Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...
The Suez Canal is a major ... from the Red Sea into the Mediterranean. Now, a similar smaller project is being built by Turkey. The Istanbul Canal is set to be located in East Thrace, and connect ...
This iconic waterway stretches 223 miles, linking the Mediterranean Sea to the Atlantic Ocean via the Garonne River. Its ...
As we approach the 17th of November, the day appointed for the final opening of the Canal of Suez, the interest felt ... A few days more, and the two seas—the Sea of Corals, or Mediterranean ...
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...
even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea. The Suez Canal Authority said in a statement that during a trial run two ...
Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ongoing tensions in the Red Sea, Chairman of the Suez Canal Authority (SCA ...
President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the challenges arising from the situation in the Red Sea and Bab Al-Mandab Strait as he ...