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Navigation through was not affected after the One Orpheus container ship lost control Wednesday and crashed into the El-Mansy floating bridge, the Suez Canal Authority (SCA) said early Thursday in ...
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Global trade at risk as Suez Canal transit limits tightenThe Singapore-flagged container ship One Orpheus collided with a floating bridge in the Suez Canal's eastern lane on Wednesday. Traffic in this waterway was unaffected, according to the Suez Canal ...
The giant container ship that was blocking the Suez Canal for nearly a week finally made it through and shipping traffic started up again. The moon and high tide helped workers more than any machine.
An exciting new megaproject in Europe is set to make it a major competitor against the Suez Canal, one that will ... the 15 July Martyrs Bridge, the Fatih Sultan Mehmet Bridge and the Yavuz ...
The Suez Canal attracts 12% to 15% of all global maritime trade, but only 3% of U.S. trade runs through the artificial waterway connecting the Red Sea to the Mediterranean, Vance claimed.
The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...
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 ...
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 ...
The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...
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