Wednesday, May 6, 2020
Maritime News

Suez Canal Set to Lose $10 Million from Ships Taking the Long Route

By Gavin van Marle (The Loadstar) The Suez Canal Authority (SCA) is set to lose over $10m in revenue from container lines routing vessels via the Cape of Good Hope rather than...

May 6, 2020
Total Views: 42

Tuesday, January 14, 2020
tanker in suez canal
Maritime News

Suez Canal OKs HFO and Bans Use of Open-Loop Scrubbers

By Mike Wackett (The Loadstar) – Despite the recent introduction of low-sulphur regulations, the Suez Canal Authority (SCA) will continue to allow ships transiting the waterway to burn heavy fuel...

January 14, 2020
Total Views: 33

Monday, July 23, 2018

AIS Animation Shows Suez Canal Mayhem After Ship Grounds

On 15 July 2018, container ship Aeneas ran aground in the Suez Canal during a southbound transit. As a result of the grounding, the Panamax Alexander, Sakizaya Kalon and Osios...

July 23, 2018
Total Views: 20

Wednesday, January 4, 2017

Giant MSC Containership Grounds in Suez Canal

A giant containership ran aground in the Suez Canal on Wednesday and was blocking traffic before tugs eventually freed the vessel. The vessel has been identified as the 13,050 TEU...

January 4, 2017
Total Views: 9

Tuesday, October 25, 2016
Maritime News

Egypt Seeks New Suez Canal Toll Deal with Global Shipping Lines

By Nikolaj Skydsgaard COPENHAGEN, Oct 25 (Reuters) – Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering...

October 25, 2016
Total Views: 8

Wednesday, July 6, 2016
Maritime News

Maersk Line Ship Runs Aground in Suez Canal

A Maersk Line containership ran aground in the Suez Canal Tuesday afternoon causing several hours of traffic delays before being refloated.  The shipping agency GAC reports that the vessel was number 13 in a...

July 6, 2016
Total Views: 21

Thursday, May 12, 2016

Another Ship Grounded in Suez Canal

A crude oil tanker spent a short time aground in the Suez Canal on Wednesday, marking the third such incident this year for the waterway. Shipping agency GAC confirmed that...

May 12, 2016
Total Views: 6

Monday, May 2, 2016
Maritime News

Suez Canal Reopened After Giant MSC Fabiola is Refloated

The 366-meter containership MSC Fabiola was refloated in the Suez Canal this weekend after running hard aground last Thursday. According to the shipping agency GAC, the 12,500 TEU containership was refloated just...

May 2, 2016
Total Views: 12

Friday, April 29, 2016

Giant MSC Boxship Grounds, Blocks Ships in Suez Canal

Update (April 30): The MSC Fabiola was refloated early Saturday morning with assistance of tugs and was able to resume its southbound transit. More details at bottom.  April 29: A...

April 29, 2016
Total Views: 10

Tuesday, April 12, 2016
Maritime News

Suez Cuts Transit Fees for US-Asia Ships to Combat Allure of Cape of Good Hope

By Mike Wackett (The Loadstar) – The Suez Canal Authority (SCA) has reacted to the increasing number of backhaul voyages being routed to Asia via the Cape of Good Hope...

April 12, 2016
Total Views: 4

Thursday, March 10, 2016
Maritime News

Suez Canal Fires Back: Vast Majority of Ships Not Taking Cape of Good Hope Route

The Suez Canal Authority has fired back against news reports claiming that vessels are now changing their routes to around the southern tip of Africa due to lower oil prices...

March 10, 2016
Total Views: 12

Wednesday, March 9, 2016
Maritime News

Capesize Bulk Carrier Refloated in Suez Canal

A grounded capesize bulk carrier has been refloated more than 12 days after running aground in the Suez Canal. According to media reports and AIS, the New Katerina was refloated...

March 9, 2016
Total Views: 1

Friday, February 26, 2016
Maritime News

Capesize Bulk Carrier Aground in Suez Canal

The Sues Canal Authority has confirmed that a capesize bulk carrier has run aground and remains stuck in the Suez Canal, according to shipping agency GAC. The company reports that...

February 26, 2016
Total Views: 10

Tuesday, February 23, 2016

Canals Feel Ripples of Container Shipping Crisis as Vessels Go the Long Way Round

By Gavin van Marle (The Loadstar) – The Panama and Suez canals could be the next institutions to be affected by the ongoing crisis in the container shipping industry, according...

February 23, 2016
Total Views: 37

Wednesday, August 12, 2015
new suez canal

Drewry: New Suez Canal Targets ‘Ambitious’

  By Drewry Shipping Consultants The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer...

August 12, 2015
Total Views: 0

Thursday, August 6, 2015

Egypt Inaugurates $8 Billion ‘New Suez Canal’

  By Ahmed Feteha and Tarek El-Tablawy (Bloomberg) — Egypt unveiled an $8.5 billion expansion to the Suez Canal on Thursday, the first of a series of mega projects the...

August 6, 2015
Total Views: 0

Wednesday, August 5, 2015

Six Quick Facts About the New Suez Canal

  CAIRO, Aug 5 (Reuters) – Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a larger undertaking to expand...

August 5, 2015
Total Views: 88

Tuesday, August 4, 2015
new suez canal
Maritime News

Did the World Actually Need a New Suez Canal?

  By Ahmed Feteha (Bloomberg) — The Suez Canal took 10 years to build and cost thousands of workers their lives. When planners suggested three years for a second one,...

August 4, 2015
Total Views: 8

Wednesday, July 29, 2015
new suez canal

Egypt Completes Work on New Suez Canal

  By Eric Knecht ISMAILIA, Egypt, July 29 (Reuters) – Egypt has finished building its New Suez Canal, its overseer said on Wednesday, a project President Abdel Fattah al-Sisi sees...

July 29, 2015
Total Views: 1

Tuesday, July 28, 2015

Egypt to Increase Access to East Port Said With New Channel

  CAIRO, July 28 (Reuters) – Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a...

July 28, 2015
Total Views: 3