Attacks by Houthi rebels in the Red Sea scared off many of the shipping firms that used the Suez Canal, depriving Egypt’s ailing economy of vital revenue.

Egypt’s Suez Canal Authority (SCA) said on Thursday that the giant container ship CMA CGM SEINE, one of the world’s largest container vessels, transited the canal for the first time as part of the ...

Maersk alliance will resume in the Red Sea for the first time since the Houthis began attacking ships in late 2023.

A.P. Moller - Maersk and Hapag-Lloyd said they will reroute one of their joint container services to transit the Red Sea and ...

Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal. View on euronews ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...

The massive cargo ship that got stuck in the Suez Canal last week and threatened to spark a global economic crisis by blocking an essential maritime trade route was finally freed Monday. The drawn-out ...

Former Merchant Mariner Sal Mercogliano said Thursday he sees new and ominous signs that the 220,000-ton mega ship blocking Egypt's Suez Canal may take a lot longer to remove than initially thought.

Tug boats are working to free a large container ship stuck in Egypt's Suez Canal, halting traffic through one of the busiest and most important waterways in the world. What's happening: Work continues ...

Egypt said on Saturday that it will increase transit fees for vessels, including oil-laden tankers, passing through the Suez Canal, one of the world's most crucial waterways. The Suez Canal Authority ...