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

The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea ...

Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...

“The Houthi stance is part of the region’s broader geopolitical conflicts. Despite the recent truce in Gaza, hostilities ...

In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President Nasser of Egypt, a proud Arab nationalist determined to stand up to foreign ...

Maersk will continue with diversions around Africa until 'safe passage through the area is ensured for the longer term', it ...

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s minister ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

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

which fell at least 60% due to the war, the country’s minister for foreign trade and investment said. “It’s not going to be an immediate switchback to the Suez Canal as we envisage,” said ...

The planned port could be a response to a long-touted Israeli plan to decouple the international maritime movement from the ...