Evergreen Marine, the Taiwanese firm that operates the ship, has said salvage experts are working with the captain and the Suez Canal Authority to design a more effective plan for refloating it.

Evergreen Marine said the ship was "suspected ... "This is the largest vessel ever to go aground in the Suez Canal," he said, adding that the ship got lodged in the embankment and would have ...

Turkey's ambitious £20 billion Istanbul Canal project aims to reshape global shipping and solidify its position as a key player in maritime trade. Dubbed the “mini Suez,” the artificial ...

as freight firms reroute around the Cape of Good Hope to avoid the Suez Canal. Taiwanese container shipping line Evergreen said on Monday that it has decided to temporarily stop accepting Israeli ...

An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...

But de Lesseps was certainly not the first to imagine a canal linking the Mediterranean and Red Seas—and, by extension, Europe and Asia—through the Isthmus of Suez. The idea was ancient ...

An analyst for a shipping hedge fund explained that the spike is connected to fears surrounding the continued operations of the Suez Canal, amidst social unrest caused by massive riots against Pre ...

CAIRO, Dec 26 (Reuters) - Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.