The Latest Breaking News from Suez Canal

A tanker transporting crude oil has broken down in a single-lane part of Egypt's Suez Canal, disrupting traffic in the global waterway.

Egypt's Suez Canal is a vital waterway trade that allows ships a more direct route than the 3,000 mile journey around the tip of Africa - amounting to billions in revenue for global trade

A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway

Xin Hai Tong 23, which flys the Hong Kong flag, was travelling from Saudi Arabia to Egypt

Xin Hai Tong 23 refloated after running aground at an angle across the canal’s southern mouth

Around 30% of the world's shipping container volume passes through the canal and with it 12% of total global trade

Tugboats managed to move a large ship that had been stranded for several hours in the Suez Canal on Thursday, and sources said shipping traffic through one of the world's busiest waterways had returned to normal.

Egypt’s economy is expected to grow 4.2 percent in the current fiscal year ending in June, the cabinet said on Tuesday, much less than previously forecast. Gross domestic product grew by 3.9 percent in October-December, the second quarter of the fiscal year, while the unemployment rate fell to 7.2 percent,…

A cargo vessel ran aground in the Suez Canal on Sunday, but traffic through the global waterway was not impacted, Egyptian authorities said. The Liberia-flagged MSC Istanbul, heading to Portugal from Malaysia, got stuck in a two-lane part of the Suez Canal, said Adm. Ossama Rabei, head of the Suez…

A container ship that broke down in Egypt's Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal Authority said.

The infamous Ever Given and Suez Canal debacle is a distant memory from lockdown but Edinburgh locals spotted a boat jammed in the city's own canal near Kingsknowe.