Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...

“The Houthi stance is part of the region’s broader geopolitical conflicts. Despite the recent truce in Gaza, hostilities ...

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

Some CMA CGM ships were still navigating in the Red Sea even during Houthi hostilities, relying on close protection by ...

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

Tel Aviv: Amid the ongoing war in Gaza, Israel is preparing to create an alternative to the Suez Canal. It would be named Ben Gurion Canal. This canal will connect the Mediterranean Sea to the ...

There is unlikely to be a quick shift from airfreight to ocean following the Israel-Hamas ceasefire that aims to end a ...

The ceasefire is still fragile So why do the box carriers still shy away from using the Suez Canal despite the fact that 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 ...

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...