The MECL service, which is operated exclusively by Maersk, connects the Middle East and India with the US East Coast. The return to the trans-Suez routing reflects Maersk’s objective to provide the ...
The business of shipping goods around the world has suffered shock after shock since 2000, culminating in the effective closure of the Red Sea and Suez Canal two years ago. Don’t say it too loud, but ...
The Suez Canal has long stood as one of the world’s most vital maritime arteries. For decades, its economic model has relied primarily on transit fees collected from vessels passing through its waters ...
Egypt’s Suez Canal Economic Zone (SCZone) received 24 new container-handling units on Monday for the Red Sea Container Terminal (RSCT), operated by Hutchison Ports at Ain Sokhna, the authority said in ...
A sanctioned oil tanker ran aground in the Suez Canal, blocking northbound traffic for several hours on Tuesday. The Suez Canal Authority said the Komander had engine issues while sailing southbound ...
The Dark Truth Behind the Suez Canal explores significant aspects of this vital waterway. 0:00 Introduction 1:00 Chapter 1: The Focal Point 2:20 Chapter 2: A Shorter Sea Route 6:21 Chapter 3: Building ...
Egypt plans to turn global supply chain volatility into a strategic opportunity via the Suez Canal Economic Zone (SCZone) – a sprawling 460 km² megaproject along trade routes connecting Europe, Asia ...
President Trump said Saturday that American commercial and military ships should not have to pay to travel through the Panama Canal and Suez Canal. “American Ships, both Military and Commercial, ...
CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...
CAIRO (Reuters) - Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's ...
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 ships ...