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One missing after tug sinks in Suez collision with tanker

CAIRO: A Suez Canal tugboat sank and a crew member was missing after the vessel collided with a Hong Kong-flagged tanker, the authorities in...

Suez Canal traffic resumes after broken down tanker tugged away

ISMAILIA, Egypt: Egypt deployed three tugboats Sunday to tow away an oil tanker that had broken down and caused brief delays in the Suez...

Suez Canal authority to raise transit fees by 15% in 2023

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority's chairman Osama Rabie said on...

Egypt expects Suez Canal’s revenues to reach $7 billion by fiscal year end

CAIRO: Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait...

Egypt seizes ship that blocked Suez Canal, asks for $900mn in compensation

More than 400 ships were blocked from passing through the crucial shipping lane when the Ever Given ran aground on March 23.

Suez canal ends shipping backlog: statement

Suez Canal Authority said that all 422 ships stranded by the grounding of the giant container ship Ever Given passed through the canal

NASA shares satellite images of 100-km-long ship traffic jam in Suez Canal

A satellite photo by NASA shared on the social media gives people on the internet an idea about how big the congestion it was

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

Brent crude was down 15 cents, or 0.2%, at $64.83 a barrel by 0115 GMT, after gaining 0.6% on Monday. U.S. oil was down 1 cent at $61.55 a barrel, having fallen 1% in the previous session.

Suez Canal says traffic in channel resumes after stranded ship refloated

Suez Canal traffic resumes after stranded ship refloated

Ship blocking Suez Canal moves slightly, unclear when it will refloat

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway

EXPLAINER: What Suez Canal blockade means for the globe?

With its global impact, the knock-on effects might result in jacked fuel prices while it's sent already rising container fares through the roof

Suez blockage sets shipping rates racing, oil and gas tankers diverted away

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway

Suez Canal suspends traffic as ship stuck like ‘beached whale’

The Suez Canal Authority (SCA) said eight tugs were working to move the vessel, which got stuck diagonally across the single-lane southern stretch of the canal

Panama Canal expansion project expected to boost US-Asia trade

PANAMA CITY: With its capacity boosted by nearly three times, Panama's enlarged canal -- set to be inaugurated on Sunday -- is expected to stimulate trade between the United States and Asia, and steal business from the rival Suez canal.

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