Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...

The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

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

London-listed shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop ...

says the attacks were meant to pressure Israel to end its deadly war on the Gaza Strip. The attacks have led several shipping companies to divert their ships from the Suez Canal, where 12 percent ...

Egypt’s Suez Canal has seen its revenues nosedive by more ... has been heavily impacted by Israel’s war on Gaza and the Houthis in Yemen. Yemen’s Houthi movement has threatened ships ...

According to the Suez Canal Authority, the loss in the terms of amount is about $ 7 billion. Before the Gaza war began, 12 percent of the world’s trade was being conducted through the Suez Canal.

The Suez Canal is a major thouroughfare for much of the world's trade, as it avoids a long journey around the bottom of the African continent. Instead, ships sail through the oceanic highway ...

Built and managed by the USA for several years and transferred back to Panama in 1999, the Panama Canal has recently hit the ...