Suez Canal diversions pile pressure on Egypt's distressed economy
WEBCAIRO, Jan 18 (Reuters) - A sharp downturn in revenue after sea attacks by Yemen's Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt's already...
How did Egypt and Israel’s economies do in a year of Houthi …
WEB1 day ago · How Egypt has done. Egypt had looked to the Suez Canal as a source of revenue it could nurture, investing $8bn to make a large portion of it double-tracked to allow more and bigger ships to move ...
Egypt's Suez Canal revenues down 40% due to Houthi attacks
WEBJan 11, 2024 · Dollar revenues from Egypt's Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen's...
Egypt's Suez Canal blocked by huge container ship - BBC
WEBMar 24, 2021 · A giant container ship the length of four football pitches has become wedged across Egypt's Suez Canal, blocking one of the world's busiest trade routes. Dozens of vessels are stuck,...
Ever Given: Ship that blocked Suez Canal sets sail after deal signed - BBC
WEBJul 7, 2021 · A huge container ship that blocked the Suez Canal in March - disrupting global trade - is finally leaving the waterway after Egypt signed a compensation deal with its owners and insurers.
Plan made to refloat ship blocking Suez Canal using tide | AP News
WEBMar 27, 2021 · Tugboats and a specialized suction dredger worked Friday to dislodge a giant container ship that has been stuck sideways in Egypt’s Suez Canal for the past three days, blocking a crucial waterway for global shipping. (Suez Canal Authority via AP)
Suez Canal reopens after stuck cargo ship is freed | AP News
WEBPeople watch Ever Given, a Panama-flagged cargo ship, that has been stuck sideways and blocked traffic in Egypt’s Suez Canal, move past after it was set free by salvage teams, Monday, March 29, 2021. (AP Photo/Mohamed Elshahed) Read More. 10 of 12 |.
March 29, 2021 Suez Canal ship news | CNN
WEBMar 29, 2021 · The latest: The ship blocking the Suez Canal has been fully dislodged, shipping authority says. Where things stand now: Egypt state TV showed the ship fully floating for the first time in...
Huthi attacks idle Suez Canal, deepen Egypt's economic woes - France 24
WEBJan 10, 2024 · Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis.
Engineers successfully free ship stuck in Egypt's Suez Canal
WEBMar 29, 2021 · The colossal cargo ship that became stuck on the banks of Suez Canal last week, blocking traffic through the crucial waterway, was finally freed by engineers on Monday.