JD Vance says the Suez Canal only matters for European trade. He is both correct and mistaken at the same time, a top strategist says
The vice president’s comments came to light when Jeffrey Goldberg, the editor-in-chief of The Atlantic, revealed Monday that ...
Houthi attacks force US ships to detour around Africa, costing millions
The Houthis say they have targeted ships in the Red Sea in solidarity with Palestinians since the start of Israel’s Gaza war.
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Suez Canal Authority says it can handle challenges, major lines to resume transit after stability
The SCA also reaffirmed its commitment to maintaining strategic partnerships with its clients, stating that it remains ...
Houthi attacks in Yemen force ships to make costly detour around Africa: US
WASHINGTON – Attacks by Houthi rebels in Yemen have forced three-quarters of US-flagged ships to avoid the Red Sea and ...
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Suez Canal Losses Surge Amid Red Sea Tensions
Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional ...
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How Greek Shipping Magnate Aristotle Onassis Became the Richest Man in the World
Aristotle Onassis wealth was acquired in a variety of ways but it was the Suez Canal deal that made him the richest man in ...
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Egypt Suez Canal monthly revenue losses at around $800 million, Sisi says
disrupting global shipping by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa, raising shipping costs. Sign up here. The Egyptian presidency statement did not ...
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Suez Canal Authority, MSC discuss Red Sea stability, return to normal transit
The Suez Canal is continuing its strategy to develop the waterway, pointing to the completion and operation of the southern ...
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Egypt Suez Canal monthly revenue losses at around $800m, Sisi says
Sisi said earlier this week that the monthly losses of the Suez Canal revenues reached around $800m due to the regional ...