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

According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82 km.

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

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 ...

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 ...

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

There are already many nominations for 2024's word of the year. The right pick is the name of the world's most controversial ...

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.