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The Suez Canal blockage may be the most remembered news story of 2021, largely because of the extraordinary way in which it flooded the internet. Business Insider Subscribe Newsletters ...
THE thin hundred-mile ribbon of water connecting the Mediterranean and the Red Sea, now in the limelight as an Italian military road to Ethiopia, has had a confusing history. It was dreamed of for ...
Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries ...
Another ship briefly ran aground in the Suez Canal on Sept. 9, 2021, less than six months after the Ever Given blocked traffic for six days. The Ever Given leaves the Suez Canal to the ...
This has reduced Suez Canal traffic by nearly 50 percent. Egypt normally collects nearly ten billion dollars a year in transit fees, and recently spent a lot of money deepening the canal. This made it ...
Officials said a cargo ship carrying corn that went aground early Monday in the Suez Canal was refloated and traffic was restored, avoiding a scene from 2021 that blocked traffic for six days.
On Monday, BP, the oil company, said it was suspending shipments through the Suez Canal, citing the “deteriorating security situation for shipping.” The companies that transport products like ...
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