suez canal

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

The technical manager of the containership Ever Given that became stuck in the Suez Canal last month said on Wednesday that the vessel was fit for onward

By Yusri Mohamed and Jonathan Saul CAIRO, April 13 (Reuters) – A ship that blocked the Suez Canal for almost a week in March is being held in the

By Nadeen Ebrahim and Patrick Werr ISMAILIA, Egypt, April 6 (Reuters) – The Suez Canal Authority is considering expanding the southern section of the

By Jack Wittels and Salma El Wardany (Bloomberg) — Traffic through Egypt’s Suez Canal was briefly halted on Tuesday, just two weeks after a giant

By Jonathan Saul and Patrick Werr CAIRO, April 1 (Reuters) – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is

By Tarek El-Tablawy (Bloomberg) — Egypt said it may seek around $1 billion in compensation after the giant containership Ever Given blocked the Suez

by John Konrad (gCaptain) Who is responsible for the Ever Given Grounding? And who will pay for the damages? This is a complicated topic considering the

By Fred Pals , Lucia Kassai , and Alex Longley (Bloomberg) Smit, the salvage company battling to dislodge the ship that’s blocking the Suez Canal said a