The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.
Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.
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Suez Canal Expects ‘Further Stability’ in Coming WeeksSuez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea ...
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.
Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...
CAIRO (Reuters) - Suez Canal Authority Chairman Osama Rabie has ... rerouted vessels around southern Africa to avoid potential attacks from Yemen’s Houthis. Egyptian President Abdel Fattah ...
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