suez canal

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

By Brendan Murray Jun 2, 2024 (Bloomberg) –Never has it been so cheap to inflict a world of economic pain. That stark point was underscored last

FRANKFURT, May 15 (Reuters) – German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight

Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent

CAIRO, March 4 (Reuters) – Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the

HAMBURG, Feb 9 (Reuters) – More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical

CAIRO, Jan 18 (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from

By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

DUESSELDORF, Germany, Jan 14 (Reuters) – Germany is expected to participate in a European Union naval mission to protect shipping in the Red Sea that

By Lisa Baertlein LOS ANGELES, (Reuters) – Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is

By Alex Longley, Áine Quinn and Jack Wittels (Bloomberg) — The global shipping industry is bracing for the prospect of living without its most

by Yusri Mohamed, (Reuters) – Egypt’s Suez canal authority said on Sunday it was closely monitoring the impact