Suez Canal revenue down 60%, but Red Sea outlook may be changing
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
The troubled history of the Panama Canal’s racial and social divide
The social and racial divide along the Panama Canal zone in its American heyday was stark: a silver and gold, segregated ...
BBC1y
The cost of the Suez Canal blockage
Tug boats working on the Ever Given on Saturday night A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. Peter Berdowski ...
CNN2y
Steer through the Suez Canal
Navigating the Suez Canal is a high-stress, complicated feat that requires master piloting skills. To demonstrate, we worked with Master Mariner Andy Winbow and Captain Yash Gupta to produce this ...
Business Insider13y
A Deep Look At Oil Tankers And The Suez Canal In The Wake Of The Egyptian Crisis
An analyst for a shipping hedge fund explained that the spike is connected to fears surrounding the continued operations of the Suez Canal, amidst social unrest caused by massive riots against Pre ...
BBC3y
Suez Canal: Owner of cargo ship blocking waterway apologises
The Japanese owner of the giant cargo ship that has been blocking Egypt's Suez Canal since Tuesday has apologised for the disruption to global trade. Shoei Kisen Kaisha said it was trying to ...
CBC.ca6y
Suez Canal Crisis
In 1956, a brilliant diplomat named Lester B. Pearson led Canada into middle power respectability when he pulled the world back from the brink of war in the Middle East. In 1956, the first large ...
Cambridge University Press8y
History of the Suez Canal
In the early 1850s the French diplomat and engineer Ferdinand de Lesseps (1805–1894) revived earlier French plans to build a canal through the Isthmus of Suez, and, thanks to his good relations with ...
Business Insider India3y
Ever Given, the ship blocking the Suez Canal, is costing billions of dollars for people around the world
From food and fuel to minerals and consumer products, Ever Given, the giant ship that has blocked the Suez canal is going to make a lot of stuff super expensive. It’s been three days since the ...