Suez Canal revenues climb 35% to $9.4 bln in FY2022/23
Suez Canal revenues hit a record $9.4 billion, or 35 percent, during 2022–2023, compared to $7 billion during…
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Osama Rabie
Suez Canal records $50.9bln revenues in 10 years
Egypt's Suez Canal recorded the highest revenues in a decade in its history, reaching $50.9 billion in the period…
Egypt denies rumors about selling Suez Canal to foreign party for 99 years
Egypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway to…
Egypt’s SCA inks MoU with American Bureau of Shipping to boost green transformation
Egypt's Suez Canal Authority (SCA) has signed a MoU with the American Bureau of Shipping (ABS) to provide a…
Egypt’s Suez Canal makes record revenues of $7.9bn in 2022
Egypt's Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion last…
IMO to open new office in Egypt to serve Middle East region
The International Maritime Organisation’s (IMO) Secretary General, Kitack Lim has revealed on Thursday the…
Egypt to raise Suez Canal transit fees for ships by 15% next year
Egypt’s Suez Canal Authority (SCA) has announced that it will raise the transit fees by 15 percent for ships…
Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT
Egypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the Suez…
Egypt’s Suez Canal records highest daily traffic rate of 89 ships
Egypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides with 89…
Suez Canal sees record monthly revenue in July
Egypt’s Suez Canal recorded its highest monthly revenues to date in July to $704 million, reaping $629 million in…