The number of vessels passing through the Suez and Panama Canal have dropped by 50%, Apollo's chief economist noted. That has boosted freight costs as vessels reroute and take longer journeys. "The ...
CAIRO (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February. Earlier this month ...
ISMAILIA, 8 July (BelTA - Xinhua) - The Ever Given container ship which blocked the Suez Canal for nearly a week in March began its journey out of the canal on Wednesday, said Suez Canal Authority ...