The Suez Canal Authority (SCA) has unveiled new navigational charts following updates made to the southern sector development project. The charts, which have been approved by the Egyptian Navy’s ...
Over the past decade, Egypt has set ambitious goals for the future of one of the world’s most crucial trade routes and a cornerstone of its not insignificant rentier economy: the Suez Canal. In 2015, ...
The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea in July last year, the Suez Canal Authority (SCA) announced on Monday.
CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically opened the Red Sea to all maritime traffic except for ships directly tied ...
And yet, in... Earlier this week, the Royal Navy’s flagship aircraft carrier HMS Queen Elizabeth sailed through the Suez Canal for the first time, crossing from the Mediterranean into the Red ...
and shipping companies are being forced to change their usual route via the Suez Canal. "Given the large number of ships being rerouted over an extended period of time, the consequences are much ...
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 ...
Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year.