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Egypt rubbishes 'Suez Canal sold for $1 trillion' storyEgypt has strongly denied rumours on the sale of the Suez Canal for $1 trillion, asserting the falsehood of such claims after an audio clip on the 'canal sale' started doing the rounds. Rubbishing these More… |
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Suez Canal's revenues up 34.7% for FY2022-23Suez Canal Authority has announced that its revenue for FY2022/2023 surged 34% to hit $9.4 billion from $7 billion. The number of ships that crossed the Suez Canal rose by 17.6% recording 26,000, compared to th More… |
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Tugboat sinks in Suez Canal after colliding with LPG tankerMaritime rescue operations are underway in the Suez Canal after a tugboat sank due to a collision with the LPG tanker China Gas Legend, Chairman of the Suez Canal Authority Osama Rabie said on Saturday, according to Egypt's State Informati More… |
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Suez Canal revenue surges 35% to $9.4 billionSuez Canal revenue surged by 35 percent to $9.4 billion in FY 2022/23, up from $7 billion the previous year, Suez Canal Authority (SCA) Chairman Osama Rabie revealed. During a press conference on Wednesday, Rab More… |
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Top Saudi shipper Bahri mulls new JV with Suez CanalSaudi-based National Shipping Company (Bahri), a global leader in transportation and logistics, said it has signed a non-binding renewable six-month agreement with the Suez Canal Authority, an independent general Eg More… |
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Egypt set to raise Suez Canal transit fees by 15%Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, reported Reuters citing the Canal Authority's Chairman Osama Rabie. Transit fees for bulk and tourist ships will b More… |
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Egypt set to raise Suez Canal transit fees by 15%Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, reported Reuters citing the Canal Authority's Chairman Osama Rabie. Transit fees for bulk and tourist ships will b More… |
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Anchorage shortlists top global firms for $2bn Egypt industrial projectAnchorage Investments, a global player which develops, implements and operates industrial projects in the chemicals and blue hydrogen sectors, has shortlisted four international contractors in the second phase of the EPC (engineering, procurem More… |
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Anchorage shortlists top global firms for $2bn Egypt industrial projectAnchorage Investments, a global player which develops, implements and operates industrial projects in the chemicals and blue hydrogen sectors, has shortlisted four international contractors in the second phase of the EPC (engineering, procurem More… |
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Suez Canal logs record daily traffic rate on SaturdayA record of 89 ships carrying a total net tonnage of 5.2 million tonnes passed through Egypt's Suez Canal in both directions on Saturday (August 6), the highest daily traffic rate in the international waterway's history. A More… |
