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You Searched For "Suez canal" and got 20 results


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3 mins read

German frigate Hessen sailors were on watch 12 hours a day in the Red Sea with only seconds to react to threats in the 'worst case scenario'

The German warship spent several weeks deployed to volatile Middle Eastern waters to protect commer…

Jake Epstein   


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2 mins read

These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation

The number of vessels passing through the Suez and Panama Canal have dropped by 50%, Apollo's chief…

Aruni Soni   


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2 mins read

Maersk quietly settled its $44 million lawsuit against the companies behind the Ever Given, the ship that blocked the Suez Canal

Danish shipping giant Maersk initially wanted $44 million in damages over delays caused by the Ever…

Mia Jankowicz   


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1 min read

Egypt's Suez Canal records highest ever revenue of $7 billion

"The income is the highest figure ever recorded and is over a fifth higher than the previous fiscal…

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2 mins read

The Ever Given's sister ship is finally free after being stuck in Chesapeake Bay for more than a month

The Ever Forward was refloated on Sunday by two barges and five tugboats after two failed attempts.…

Sam Tabahriti   


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1 min read

More than 200 ships are in a traffic jam outside the Panama Canal, showing we can't get through a year without big boats getting stuck

In the past three years, at least one big boat has gotten stuck in a body of water each year: The E…

Rebecca Cohen   


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1 min read

These photos of the dry-docked Ever Given reveal the damage it suffered after blocking the Suez Canal

The world's most famous container ship stopped in China for repairs - see how 6 days blocking the S…

Hannah Towey   


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1 min read

Another massive cargo ship was stuck in the Suez Canal, but this time it was freed and re-floated in 15 minutes

The ship was "slightly grounded," but quickly freed and re-floated, the Suez Canal Authority said. …

Grace Kay   


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2 mins read

The container ship that struck the Baltimore bridge is almost 1,000 feet long — here's why they keep getting bigger

The world's largest shipping vessels more than doubled in size between 2006 and 2020. Experts say t…

Pete Syme   


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2 mins read

The marine insurance industry is bracing for huge claims from the Baltimore bridge disaster

An insurance industry executive compared the disaster to a 2012 cruise ship capsize, which led to t…

Huileng Tan   


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2 mins read

The ship that crashed into the Baltimore bridge is a 'monstrous' size, says veteran ship captain. But that's standard now.

Cargo shipping has been getting safer, but ships are getting so big that any mishap could be catast…

Huileng Tan   


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1 min read

A sanctioned steel mogul's $100 million superyacht is heading towards the Suez Canal but will likely travel to Turkey, report says

Alexander Abramov's luxury vessel could be heading to Turkey, where other yachts owned by sanctione…

Kate Duffy   


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1 min read

The epic traffic jam of 400 ships caused by the Ever Given blockage of the Suez Canal is cleared, Egyptian authorities say

The 61 remaining ships of the 422 that were left stranded by the Ever Given are expected to pass th…

Joshua Zitser   


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2 mins read

One person reportedly died while helping free the Ever Given ship, the Suez Canal Authority says

In a series of Facebook posts, the Suez Canal Authority revealed that one person reportedly died du…

Sophia Ankel   


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8 mins read

The great YouTube exodus is coming leaving AI junk and MrBeast to reign supreme

YouTubers have been leaving their platforms behind for some time, but 2024 may be the year of a mas…

Lindsay Dodgson   


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1 min read

Zahra Tayeb   


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2 mins read

Ever Given insurers say Egypt's $600 million claim is still too much, as authorities continue to impound the ship

Egypt lowered its demand from $916 million to around $600 million as a legal standoff over the ship…

Mia Jankowicz   


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2 mins read

Egypt offered to drop $300 million of its $916 million lawsuit over the Ever Given, which is still impounded 30 miles from where it got stuck

The Suez Canal Authority chief said Friday that Egypt will now seek around $600 million in compensa…

Mia Jankowicz