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

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 ...

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Suez Canal Authority Chairman Osama Rabie has indicated signs of stability returning to ... Despite announcements by Houthis to reduce attacks, Maersk continues to divert ships away from the Gulf of ...

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 ...

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 ...

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, Jan 31 (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take ...