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

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

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

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

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 ...

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

A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades.

Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk said it was too early to speculate.

fought between Israel and a coalition of Arab states, including Egypt. An Israeli alternative, the country believes, would eliminate the potential use of the Suez Canal and the Straits of Tiran.

“The situation in the Suez Canal remains fluid and the security ... barred from returning to northern Gaza. Now, Israel is allowing them to walk back. Trump’s Comments on Gaza: A suggestion ...

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