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Suez Canal, Egypt and Red Sea
Suez Canal revenue down 60%, but Red Sea outlook may be changing
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The post Suez Canal revenue down 60%, but Red Sea outlook may be changing appeared first on FreightWaves.
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday.
Regional challenges cost Egypt around $7 billion of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday. Egypt lost more than 60% of the canal's revenues in 2024 compared with 2023,
Israel strikes Houthi targets in Yemen, airport hit
Israel prepares for a new battlefront against the Houthis in Yemen
The Houthis have ramped up their attacks on Israel, while Israeli leader Benjamin Netanyahu says the fight against the militant group “is only getting started.”
Israel strikes Houthi rebels in Yemen’s capital while the WHO chief says he was meters away
A new round of Israeli airstrikes in Yemen on Thursday targeted the Houthi rebel-held capital and multiple ports, while the World Health Organization’s director-general said the bombardment occurred nearby as he prepared to board a flight in Sanaa,
Israel strikes Houthi targets in Yemen, airport hit as WHO chief boards flight
The head of the World Health Organization said he was about to board a flight in the Yemeni capital when the airport came under bombardment.
2d
on MSN
Houthi attacks in Red Sea develop into ‘new normal’
The Houthis attacks on vessels transiting the waterways off Yemen’s coast have become a “new normal” in the region, ...
Anadolu Ajansi
1d
US aircraft carrier forced to retreat in Red Sea after attack, Yemen’s Houthis say
The local 26 September website, an outlet linked to the Houthi-run Defense Ministry, said the US aircraft carrier USS Harry S ...
4d
U.S. Navy crew ejects safely after fighter jet shot down over Red Sea by likely "friendly fire," officials say
An F/A-18 fighter jet was "mistakenly fired on" by the guided missile cruiser USS Gettysburg, authorities said.
4d
on MSN
Two US Navy pilots eject safely over Red Sea after fighter jet shot down in apparent friendly fire incident
Two US Navy pilots ejected safely after their fighter jet was shot down over the Red Sea on Saturday in an apparent friendly ...
3d
on MSN
Second Navy jet nearly brought down by friendly fire in Red Sea
The US nearly shot down a second Navy fighter jet over the Red Sea on Saturday — missing it by just 100 feet — in a friendly ...
5d
on MSN
U.S. Fighter Jet Shot Down Over Red Sea by Apparent Friendly Fire
A U.S. Navy ship mistakenly shot down an American fighter jet over the Red Sea early Sunday, the U.S. military said, ...
5d
U.S. ship shoots down jet in friendly fire over Red Sea, military says
Two service members ejected above the Red Sea after a warship fired on their aircraft, according to U.S. Central Command.
5d
on MSN
Two US Navy pilots shot down over Red Sea in apparent 'friendly fire' incident
Two U.S. Navy pilots were shot down Sunday over the Red Sea by apparent "friendly fire", the most serious incident to ...
4d
Two US Navy pilots shot down over Red Sea in apparent ‘friendly fire’ incident, US military says
Two US Navy pilots were shot down Sunday over the Red Sea in an apparent “friendly fire” incident, the US military said, ...
5d
2 US pilots shot down over Red Sea in 'friendly fire' incident: military
Two US Navy pilots were shot down over the Red Sea early Sunday in "an apparent case of friendly fire," the US military ...
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