The existing canal earns Egypt around $5 billion per year. The new canal, with a two-way traffic of larger ships, is supposed to increase revenues to 15bn by 2023 Three container ships crossed the ...

MSC wants to prove it's the industry's stand-alone powerhouse, offering shippers both Suez Canal and Cape of Good Hope routing options.

Although it is a significantly shorter route from western Russian ports to Asia than the Suez Canal alternative ... of the Cook Islands and is owned by Evergreen Embrace Corp. registered in ...

The latest move underscores how quickly the U.S. is ready to act: Arctic LNG 2 loaded its first suspected cargo less ... seen on ship-tracking tools as at sea, remain unclear. The Pioneer was shown ...

Exactly six months ago, on March 2, the Rubymar, a cargo ship carrying fertilizer ... it reversed course back up to the Suez Canal, trailing an oil slick more than 200 km (124 mi) long that ...

The US upped the ante last week by imposing restrictions on seven LNG carriers linked to Russia, including the Pioneer and Ocean Speedstar Solutions, the India-based manager of the ship. New Energy ...

Israel has an ambitious proposal to construct a 160-mile canal which would connect the Red Sea to the Mediterranean, traversing the Negev Desert and the south end of the Gulf of Aqaba. Such a ...

More from Sourcing Journal Why Fixing Reverse Logistics is Critical for Fashion Circularity Air Cargo Out of Bangladesh ... the Cape of Good Hope or the Suez Canal come February.