The Suez Canal blockage exposed the vulnerabilities of international trade and the global economic system. If key maritime ...
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 ...
On average, $9.7 billion in goods travels through the canal, which connects Asia and Europe, every day.
In 2026, the world finds itself facing similar crisis as the Strait of Hormuz, which controls around 20% of the world’s oil ...
Former Merchant Mariner Sal Mercogliano said Thursday he sees new and ominous signs that the 220,000-ton mega ship blocking Egypt's Suez Canal may take a lot longer to remove than initially thought.
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 ...
Egypt has seized the Ever Given and demanded over $900 million in compensation for the blockage the container ship caused at the Suez Canal last month, according to CNN. An Egyptian court ruled that ...
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Watch 400 ships pile up after one canal blockage freezes global trade
If the Strait of Hormuz closes, the world would be thrown onto a handful of fragile backup routes that are already under ...
Will Pearson can’t remember exactly what he was doing when he got a call from his manufacturing agent in Taiwan. It was March ...
SUEZ, Egypt - A giant container ship remained stuck sideways in Egypt’s Suez Canal for a fifth day Saturday, as authorities made new attempts to free the vessel and reopen a crucial waterway whose ...
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