Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

A new tugboat has joined the ranks of those struggling to free the giant cargo ship blocking the crucial Suez Canal maritime route. Syria, citing the blockage, rations fuel, and Lebanon warns of a ...

Update 03/29/21 10:30 a.m. ET: After 6 grueling days, crews have managed to wrench the Ever Given free from its perch in the Suez Canal. Now that the ship is under way—thanks to high tides and a ...

Suez Canal Authority Key Facts The Hong Kong-flagged bulk carrier M/V Xin Hai Tong 23 became grounded at 4 a.m. local time as it was traveling southward, shipping agency Leth announced on Twitter.

The Suez Canal expects its revenues to increase by $700 million annually after transit fees hike by 15% in 2023, CNBC Arabia TV channel quoted the chairman of the authority managing the canal ...

A Suez Canal tugboat sank on Saturday and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was ...

Satellite imagery captured the British aircraft carrier HMS Prince of Wales passing through Egypt's Suez Canal as it led a naval strike group on a mission to the western Pacific Ocean.. The ...

CAIRO -Egypt's Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources, the head of the Suez ...

Egypts revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea tensions, resulting in a loss of nearly $7 billion, a presidential statement ...

Admiral Osama Rabie, Chairman of the Suez Canal Authority, inspected the construction of new tugboats at the Egypt Tugboat Factory, located at the South Red Sea shipyard in Safaga. The visit aimed to ...