managed to wrench the Ever Given free from its perch in the Suez Canal. Now that the ship is under way—thanks to high tides and a ...

Suez canal blockage sends oil prices rebounding after sell-off. The grounding of a container ship in the vital waterway has blocked traffic, raising fears of crude supply disruptions.

THIS is the jaw-dropping moment an out-of-control 700ft cargo ship smashes into Suez Canal port, sending workers fleeing for their lives. Terrifying footage captured the Liberian-flagged RED ZED 1 ...