Following the disruption that cost the global economy an estimated $400 million an hour, ocean freight carriers and supply chain executives were breathing a sigh of relief Monday after the Suez Canal ...

The Ever Given container ship has been dislodged and is now floating, after blocking the Suez Canal for almost a week, authorities said Monday. The Ever Given container ship has been dislodged and is ...

The massive cargo ship that got stuck in the Suez Canal last week and threatened to spark a global economic crisis by blocking an essential maritime trade route was finally freed Monday. The drawn-out ...

A large cargo ship that has been grounded in Egypt's Suez Canal since Tuesday is costing $9.6 billion worth of daily marine traffic, according to Bloomberg. The Ever Given container ship, a ...

ISMAILIA, Egypt — Suez Canal authorities have announced the release of a hulking shipping vessel that blocked the crucial east-west waterway for nearly a week earlier this year. The Ever Given is ...

The world today finds itself in the midst of a raging war that has brought the global oil and energy trade close to a standstill, mainly because the Strait of Hormuz, under the control of Iran, stands ...