Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for ...
Red Sea shipping remains risky despite the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according ...
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...
European forces joined the US Navy last year in an effort to defend key shipping lanes from Houthi rebel attacks.
The Suez Canal is prepared to operate at maximum capacity, welcoming maritime services from major shipping lines, as global ...
Maersk will continue with diversions around Africa until 'safe passage through the area is ensured for the longer term', it ...
London-listed shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop ...
Egypt Investment and Foreign Trade Minister Hassan El Khatib spoke with Bloomberg TV's Joumanna Bercetche in an interview on ...
Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.