An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...

according to the Suez Canal Authority - an average of 51.5 ships per day. In 2017, a Japanese container vessel blocked the canal after it ran aground following reported mechanical issues.

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

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

An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...

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 ...

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 ...

New environmental regulations and geopolitical risks, such as recent attacks on ships in the Red Sea, have cooled interest in ...

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

The Suez Canal Authority said in a statement that during ... Following the 2021 grounding of the container ship Ever Given that blocked the vital waterway for six days, Egypt accelerated plans ...