Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...

Egypt — Tugboats and a specialized suction dredger worked Friday to dislodge a giant container ship that has been stuck sideways in Egypt's Suez Canal for the past three days, blocking a crucial ...

The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

The Suez Canal Authority said two ships navigated through the new stretch ... after the container ship Ever Given ran aground in 2021, blocking the vital waterway for six days.

The ceasefire is still fragile So why do the box carriers still shy away from using the Suez Canal despite the fact that the Houthi regime has stopped its shelling of merchant vessels registered in ...

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

Two ships used the new extension on Saturday, a statement from the Suez Canal Authority said ... Ever Given became wedged diagonally in the canal, blocking trade for nearly a week and resulting ...

Get Instant Summarized Text (Gist) The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities ...

In 2024, Egypt's Suez Canal revenues plummeted to $4 billion, a 60.7 percent decrease from $10.2 billion in 2023. The number of ships transiting the canal annually dropped by around 50 percent ...

The Suez Canal Authority confirmed two ships had passed through the new section during a trial run without incident. Following the 2021 grounding of the container ship Ever Given that blocked the ...

CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.