suez canal

Saturday, May 21, 2022

Suez Canal Revenues Set To Reach $7 Billion By End Of Fiscal Year 

CAIRO May 21 (Reuters) – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance

May 21, 2022
Total Views: 719

Tuesday, May 17, 2022
tanker in suez canal

Flotilla of Tankers Takes Russian Oil Through Suez Canal to Asia

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports from its western ports to Asian countries, predominantly India and China, rebounded to

May 17, 2022
Total Views: 18468

Wednesday, May 11, 2022

ICS and Suez Canal Authority Formalize Agreement for Greater Cooperation

The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of

May 11, 2022
Total Views: 1571

Sunday, May 1, 2022

Suez Canal Records Highest Monthly Revenue In April

ISMAILIYA, Egypt, May 1 (Reuters) – Egypt’s Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in

May 1, 2022
Total Views: 1682

Monday, March 28, 2022

Maersk to Explore Large-Scale Green Fuel Production in Egypt

A.P. Moller-Maersk will partner with authorities in Egypt to explore the large-scale production of green fuel for ships in the country. Maersk announced a

March 28, 2022
Total Views: 2269

Tuesday, March 22, 2022

Suez Canal Increases Toll Surcharges for Ships

The Suez Canal Authority has announced a series of temporary increases to surcharges levied on ships using the waterway. The changes apply to just about all

March 22, 2022
Total Views: 9970

Tuesday, February 15, 2022

Work Underway to Widen Suez Canal

By Patrick Werr NORTH OF SUEZ, Egypt, Feb 15 (Reuters) – Egypt is working to improve the Suez Canal by making an additional 10 kilometers accessible to

February 15, 2022
Total Views: 5021

Monday, January 17, 2022
Maritime News

Suez Canal Has Record Year Despite Ever Given Saga

By Verity Ratcliffe (Bloomberg) More ships traversed the Suez Canal in 2021 than ever before despite its temporary blocking by a 400-meter-long vessel and the

January 17, 2022
Total Views: 1498

Sunday, January 16, 2022
Munkebo Maersk Suez

Suez Canal Expansion Plans Accelerated For Completion By July 2023

DUBAI, Jan 16 (Reuters) – A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman

January 16, 2022
Total Views: 4039

Tuesday, January 4, 2022

Suez Canal Reports Record Annual Revenue in 2021

The Suez Canal Authority reported record annual revenue of $6.3 billion in 2021 despite headwinds from COVID-19 and the grounding of the Ever Given, which shut

January 4, 2022
Total Views: 851

Monday, January 3, 2022

Suez Canal Toll Increase to Boost Revenue By $400 Million, Chairman Says

The chairman of the Suez Canal Authority (SCA) Osama Rabieh told Arabiya TV on Monday that the 6% increase in canal fees starting in February will boost

January 3, 2022
Total Views: 2452

Sunday, November 28, 2021

Saudi Prince Announces Oxagon, The World’s Largest Floating Industrial Complex

By Vivian Nereim (Bloomberg) –Saudi Arabia’s high-tech “Neom” mega-project plans to expand a tiny local port into a trade and manufacturing

November 28, 2021
Total Views: 8559

Thursday, November 4, 2021

Suez Canal to Hike Ship Tolls by 6% Starting in 2022

The Suez Canal Authority plans to raise tolls by 6% on ships transiting the waterway next year, the canal authority’s chairman Osama Rabea said on

November 4, 2021
Total Views: 2700

Thursday, September 9, 2021
coral crystal suez canal

Déjà Vu: Bulk Carrier Suffers ‘Temporary Delinquency’ Incident In Suez Canal

The Suez Canal Authority (SCA) is investigating an incident involving a bulk carrier in the Suez Canal, which was quickly handled by SCA tugs and navigation

September 9, 2021
Total Views: 3733

hospital ship Global Mercy in Suez Canal
Maritime News

Suez Canal Gives Free Passage To World’s Newest Hospital Ship

The Suez Canal has donated free passage to the world’s newest hospital ship Mercy Ships’ newbuild Global Mercy. The ship is currently on the

September 9, 2021
Total Views: 5091

Tuesday, August 31, 2021

EVER ACE, The World’s Largest Containership, Transits The Suez Canal

Ever Ace, the world’s largest containership, transited the Suez Canal for the first time August 28, 2021. Ever Ace, built in 2021 for the Taiwanese

August 31, 2021
Total Views: 7099

Monday, August 16, 2021
svitzer tugs assisting ever given

Two Additional Svitzer Tugs to Join Suez Canal Fleet

Global towage provider Svitzer has extended its contract with the Suez Canal Authority to include two additional tugs, providing the waterway with additional

August 16, 2021
Total Views: 2696

Saturday, July 24, 2021
United Shipbuilding Corporation CEO Alexei Rakhmanov.
Maritime News

Putin Reviews New Short Sea Shipping Plans To Bypass Suez Canal

This week Russian President Vladimir Putin met with the country’s shipbuilding executives to review plans to prioritize short sea shipping with the hope

July 24, 2021
Total Views: 5217

Friday, July 23, 2021
tanker in suez canal

Top Secret Israeli Oil Pipeline To Bypass Suez Canal

By Amy Teibel (Bloomberg) Israel’s new government will reexamine a deal to ship oil from the United Arab Emirates via a top-secret Israeli pipeline

July 23, 2021
Total Views: 5240

Sunday, July 11, 2021
NASA Space photo of Suez Canal

Suez Canal Revenue Hits Record $5.84 Billion

by Yousry Mohamed (Reuters) How much does the Suez Canal make each year? Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21

July 11, 2021
Total Views: 4612