The time it takes for fresh produce from Kenya to be exported to Europe by sea has gone up significantly due to the logistical challenges shippers face following the Suez Canal's blockage.
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Hosted on MSNSuez Canal Expects ‘Further Stability' in Coming WeeksSuez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
Military reserve forces in the Middle East make up an important component of any army within the region. These units provide additional manpower and capabilities to regular military forces, should the ...
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red Sea. Houthi attacks on shipping likely to resume due to fragile Gaza ...
A return to normality for the Suez Canal would be welcome news for Egypt ... “We will study it and we will talk to shipowners.” Traffic through the Egyptian waterway, one of the world ...
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s ...
(Bloomberg) -- Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue ... study it and we will talk to shipowners.” ...
Fearnleys analysts Fredrik Dybwad and Nils Thommesen described the agreement as “a first step” towards reopening the Red Sea and bumping up Suez Canal traffic. They said the Houthis ...
He said freight rates are expected to come down once the shorter route via the Red Sea and Suez Canal picks up again. Dubai's DP World, which manages ports in countries from Britain to Peru as ...
Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the ...
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