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 ...

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

A container ship which was hit by strong wind and ran aground is pictured in Suez ... the canal in the hope the blockage could be cleared, said it had temporarily suspended all traffic on Thursday.

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

About 15% of world shipping traffic transits the Suez Canal, which is an important source of foreign currency revenue for Egypt. The stoppage was costing the canal up to $15 million a day.

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 ...

The Suez Canal is fully prepared to operate at maximum capacity, welcoming maritime services from major shipping lines, as global trade gradually returns to its normal flow through the canal, ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

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 ...

The Suez Canal is a major thouroughfare for much of ... The venture aims to address shipping traffic in the Bosporus, a natural strait in Istanbul, and its predicted to have a capacity of ...