Egyptian President Abdel Fattah Al-Sisi announced on Monday, 17 March, that the Suez Canal is losing approximately USD 800 million (EGP 40.37 billion) in revenue each month due to ongoing regional ...
Tensions have intensified between the United States and Houthi rebels as U.S. military strikes in northern Yemen resulted in the deaths of at least 53 people. This marks President Donald Trump’s ...
The Gate of Grief may be in for more suffering. Just when the Egyptian government was hoping traffic through the Suez Canal might return to normal after 15 months of conflict, the waterway is ...
Suez has said that it is set to reopen its Aberdeen materials recovery facility (MRF) this summer after it was shut down following a fire in 2022. The waste company invested £30 million into the ...
As efforts failed to dislodge it, the Ever Given became a symbol of Covid-era anxiety as the pandemic entered its second year. By Jenny Gross The Ever Given, one of the world’s largest container ...
The Houthis have stopped attacking merchant ships in the Red Sea and Gulf of Aden due to a shift in the war in Gaza. Not to mention, some signs exist the US and Israel have successfully hampered ...
The Suez Canal Authority (SCA) has successfully towed a Greek-flagged tanker carrying over 150,000 tons of crude oil after a Houthi attack in the Red Sea damaged it, SCA said in a statement on Monday.