Tag: Suez Canal

After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought. On a...
During the weekend when Iran signed a 25 years infrastructure and investment agreement with China, Iran's ambassador declared that the new North-South Trade Corridor across the region could become a prime 'alternative' to the strategic Suez Canal waterway. Suez Canal was recently in news as one of the biggest cargo ships 'Ever Given' had got stuck and blocked the canal.