Formal investigations on how the giant container Ever Given run aground in the Suez canal, turning off the main global waterway for almost a week, starting on Wednesday, a canal…
Traffic in Suez Canal Resumes After Stranded Ship Refloated
Delivery traffic through Egypt’s Suez Canal continued on Monday after a giant container ship that had blocked busy waterways for almost a week in a reflected, said the canal authority.…
By Kibria Ahmad March 29, 2021
Iran and China Sign 25-Year Cooperation Agreement
China and Iran, both subject to US Sanctions signed a 25-year collaboration agreement on Saturday to reinforce their long-standing political and economic relations. “Relations between the two nations have now…
By Kibria Ahmad March 28, 2021
Suez Canal Steps Up Efforts To Remove Blockage, Tankers Diverted Away
The Suez Canal enhanced efforts to free the giant jammed container ship and end the blockage that has sent the shipping rate for fuel tankers that jumped and disrupted the…
By Kibria Ahmad March 26, 2021
Asian Shares Slip, Dollar Rises On Flight To Safety
Asian shares reached a two-week low on Wednesday, oil weakened further and the dollar approached the four-month high as the Coronavirus lockdown in Europe and the potential rise in US…
By Kibria Ahmad March 24, 2021