Maersk has warned of an “operational meltdown” when carriers are able to use the Suez Canal again. The Danish liner, along ...
Take a deep dive into the world’s busiest shipping lanes according to the number of vessels passing through them each day.
Turkey has plans that rival the Suez Canal, with a new huge maritime corridor that will usher in a new era of economic ...
Egypt - Suez Canal Bank has signed a cooperation protocol with Raya Information Technology, a subsidiary of Raya Holding for ...
Traffic through Suez Canal has slowed, driving the cost of goods up, and impacting the two countries’ economies.
Despite the urgent need for a new trading route and the canal project securing the green light in 2003, decades of political ...
This £21.3bn ($28bn) "mega-project" could cut journey time by six to nine days and boost Thailand's economy, according to ...
Revenues from Egypt's Suez Canal have fallen by 60%, and ship traffic has decreased by 49% since the start of 2024, according ...
Disruptions in the Red Sea are increasing pressure on supply chain leaders to navigate conflicting priorities to manage budgets and maintain customer satisfaction.
Egypt's current account deficit surged to $20.8 billion due to a fall in Suez Canal revenues and a widening trade deficit.
Egypt has lost $6 billion in Suez Canal revenue due to escalating geopolitical tensions in the region, President Abdel Fattah ...
A ship sails on the Gulf of Suez, Egypt, on Oct. 8, 2024. Revenues of Egypt's Suez Canal dropped by 60 percent and the number ...