Suez Canal revenue rose 42% in July as Houthi threats in the Red Sea pushed Saudi oil tankers to reroute through Egypt.

Capture of Al-Mokha puts Houthi forces closer to the Bab el-Mandeb Strait, raising fears of a new chokehold on global trade ...

"The crisis highlighted the Suez Canal's critical role in ensuring stable global supply chains," added Rabie. He explained that many shipping lines using the Cape of Good Hope route faced higher costs ...

By Enas Alashray, Idrees Ali and Jana Choukeir CAIRO/WASHINGTON/DUBAI, Sept 10 (Reuters) - Iran-aligned Houthis seized ...

As the Suez Canal expects to bring back more commercial traffic via the Red Sea in 2026, a new port terminal is welcoming more container vessels. The fully electric terminal is stationed at ...

The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the ...

The Suez Canal Authority is intensifying efforts to bring large containerships back through the strategic waterway following improved security conditions in the Red Sea, with Chairman Admiral ...

The Suez Canal Authority is pulling out all the stops to lure traffic back to the global trade artery. In an advisory listed Tuesday, the canal operator said it would grant a 15 percent rebate ...

The Suez Canal experienced a striking 42% increase in revenue during July, attributed to the rerouting of maritime traffic ...

The Suez Canal has played a significant role in international maritime trade for over 150 years linking Europe and Asia ...

International Ports and Logistics After nearly three years of detours around Africa, CMA CGM, MSC, Maersk and Cosco are ...