The Suez Canal Authority said in a statement that the BW Lesmes, a Singapore-flagged tanker that carries liquefied natural gas, suffered a mechanical malfunction in its propulsion and steering ...

CAIRO (AP) — A tanker transporting crude oil broke down in a single-lane part of Egypt’s Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said. The ...

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $4 billion (€3.5bn) in 2024, down from a historic high of $10.3bn (€9.1bn) in 2023, according ...

In 1956, the Suez Canal became the flashpoint for a global crisis. Egypt’s President Nasser defied Britain and France, ...

During his participation, on behalf of His Excellency President Abdel Fattah El-Sisi, President of the Republic, at the ninth ...

Egypt took in just $428 million last month, compared to $804 million during the same period in 2023, according to Lieutenant General Osama Rabie, chairman of the Suez Canal General Authority. On ...

Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.

CAIRO (AP) — A tanker transporting crude oil broke down in a single-lane part of Egypt’s Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said. The ...