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Egypts Suez Canal revenue plummets amid Red Sea crisis

Egypt's Suez Canal revenue plummets amid Red Sea crisis

Osama Rabie, chairman of the Suez Canal Authority (SCA), attributed the decline in revenues to the security challenges in the Red Sea, which led many vessel owners and operators to take alternative routes.

18 July 2024 4:45 PM GMT

Ever Given yet to leave Suez for short of Rs 8,856cr as damages

Ever Given yet to leave Suez for short of Rs 8,856cr as damages

6 May 2021 7:58 PM GMT

Last group of stranded ships to cross Suez Canal

Last group of stranded ships to cross Suez Canal

Cairo: The last group of ships stranded due to the blocking of the massive container vessel, Ever Given, have crossed...

4 April 2021 7:22 AM GMT

Ever Given stranded in Suez Canal floats free

Ever Given stranded in Suez Canal floats free

The massive cargo ship Ever Given, which was stuck in the Suez Canal for almost a week, has finally been free from the...

30 March 2021 4:25 AM GMT

Ever Given ship partially refloated, but still stuck in Suez Canal

Ever Given ship 'partially refloated,' but still stuck in Suez Canal

Suez: The massive container ship that blocked the Suez Canal for almost a week was partially refloated into right...

29 March 2021 8:45 AM GMT

Stuck ship in Egypts Suez Canal imperils shipping worldwide

Stuck ship in Egypt's Suez Canal imperils shipping worldwide

Ismailia (Egypt) A skyscraper-sized cargo ship wedged across Egypt's Suez Canal further imperiled global shipping...

25 March 2021 8:04 AM GMT