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

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 Suez Canal Authority (SCA) has unveiled new navigational charts following updates made to the southern sector development project. The charts, which have been approved by the Egyptian Navy’s ...

The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities in global supply chains and ...

Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically opened the Red Sea to all maritime traffic except for ships directly tied ...

CAIRO - 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.

Here’s What You Need To Remember: For Britain, the Suez Canal was a symbol of imperial prestige, as well as a lifeline to its bases in the Middle East and... Here’s What You Need To Remember ...

Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year.

CAIRO, Jan 31 (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take ...