Suez Canal

Red Sea Shipping Traffic Craters as Iran-Backed Houthi Attacks Continue

The Financial Times (FT) reported on Wednesday that container ship traffic through the Red Sea and Suez Canal was down an astonishing 90 percent year-on-year for the first week of January – meaning attacks by the Iran-backed Houthi terrorist of Yemen have almost completely shut down one of the world’s most vital shipping lanes.

A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt.

Houthi Jihadist Red Sea Threat Causes Traffic Jams in African Ports

The effort by shipping companies to reroute traffic from the Red Sea around the Cape of Good Hope, thus avoiding drone and missile attacks by the Iran-backed Houthi terrorists of Yemen, is running into major logistical hurdles because African ports are not ready to accommodate the surge of massive container ships and tankers.

An areal view of Tripoli, Libya Harbour

Ship Filled with Ukrainian Corn Runs Aground in Suez Canal

A container ship carrying over 65,000 metric tons of Ukrainian corn ran aground in the Suez Canal on Monday, evoking nervous recollections of the March 2021 disaster in which a similar ship called MV Ever Given blocked the vital canal for six agonizing days.

‎In pictures, the process of towing the ship GLORY by the tugs of the authority ‎

Egypt Loses $1 Billion from Suez Canal Blockage

Lt. Gen. Oussama Rabie, head of the Suez Canal Authority, said at a press conference on Thursday that the blockage of the Suez Canal by the container ship MV Ever Given imposed a billion dollars in damages on Egypt.

The container ship, the Ever Given, is seen moving at the Suez Canal on March 29, 2021 in

Suez Canal Blockage Enters Day Two, May Last Weeks

The closure of the Suez Canal, one of the world’s busiest maritime shipping lanes, continues into its second day after a cargo ship ran aground and completely blocked passage between the Red and Mediterranean Seas. The Suez Canal Authority announced Thursday it was “temporarily suspending navigation” through the canal as maritime traffic backed up on both ends, Agence France-Presse reported.

This photo released by the Suez Canal Authority on Thursday, March 25, 2021, shows a backh