The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world's most important maritime trade chokepoints isn't set to break free just yet. The Ever Given, a 220,000-ton ...

The cost of blocking shipping for almost a week through one of the most crucial waterways on earth apparently comes in at right around $1 billion. And that's just the bill Egypt could soon be trying ...

Images of the massive 400 meter-long container ship Ever Green running aground and blocking the Suez Canal are stunning. And the world is quickly learning how crucial that chokepoint is to global ...

Why the Suez Canal is so important -- and why its blockage could be so damaging Since it was completed in 1869, the Suez Canal has been one of the world's most important bodies of water; a portal ...

CAIRO — The world’s biggest shipping company said Feb. 13 it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by a ...

A stuck container vessel in the Suez Canal, which has blocked the flow of goods through the narrow channel, will add strain to global supply chains already stretched by rebounding economic activity ...

Shipping group Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for ...