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

The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to liner

Yachting World is reporting that while missiles rain down on oil tanekrs and major shipping companies divert billions in cargo away from the Bab-el-Mandeb

July 18 (Reuters) – The Suez Canal’s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to

BERLIN, June 11 (Reuters) – German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal