Maersk led a growing stream of brand-name vessels transiting the Suez Canal-Red Sea route, says consultant Drewry. The post ...

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 for all ...

While the world’s largest ocean carriers are by and large continuing to avoid the Red Sea, the operator of the Suez Canal stated its case for a future return. The Suez Canal Authority held a meeting ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal ...

The narrow ribbon of water slicing through Egypt’s desert carries a staggering $3 to $9 billion worth of cargo daily. The ...

Osama Rabie, Chairman of the Suez Canal Authority, speaks during an interview with Reuters in his office in the city of Ismailia CAIRO (Reuters) -Suez Canal Authority Chairman Osama Rabie said on ...

CAIRO (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into ...

Egypt said on Saturday it had successfully tested a new 10 km. channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Houthi terrorists began ...

France’s nuclear-powered aircraft carrier Charles de Gaulle passed through the Suez Canal in early May 2026 and is now ...

The unprecedented 2021 revenues came as the shipping industry is still under pressure from two years of the coronavirus ...

Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in ...