During the April-to-November period, petroleum products exports amounted to $44.61 billion, in value terms, a sharp drop from ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Skechers noted in July that the supply chain disruptions and shipping delays from the crisis forced the footwear brand to ...

Recovery of a Navy F/A-18 Super Hornet recently downed over the Red Sea likely hinges on what’s left of the wreckage and how ...

Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea.

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...