disrupting global shipping lanes by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa, raising the costs for insurers. Egyptian President Abdel Fattah al-Sisi said in ...
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Red Sea, Suez Canal crisis fuels fresh wave of rate hikes in East Africaan inlet lying between Africa and Asia. This has forced ships to seek alternative but longer and expensive routes away from the Suez, a 193.30km canal in Egypt that connects the Mediterranean Sea ...
Iran-backed Houthi militants have attacked vessels in the Red Sea area since November 2023, disrupting global shipping by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa ...
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Suez Canal extension to be operational in first quarterThe Suez Canal expansion ... Osama Rabie, chairman of the canal authority, said the operation of the new section would begin once the Egyptian navy issues new navigational maps.
CAIRO (Reuters) - The Suez Canal Authority's chairman, Osama Rabie, said on Monday that navigational maps for the planned 10km (6.2 mile) canal extension were issued. Rabie's statement said that the ...
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