Keywords: Suez Canal


Tanger Med strengthens its position on the Asia-Red Sea-Europe shipping route

Tanger Med is strengthening its role in international maritime trade after being added to the updated route of the AE19 service operated by Gemini Cooperation, the shipping alliance between Maersk and Hapag-Lloyd. The revised service connects the Saudi port of Jeddah with several major Asian ports,......

Egypt’s current account deficit more than doubles to $5.1 billion in first quarter

Egypt’s current account deficit widened sharply in the first quarter of the year, more than doubling compared with the same period in 2025, according to data released by the Central Bank of Egypt. The deficit reached $5.1 billion during the January-March quarter, compared with $2.3 billion a year......

Nornickel says higher prices offset rising costs and longer delivery times amid Middle East conflict

Russian mining and metals company Nornickel has reported that rising global metal prices are helping to offset higher logistics costs and longer delivery times caused by disruptions linked to the ongoing conflict in the Middle East. The company said that shipping routes for its base metals exports have......