suez canal

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the

The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker Dignity, stating that the

The Suez Canal Authority is reporting significant progress in its recovery from vessel diversions due to the Red Sea crisis, with October marking the highest

Maersk shares fell on Thursday on expectations a Gaza ceasefire deal could eventually restore container shipping routes through the Red Sea and Suez Canal,

Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back

By María Paula Mijares Torres Apr 26, 2025 (Bloomberg) –President Donald Trump called for “free of charge” passage of American ships through

By Prejula Prem Mar 21, 2025 (Bloomberg) –A pause in Houthi attacks on commercial shipping has seen fuel traders import more cargoes into Europe via

By Salma El Wardany Feb 23, 2025(Bloomberg) –Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of

CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s

Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by

Liquid natural gas producers have been avoiding the Red Sea for much of 2024 amid continuous attacks by Houthi militants. This may now be changing as the first

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed

Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red Sea this week, the Suez Canal said on

CAIRO, Jan 31 (Reuters) – Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least

Yemen's Houthis will limit their attacks on commercial vessels to Israel-linked ships provided the Gaza ceasefire is fully implemented, the Humanitarian

Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade

CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s