Revenues from transit through the Suez Canal have decreased by over 60 percent due to a drop in the number of transiting ...

Abu Dhabi Ports Group has signed a 50-year renewable agreement with Egypt's Suez Canal Economic Zone to develop a large industrial and logistics hub near the coastal city of Port Said, according to a ...

The vessel loaded a cargo at the US-sanctioned Arctic LNG 2 plant in September 2024, later discharging this at Russia’s huge 361,600-cbm Saam FSU (built 2023) to the north of Murmansk later that month ...

1) The Panama Canal is a chokepoint for global trade. Today, the canal handles 5 percent of all maritime trade and 40 percent of all U.S. container ship traffic. It was originally built by the U.S ...

Egypt’s Prime Minister Mostafa Madbouly held a meeting on Sunday with Walid Gamal El-Din, Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), to review matters related to ...

The Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ongoing tensions in the Red Sea which have led several shipping companies to ...

WASHINGTON — US President Donald J. Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge. “I’ve asked ...

The Suez Canal is one of Egypt’s most valuable assets, playing a huge role in the country’s economy and global trade. So when American President Donald Trump recently made a statement ...

The Suez Canal, managed by Egypt, remains a vital link between Europe and Asia, handling about 10% of global maritime trade. Recent disruptions caused by Houthi attacks on Red Sea shipping routes ...

the post on his Truth Social network on Saturday also turned attention to the Suez Canal, which cuts through Egypt to link the Mediterranean and the Red Sea.

TUGUEGARAO CITY, Cagayan (PIA) – – A manhunt operation and in-depth investigation have been launched by the Philippine National Police (PNP) Region 2 following the fatal shooting of Rizal, Cagayan ...

MANILA, Philippines — The incumbent mayor of Rizal, Cagayan was shot dead during a campaign sortie, according to the Philippine National Police (PNP). According to a police report by the Police ...