Skechers noted in July that the supply chain disruptions and shipping delays from the crisis forced the footwear brand to ...
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...
Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...
The number of Houthi attempted attacks fluctuates each month, but they have repeatedly demonstrated the threat they pose to ...
An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...
The move comes as part of the Authority's ongoing efforts to enhance the maturity of the coastal tourism sector ...
Genco Shipping has a strong capital structure which cushions its financials from the cyclicality of deep-sea dry bulk ...
The disruption to the marine shipping industry due to the geopolitical situation in the Red Sea has had a ripple effect ...
SAUDI Arabia has launched its first ever cruise ship in its latest plot to suck in international tourists. The Aroya luxury ...
The Aroya luxury cruise ship set sail from Jeddah on Saudi’s west coast and floated off towards Egypt on the Red Sea on December 11 - but had no fixed destination. The bobbing behemoth is a ...
President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the ...