A large container ship that ran aground in the Suez Canal on Tuesday, possibly hit by a sudden strong wind, is blocking marine traffic in one of the world’s most important waterways and is ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea.

Tug boats working on the Ever Given on Saturday night A huge container ship that has been wedged in the Suez Canal since Tuesday has finally been freed from the shoreline. Peter Berdowski ...