suez canal

Suez Canal authority to raise transit fees by 15% in 2023

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in… Read More

Egypt expects Suez Canal’s revenues to reach $7 billion by fiscal year end

CAIRO: Egypt expects the Suez Canal's revenues to reach about $7 billion by the end… Read More

Egypt seizes ship that blocked Suez Canal, asks for $900mn in compensation

More than 400 ships were blocked from passing through the crucial shipping lane when the… Read More

Suez canal ends shipping backlog: statement

Suez Canal Authority said that all 422 ships stranded by the grounding of the giant… Read More

NASA shares satellite images of 100-km-long ship traffic jam in Suez Canal

A satellite photo by NASA shared on the social media gives people on the internet… Read More

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

Brent crude was down 15 cents, or 0.2%, at $64.83 a barrel by 0115 GMT,… Read More

Suez Canal says traffic in channel resumes after stranded ship refloated

Suez Canal traffic resumes after stranded ship refloated Read More

Ship blocking Suez Canal moves slightly, unclear when it will refloat

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a… Read More

EXPLAINER: What Suez Canal blockade means for the globe?

With its global impact, the knock-on effects might result in jacked fuel prices while it's… Read More

Suez blockage sets shipping rates racing, oil and gas tankers diverted away

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have… Read More

Suez Canal suspends traffic as ship stuck like ‘beached whale’

The Suez Canal Authority (SCA) said eight tugs were working to move the vessel, which… Read More

Panama Canal expansion project expected to boost US-Asia trade

PANAMA CITY: With its capacity boosted by nearly three times, Panama's enlarged canal -- set to… Read More