Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in ...

By Terje Solsvik OSLO, Jan 15 (Reuters) - Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of ...

CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on ...

A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven ...

Jan 15 (Reuters) - Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea. They have been ...

CAIRO (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February. Earlier this month ...

Maersk’s MECL service is back on Suez, but carriers remain cautious over congestion and network disruption risks.

Egypt could recover much of the Suez Canal revenue losses recorded in 2023 and 2024 within three to five years if it ...

The Suez Canal expansion, which will extend the waterway’s two-way section by 10km, is expected to be operational in the first quarter of 2025, the authority’s chairman has said. Egypt announced on ...

The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with ...