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A giant container ship remains stuck across Egypt's Suez Canal after attempts to dislodge it on Saturday's high tide failed, BBC reports. Canal officials said however that some progress had been made, and that they hoped the …
Experts working to free a cargo ship - which has been jammed in the Suez Canal for five days - have managed to budge its stern and get its rudder and propeller to work again, Sky News informs. Some 9,000 tonnes of ballast water were removed from …
The Suez Canal has played a major role in world affairs for many decades now. Ownership of the canal has been an important symbol of sovereignty for Egyptians since it was first nationalised by President Gamal Abdel Nasser in 1956, while the …
The trade of at least $400 million of crude oil as well as liquefied natural gas (LNG), refined fuels and containers full of goods have come to a standstill in one of the world’s key shipping routes, with millions of dollars more at risk …
Strategic consequences of Russia’s economic presence
