The IMEC corridor promises faster and cheaper East–West trade, and Middle Eastern ports are positioning themselves as the ...

Middle East A Suez Canal village, like the world, grapples with the giant ship stuck in its backyard. March 28, 2021 More than ...

The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, ... About 25% of Middle East LNG exports transited the waterway to deliver gas mainly for European buyers.

Middle East's answer to the Suez Canal transporting 17m barrels of oil every year This critical maritime passage in the Middle East transports an astonishing 17 million barrels of oil every year ...

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.

Middle East Suez Canal Has Reopened, but Ever Given Isn’t Free to Go Egyptian authorities say they won’t release ship until its owners pay compensation and an investigation is complete ...

Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday, as traffic rebounded from ...

Eight large tugboats were attempting to push and drag the ship from its unintended berth, the Suez Canal Authority said in a statement on Thursday. But with the ship stretching about 1,300 feet ...

Middle East. Today’s Paper. On the Scene at the Suez Canal. By Vivian Yee March 29, 2021. ... The gargantuan container ship that had been wedged in the Suez Canal since last week, ...

Middle East; Suez Canal Pilots Under Scrutiny Amid Effort to Clear Backlog After Ever Given was freed, more pilots are being called to the canal to meet increased demand.

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...

CAIRO — Of the many obstacles Egyptian salvage crews faced in freeing the giant ship blocking the Suez Canal last week, there was this invisible one: a low expectation of Egypt's ability to fix ...