The blockage of Egypt's Suez canal by a giant container ship is causing a "traffic jam" in the Red Sea, according to a merchant seaman on a nearby ship. Joe Reynolds, chief engineer of the Maersk ...

The giant ship is causing a traffic jam in one of the world's busiest waterways A giant container ship the length of four football pitches has become wedged across Egypt's Suez Canal, blocking one ...

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

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

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Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

(MENAFN- Nam News Network) CAIRO, Dec 29 (NNN-MENA) – The Suez Canal has successfully tested ... move to prepare for increased shipping traffic, as stability improves in the Red Sea region.

Rescue efforts to unlock the Panama-flagged mega-ship Ever Given from the Suez ... Canal finally proved successful early Monday, Egyptian authorities confirmed. But it was too soon to know when ...

Suez Canal slowdown About 12% of global trade passes ... The canal normally handles about 5% of global trade flows. But due to the traffic-jam, northbound traffic has fallen to 45 ships per ...

The BW Lesmes was successfully re-floated at 3:30am on Wednesday and was sent for further inspection at Suez, at the canal’s southern terminus, BW Group said in a statement reported by Reuters.

CAIRO, Dec. 28 (Xinhua) -- The Suez ... traffic as stability improves in the Red Sea region. This news comes after Egyptian President Abdel-Fattah al-Sisi revealed on Thursday that Suez Canal ...