The Suez Canal is a linchpin in the world's global trade network. It links Europe to the Middle East and Asia, connecting the ...

Egypt vowed to oppose Ethiopia's push for Red Sea access and pledged to accelerate military support to Somalia, deepening a security alliance amid rising regional tensions.

The incident occurred on Tuesday off Ras Ghareb, a key oil site on the African side of the Red Sea, as the ship was being ...

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

July 1, 2025: On January 20 th , The Houthi militia in Yemen halted their attacks on American commercial ships headed for the Suez Canal. Those attacks resumed after the June 13 th -14 th Israeli ...

The Red Sea and Strait of Hormuz are no longer just trade routes but litmus tests for how the world responds to overlapping security, economic and political shocks.

In a move to tear down barriers in the fast-growing $10 trillion corporate credit market -- martini.ai, a leader in AI-driven credit risk analysis, today unveiled the first free, AI-powered credit ...

The vessel was built in 2016 with a length of 252 metres (827 feet) and a width of 45 metres (148 feet). This is not the first time Suez Canal’s passage was blocked after a vessel ran aground ...

Another ship briefly ran aground in the Suez Canal on Sept. 9, 2021, less than six months after the Ever Given blocked traffic for six days. The Ever Given leaves the Suez Canal to the ...

The Suez Canal was nearly blocked again after a cargo ship reportedly ran aground, briefly blocking the critical shipping route before it was refloated within about 15 minutes. The Panamanian ...

Roughly 15 per cent of world shipping traffic transits the Suez Canal, the shortest shipping route between Europe and Asia. The SCA claimed the blockage in March would cost the world more than £730m.