The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world's most important maritime trade chokepoints isn't set to break free just yet. The Ever Given, a 220,000-ton ...

Credit: Axelspace Corporation, CC BY-SA 4.0 , via Wikimedia Commons The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a ...

My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. A sanctioned oil tanker ran aground in the Suez Canal, blocking northbound traffic for several hours on ...

CAIRO, Egypt — A bulk carrier vessel became wedged Thursday in Egypt’s Suez Canal, briefly blocking traffic in one lane of crucial global waterway, Egyptian authorities said. The Suez Canal Authority ...

SUEZ, Egypt (AP) — Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that ...

The incident has resulted in a huge tailback, costing $17 MILLION PER DAY with 369 vessels including 25 oil tankers waiting ...

The world today finds itself in the midst of a raging war that has brought the global oil and energy trade close to a standstill, mainly because the Strait of Hormuz, under the control of Iran, stands ...