(ANSA) - ROME, JAN 13 - The main threat to the Italian economy is for the Mideast conflict to widen and passage through the Red Sea and the Suez Canal to be blocked forcing cargo to go around ...
The Japanese owner of the giant cargo ship that has been blocking Egypt's Suez Canal since Tuesday has apologised for the disruption to global trade. Shoei Kisen Kaisha said it was trying to ...
Tug boats working on the Ever Given on Saturday night A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. Peter Berdowski ...
An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...
The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
Turkey's ambitious £20 billion Istanbul Canal project aims to reshape global shipping and solidify its position as a key player in maritime trade. Dubbed the “mini Suez,” the artificial ...
An analyst for a shipping hedge fund explained that the spike is connected to fears surrounding the continued operations of the Suez Canal, amidst social unrest caused by massive riots against Pre ...
Egypt - The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din. This was announced ...
Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...