Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for ...

Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is ...

The tensions in the Red Sea have led several shipping companies to divert their ships from the Suez Canal, where 12 percent of global trade used to cross, to the much-longer Cape of Good Hope.

President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the challenges arising from the situation in the Red Sea and Bab Al-Mandab ...

Yemen’s Houthi movement has threatened ships carrying goods to Israel, effectively disabling trade passing into the Red Sea ... the Cape of Good Hope in South Africa, bypassing the Suez Canal ...

Egypt's revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea tensions ... to the much-longer Cape of Good Hope. El-Sisi and Rabie ...

The Suez Canal expansion, which will extend the waterway’s two-way section by 10km, is expected to be operational in the ...

Mediterranean Shipping Company (MSC) initially said its new standalone service would return to the Red Sea in 2025 by offering both a Suez Canal and a Cape of Good Hope option. The Switzerland ...

global shipping companies have for decades sailed through the Red Sea and the Suez Canal. Now, many shipping companies are diverting their cargo around the Cape of Good Hope at Africa’s southern ...

We decided to pause all containership traffic through the Suez Canal and the Red Sea and to reroute our Ships via the Cape of Good Hope in December 2023.” “The situation in the Suez Canal remains ...