Egyptian President Abdel Fattah al-Sisi signed an order on Thursday allowing ships to pass through the New Suez Canal.
The $8.5 billion project involved the dredging of an adjacent waterway that now allows vessels to pass each other through most of the canal, cutting transit times (18 hours to 11 hours for southbound traffic) and theoretically allowing more ships through the canal.
The expansion was opened during a huge inauguration ceremony put on by al-Sisi on Thursday in Ismailia, Egypt. The New Suez Canal is being considered the centerpiece of al-Sisi’s plans to revitalize the country’s economy after years of political turmoil.
SYDNEY/WELLINGTON, April 10 (Reuters) – The U.S. Coast Guard has rejected comments by a Chinese diplomat that its recent boardings of Chinese fishing boats in the Pacific Islands alongside local police are illegal, saying...
By Renee Maltezou ATHENS (Reuters) – Nine Egyptian men who were on board a migrant boat that sank off Greece last year, killing hundreds of people, are to face trial next month,...
By Nandita Bose WASHINGTON, April 5 (Reuters) – President Joe Biden took an aerial tour on Friday of the collapsed Baltimore bridge that is blocking a key East Coast shipping lane, and he pledged...
April 5, 2024
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