Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

The planned port could be a response to a long-touted Israeli plan to decouple the international maritime movement from the ...

The Suez Canal expansion, which will extend the waterway’s two-way section by 10km, is expected to be operational in the first quarter of 2025, the authority’s chairman has said. Egypt announced on ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...

The Gulf of Suez wind farm represents a critical step toward achieving Egypt’s target of establishing 10 GW of renewable energy capacity by 2028 under its NWFE initiative. The total project cost ...

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...

As United States President Donald Trump was sworn in for his second term on Monday, he repeated his wishes to acquire the Panama Canal and rename the Gulf of ... who built the Suez Canal in ...

CAIRO (Reuters) - Suez Canal Authority ... in revenues from the Suez Canal in 2024. Last week, Maersk said it would continue to divert vessels away from the Gulf of Aden and Red Sea and towards ...

Egyptian President Abdel Fattah al-Sisi said in December the disruption had cost Egypt around $7 billion in revenues from the Suez Canal in 2024. Last week, Maersk said it would continue to divert ...