The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Egypt has successfully tested a newly constructed 10-kilometre extension of the Suez Canal. The initiative aims to reduce the ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

Teddy Roosevelt once declared the Panama Canal “one of the feats to which the people of this republic will look back with the ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on ...

President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...

In 2021, giant container ship Ever Given became wedged diagonally in the ... followed by several smaller development projects. The Suez Canal has long been a vital source of foreign currency ...