Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...
The U.S. Navy, in anticipation of a war in East Asia, would use the canal to move ships and submarines from the Atlantic to ...
The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
New environmental regulations and geopolitical risks, such as recent attacks on ships in the Red Sea, have cooled interest in ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Unlike Egypt's Suez Canal, the Panama Canal operates using freshwater stored in two reservoirs. A drought led to a reduction in the number of transits in 2023, but the situation has since normalized.