Military escalation between Iran, Israel, and the United States has raised the risk of disruptions in the Strait of Hormuz and the Suez Canal. Together, these routes handle a major share of global oil ...
A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector. The Houthi ...
A cargo ship broke down in Egypt's Suez Canal on Wednesday and crashed into a bridge over the crucial waterway, authorities said, adding that the incident did not disrupt canal traffic. The ...
Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Photo by AFP via ...
ISMAILIA, Egypt — The men in the canal’s control room had their eyes glued to radar screens, monitoring the progress of the precious yellow icons. Down below, on the bank of the Suez Canal, the ...
When the Ever Given, one of the world’s largest cargo ships, ran aground in the Suez Canal, global trade stopped overnight. For six days, hundreds of ships carrying billions in goods were trapped on ...
The business of shipping goods around the world has suffered shock after shock since 2000, culminating in the effective closure of the Red Sea and Suez Canal two years ago. Don’t say it too loud, but ...
A liquefied natural gas tanker that’s part of a shadow fleet of vessels that helps Russia skirt sanctions is heading toward the Suez Canal, after sailing back and forth in the North Atlantic earlier ...
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