Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a ...

The waterway is a major source of foreign currency for Egypt, which spent an estimated £6.5bn ($8.2bn) on an expansion of the ...

The UN official in charge of the International Maritime Organisation is planning to strengthen the agency in Egypt in ...

Resumption of normal trading patterns could be a major catalyst for veteran container ships to leave the market ...

Two of the world's top shipping companies, Maersk and Hapag-Lloyd , said on Thursday they did not see an immediate return to ...

the official opening ceremony of the Suez Canal. The event was spectacular, meant to impress attendees with the commercial and cultural possibilities of an engineering project designed ...

CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it conducted a successful trial operation of a new expansion of the Suez Canal. (Reporting by Yusri Mohamed; writing by Hatem Maher; Editing by ...

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 ...

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 ...

Egypt's revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea tensions, resulting in a loss of nearly $7 billion, a presidential ...