Red Sea crisis deepens as Egypt faces economic fallout
The Red Sea is facing a growing crisis as Egypt faces severe economic consequences due to the Israeli war on Gaza.
Red Sea crisis deepens as Egypt faces economic fallout Read More »
The Red Sea is facing a growing crisis as Egypt faces severe economic consequences due to the Israeli war on Gaza.
Red Sea crisis deepens as Egypt faces economic fallout Read More »
Egypt’s Suez Canal revenue dropped 23.4% due to a decline in shipping traffic caused by Huthi rebel attacks in the Red Sea.
Houthi attacks disrupt shipping, hit Egypt’s canal income Read More »
Total number of vessels passing through Suez Canal falls from 1,094 in November to 85 in March and 159 in April, data shows
Suez Canal traffic clows, Cape of Good Hope doubles Read More »
Suez Canal one of main source of Egypt’s foreign currency
Egypt reports 50% drop in Suez Canal revenue amid Red Sea tensions Read More »
Shipping giant cites security concerns, reroutes vessels around Africa.
Maersk halts Red Sea shipping indefinitely after Houthi attack Read More »
Maersk disclosed on December 24 its intentions to reinitiate Red Sea routes for both eastbound and westbound journeys
Maersk plans transit of multiple vessels through Suez Canal Read More »
For the first time in its history, the Suez Canal achieved revenues of one million dollars per hour
Suez Canal revenues reach one million dollars per hour Read More »
Suez Canal Authority deals with malfunctions of 2 tankers
Suez Canal Authority dealing with 2 malfunctioning tankers Read More »