Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

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 ...

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 ...

Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.

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

The damage the Suez Canal blockage brought to global trade will take months to fix, and the incident’s repercussions will not be plain sailing for the sector worldwide, according to a maritime ...

[AFP] The time it takes for fresh produce from Kenya to be exported to Europe by sea has gone up significantly due to the logistical challenges shippers face following the Suez Canal's blockage.

Across the globe, protectionist policies are reshaping manufacturing. From tariffs on imports to reshoring initiatives, these ...

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.