suez canal

CAIRO, May 25 (Reuters) – Tugboats managed to move a large ship that had been stranded for several hours in the Suez Canal on Thursday, and

April 8 (Reuters) – The U.S. Navy said on Saturday a nuclear-powered guided-missile submarine was operating in the Middle East in support of the

CAIRO, March 5 (Reuters) – A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has

By Jonathan Browning (Bloomberg) — The Dutch salvage firm that helped prevent a global freight bottleneck when it dislodged a massive container

Egypt’s Suez Canal Authority (SCA) said on Tuesday it will increase transit surcharge fees for crude oil and petroleum product tankers starting in April.

A LNG carrier has run aground in the Suez Canal, but at this time does not pose a threat to maritime traffic through the waterway, Leth Agencies has confirmed.

Suez Canal tugs have refloated a Marshall Islands-flagged bulk carrier which had run aground in the waterway on Monday. The ship, the M/V Glory, grounded at

CAIRO, Dec 22 (Reuters) – Egypt’s Suez Canal welcomes foreign investment but foreigners would have no control over the

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

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

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

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

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

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

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

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

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

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

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

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