Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...

Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.

BP (BP) announced Monday that it would pause shipping through the Red Sea. A six-day blockage in the Suez Canal in 2021 highlighted the importance of major shipping lanes. When the Ever Given ...

More than two dozen people were rescued and a more than a dozen remained missing Monday after Egyptian authorities said a tourist boat sank off the Red Sea coast during early morning hours.

DUBAI, United Arab Emirates (AP) — Two U.S. Navy pilots were shot down Sunday over the Red Sea in an apparent “friendly fire” incident, the U.S military said, marking the most serious ...