Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the ...

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter ...

The war began with... The world is slowly emerging from the Suez Canal saga, where the Ever Given vessel was stuck in the narrow southern lane of the Canal for six days, disrupting global ...

Trade frictions, restrictions on foreign investment and tech wars have gained ground, and digital platforms are the ...

In March 2021, a 400-metre container ship named the Ever Given became wedged in the Suez Canal, halting global trade for six days. This single event disrupted the movement of goods worth USD 9 billion ...

The Suez Canal Authority confirmed two ships had passed through the new section during a trial run without incident.

The Suez Canal expansion, which will extend the waterway’s two-way section by 10km, is expected to be operational in the first quarter of 2025, the authority’s chairman has said. Egypt announced on ...

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