suez canal

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

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

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

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

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

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

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

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

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

By Nadeen Ebrahim ISMAILIA, Egypt, July 7 (Reuters) – The Ever Given, one of the world’s largest container ships, resumed its journey and left the

By Yousry Mohamed (Reuters) The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement

By Abdel Latif Wahba (Bloomberg) Egypt expects to finalize an agreement next week for compensation over the giant ship that blocked the Suez Canal in March,

ISMAILIA, June 23 (Reuters) – The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached agreement in principle in a

A 366-meter-long containership grounded in the Suez Canal on Friday, but was refloated and ship traffic was able to continue through the waterway. The ship is

By Aidan Lewis and Nadeen Ebrahim ISMAILIA, Egypt, May 27 (Reuters) – The container ship that got stuck in the Suez Canal in March was struggling to

CAIRO, May 15 (Reuters) – The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern

AIRO, May 11 (Reuters) – The Suez Canal Authority (SCA) plans to expand and deepen the southern stretch of the waterway where a container ship became