Shipping giant Maersk has halted its operations and sailings in the wake of the US-Israel-Iran latest conflicts. Due to the deteriorating security situation in the Middle East region following ...

March 1 (Reuters) - Denmark's Maersk said on Sunday it will pause sailings through the Bab el-Mandeb Strait and the Suez Canal and reroute ships around the Cape of Good Hope, after U.S. and Israeli ...

Maersk suspends Suez and Strait of Hormuz sailings amid Middle East conflict, rerouting via Cape of Good Hope.

The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.

Despite ceasefire agreements signed in the region in 2025, shipping companies continue to avoid the Red Sea. Security concerns are compounded by economic considerations in an industry grappling with ...

Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...

The Suez Canal Authority expects more global shipping lines to return to the waterway following the signing of a Gaza peace pact. The summit held in Sharm El Sheikh last month “succeeded in promoting ...

Egypt’s Suez Canal Authority said Sunday the global shipping lane has returned to growth, generating $449 million in revenues since the start of 2026, up from $368 million over the same period in 2025 ...

The 1956 Suez Crisis revealed the limits of Britain’s postwar influence after Egypt nationalized the Suez Canal. Military ...