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 ...

Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.

Salvage teams have finally freed a colossal container ship that has been stuck sideways in the Suez Canal for nearly a week. Leth Agencies said Monday that the vessel had been refloated in the canal, ...

The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.

SUEZ, Egypt — A maritime traffic jam grew to more than 200 vessels outside the Suez Canal and others began changing course as dredgers worked frantically to free a giant container ship that has been ...

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 ...