has said salvage experts are working with the captain and the Suez Canal Authority to design a more effective plan for refloating it. The blockage is creating long tailbacks in the waterway ...

Our customers are worried about the Suez blockage' Extra tugs join effort to dislodge Suez Canal ship How do you refloat a giant cargo ship? The wind speed at the time was recorded at 40 knots ...

Around 15% of global trade passes through the Suez Canal, and the blockage was costing it up to $15 million a day. The ship has now been towed to a lake outside of the Suez for technical inspection.

An official at the Suez Canal Authority said they planned to make ... It remained unclear how long the blockage would last. Even after reopening the canal that links factories in Asia to consumers ...

The Suez canal was blocked in both directions Friday after three freighters ran aground in the waterway near Port Said at the northern end, canal authorities told AFP. The 27,000 ton Panamanian ...

Hundred and fifty five years after it was opened for ships, the Suez Canal remains one of the busiest waterways in the world ...

The Covid- pandemic exposed the vulnerability of global supply chains (GSCs). The subsequent geopolitical crises, including ...

Maersk, which handles about a fifth of the world’s container shipping, redirected its ships around Africa in 2021 when the ...

A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through the Suez Canal until 2025 due to the threat of Red ...

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In this installment of the Butterfly Effect, climate change is creating incredible economic opportunity in the Arctic, leading to saber rattling from Canada and Russia. Whichever region benefits ...