Iran-backed Houthis intensify attacks on Israel and global trade routes, leveraging advanced weaponry and strategic support ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen ...
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
The beginning of 2025 finds Israel now in a direct fight with the Houthis, exchanging aerial bombardments, missiles and drone ...
The Suez Canal is growing by up to 10 km in length in its Small Bitter Lakes segment which will enable it to handle six to ...
but there is still some traffic that goes through the Suez Canal. “It has become a new normal in several ways. For starters, I don’t think the Houthis are going to go away as a maritime threat ...
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’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Attacks by Iran-backed Houthi rebels since October 2023 on ships crossing the Suez Canal have hurt sales of transport fuel ...
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...