Rising energy costs caused by the Iran war have forced Egypt to hike fuel and cooking gas prices, hitting the country's already struggling poor and middle classes hard ...
The Middle East conflict has significantly delayed container shipping’s return to the Suez Canal, the chief executive of German carrier Hapag-Lloyd said. Rolf Habben Jansen said Monday that the ...
Shippers are once again avoiding the Suez Canal as the U.S. and Israel are locked in a war with Iran. Image by Michael Arsyi via iStock Shippers are once again avoiding the Suez Canal as the US and ...
Tom has a Master's degree in Journalism. His editorial work covers anything from archaeology and the environment to technology and culture. Tom has a Master's degree in Journalism. His editorial work ...
Welcome to our guide to the commodities driving the global economy. Today, oil strategist Julian Lee looks at the prospects for a return of shipping through the Suez Canal. For a feature on how ...
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 ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
I grew up in Windsor Locks, Connecticut. Our town’s name described what made us unique — we had locks on the Connecticut River. Ever since I was a kid, I have understood how locks worked, and I always ...
Jan 15 (Reuters) - Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea. They have been ...
A.P. Moller-Maersk A/S (AMKBY)(AMKBF) plans to resume routine sailings through the Suez Canal later this month, citing an improving security environment in the Middle East. The move signals further ...
Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of global trade disruption due to attacks on ships ...
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 ...