Mar 29, 2021 · The ship that blocked the Suez Canal may be free, but experts warn the supply chain impact could last months Published Mon, Mar 29 2021 4:00 PM EDT Updated Mon, Mar 29 2021 4:28 PM EDT Pippa ...

Sep 19, 2022 · According to a statement released by the Suez Canal Authority, transit fees for tankers passing through the canal will rise by 15%. The increase for dry bulk carriers and tourist ships is 10%.

The Suez Canal, one of the world's most important trading routes, was opened in 1869. By 2021, approximately fifty ships per day travelled through the canal, about 12 per cent of total global trade at the time. For much of its length, however, the canal is not wide enough to allow traffic to travel in both directions at once; convoys of ships must take turns transiting these segments of …

The Panama Canal (Spanish: Canal de Panamá) is an artificial 82 km (51 mi) waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and divides North and South America. The canal cuts across the Isthmus of Panama and is a conduit for maritime trade. One of the largest and most difficult engineering projects ever undertaken, the Panama Canal …

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Nov 24, 2022 · Osler, Hoskin & Harcourt LLP advised Xanadu on the financing. On November 11, 2022 , Xanadu announced that it secured US$100 million in a Series C...

Nov 23, 2022 · Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean

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The Suez Canal is an artificial sea-level waterway in Egypt considered the most important centre of the maritime transport in the Middle East, connecting the Mediterranean Sea and the Red Sea. Opened in November 1869 after 10 years of construction work, it allows ship transport between Europe and Asia without navigation around Africa .

After the 1956 Suez Crisis, Egypt agreed to the stationing of a United Nations Emergency Force (UNEF) in the Sinai to ensure all parties would comply with the 1949 Armistice Agreements. In the following years there were numerous minor border clashes between Israel and its Arab neighbours, particularly Syria. In early November 1966, Syria signed a mutual defence …