Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...
ISMAILIA, Egypt--The Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping. Shoei Kisen apologized ...
The 2021 Suez Canal blockage resulted in a loss of nearly ... such as those currently occurring in the Red Sea due to attacks on cargo ships by Houthi rebels. Many ships are now being rerouted ...
Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.
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Suez Canal Expects ‘Further Stability’ in Coming WeeksSuez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter ...
The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the ...
Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...
The Suez Canal Authority confirmed two ships had passed through the new section ... to ferry as much as one-third of all global container cargo, including toys, tennis shoes, furniture and frozen ...
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