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Joy as Megaship Refloated, Suez Canal Traffic Resumes

The MV Ever Given was refloated and the Suez Canal reopened Monday, sparking relief almost a week after the huge container ship got stuck during a sandstorm and blocked a major artery for global trade.

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Asian Markets Mixed as Rally Fizzles, Oil Hit by Suez Ship News

Asian markets were mixed Monday as traders struggled to maintain a morning rally following a record-breaking lead from Wall Street, while oil prices dropped on news of progress in shifting a cargo ship blocking the Suez Canal.

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Qatar Human Rights Protests Spread across World Cup Qualifiers

Denmark on Sunday joined Norway and other European national teams in a growing movement protesting against the treatment of migrant workers involved in building venues for the 2022 World Cup in Qatar.

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Russia Offers Egypt Assistance in Freeing Ship Blocking Suez

Russia's ambassador to Egypt on Sunday offered the country "any possible assistance," as efforts continue to free a megaship that has been blocking the Suez Canal for nearly a week. 

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Suez Chief Cites Possible 'Human Error' in Ship Grounding

Egypt's Suez Canal chief has said that "technical or human errors" could be behind the grounding of a huge container ship blocking the vital waterway, causing a backlog of over 300 vessels.

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Beleaguered Syria Suffers Also Due to Suez Canal Closure

Syria has begun rationing the distribution of fuel in the war-torn country amid concerns that shipments could be delayed because Egypt's Suez Canal is being blocked by a giant cargo ship that has run aground, the Oil Ministry said.

The container ship remained stuck sideways in the Suez Canal over the weekend, as authorities prepared to make new attempts to free the vessel and reopen a crucial east-west waterway for global shipping.

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World Bank, IMF Say Sudan Eligible for Debt Relief after U.S. Deal

The United States confirmed on Friday that it has assisted Sudan with more than $1 billion to help clear arrears at the World Bank as it hailed reforms by the civilian-backed government.

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Attempt to Refloat Ship Blocking Suez Canal Fails

An attempt Friday to refloat a giant container ship blocking Egypt's Suez Canal has failed, the vessel's managers said. 

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Russia Says Suez Jam Shows Arctic Route Should be Developed

The Suez Canal jam has highlighted the importance of further developing Russia's Arctic shipping route, which is increasingly accessible due to climate change, a senior Russian diplomat said on Friday.

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Maritime Trade to Slow Down after Ship Blocks Suez Canal

Maritime trade will slow down for days after a giant container ship got stuck sideways in the Suez Canal, causing a bottleneck in one of the world's busiest shipping routes.

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