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

Suez Canal Authority Chairman Osama Rabie has indicated signs of stability returning to the Red Sea to shipping giant AP Moller-Maersk. Despite this, major shipping companies, including Maersk, plan ...

FILE PHOTO: Osama Rabie, Chairman of the Suez Canal Authority, speaks during a news conference, in Suez, Egypt February 15, 2022. REUTERS/Mohamed Abd El Ghany/File Photo UPDATED Jan 31, 2025, 07:14 PM ...

CAIRO (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 that into ...

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 that into account when planning ...

Such as, the 193 km-long, 205 m-wide, and 24 m-deep Suez Canal is the world’s biggest shipping bottleneck. Despite being widened and deepened over the years, it remains perennially congested, with ...

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

The canal, which was completed in August 1914, is one of the two most strategic artificial waterways in the world — the other being the Suez Canal. Ships sailing between the east and west coasts ...

The 2021 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 ...

During his inaugural address on Monday, Trump lamented that the U.S. had transferred control of the canal back to Panama, saying American ships are being "severely overcharged." He also repeated ...