A large merchant ship was successfully refloated with help from tugboats after being stuck in the Suez Canal for several hours on Thursday, averting a repeat of the 2021 stranding of the M/V Ever ...
The Ever Given cargo ship was grounded in the Suez Canal for over six days, causing an enormous backup in one of the world’s major trade routes. The story dominated news headlines and viral claims ...
As the dynamics of international trade evolve, the canal’s strategic importance as a resilient hub for maritime lanes has opened new opportunities beyond toll collection ...
DP World, has formed a joint venture (JV) company with Egypt’s General Authority for the Suez Canal Economic Zone. The new venture will see the global terminal operator assist in developing projects ...