Rerouting History: From Suez to the Arctic Once upon a time, if you were mapping global trade, your pen would glide through the Middle East and North Africa. Cairo. Haifa. Dubai. Aden. The Suez Canal ...

The Suez Canal attracts 12% to 15% of all global maritime trade, but only 3% of U.S. trade runs through the artificial waterway connecting the Red Sea to the Mediterranean, Vance claimed.

Map from MarineTraffic of ... MarineTraffic/Newsweek The Suez Canal, which accounts for approximately 10 to 12 percent of global maritime trade, saw a 50 percent decline in trade volume in early ...

The Royal Navy’s flagship, HMS Queen Elizabeth, navigates the strategic waters of the Suez Canal marking a significant passage during her global deployment. This transit highlights the carrier’s ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Recent data indicates the canal’s continued importance for global trade, with half of the European Union’s fuel shipments passing through it during a recent truce. Furthermore, since February, 166 ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

and it will open after new navigational maps are issued. In 2015, Egypt undertook an $8-billion expansion to the waterway, followed by several smaller development projects. The Suez Canal has long ...

Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's Houthis have been ...

The Suez Canal attracts 12% to 15% of all global maritime trade, but only 3% of U.S. trade runs through the artificial waterway connecting the Red Sea to the Mediterranean, Vance claimed. “[Forty] ...