The Suez and Panama Canals are among the most important sea trade routes in the world. In 2022 alone, almost 23,900 ships transported around 1.4 billion tons of freight through the 193-kilometre-long ...
Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Photo by AFP via ...
Satellite image of the Ever Given in the Suez Canal Cnes2021, Distribution Airbus DS The huge Ever Given container ship has been stuck in the Suez Canal for more than 72 hours. Mariners have tried to ...
Egypt has begun a formal investigation into how a giant container ship blocked the Suez Canal and disrupted global trade for almost a week. Here's everything you need to know about the Ever Given and ...
Dubai, United Arab Emirates — A cargo container ship that's among the largest in the world has turned sideways and blocked all traffic in Egypt's Suez Canal, officials said Wednesday, threatening to ...
Rescue teams working to dislodge the giant container ship blocking the Suez Canal have failed in another bid to free the boat, according to the vessel’s technical manager. “Another attempt to re-float ...
Maersk to return to Red Sea route as soon as conditions allow, CEO says Shipping group Maersk will take steps to resume navigation through the Red Sea via the Suez Canal as soon as conditions allow, ...
The crisis in the Suez Canal last month turned the world’s attention on a single challenge few had ever considered: how to refloat a 200,000-ton mass of steel, as long as the Empire State Building is ...
Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries, threatened to ...
SUEZ, Egypt — The giant container ship that blocked traffic in the Suez Canal for the last week resumed its journey on Monday after being successfully refloated. "The efforts to float the delinquent ...
International efforts to dislodge the skyscraper-size cargo ship blocking Egypt's Suez Canal intensified but made little progress Thursday as the maritime traffic jam wreaked havoc on global trade.
Egypt has revealed a masive extension to the Suez Canal that enables sea travel between Europe and South Asia Egypt has revealed a masive extension to the Suez Canal that enables sea travel between ...