Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…
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IMF delegation praises Suez Canal as key to global supply chains
A delegation from the International Monetary Fund (IMF) visited the Suez Canal on Monday, emphasising its strategic…
GREEN DOCK 3 successfully transits Suez Canal in 24-hour operation
The floating dock GREEN DOCK 3, towed by the tugboat Persistence and guided by four additional Suez Canal Authority…
Maersk to resume Suez Canal transits in early December after strategic deal
A.P. Moller-Maersk will begin sending container vessels through the Suez Canal again in early December under a…
Egypt’s Suez Canal sees return of ultra-large ships
The giant container ship CMA CGM JULES VERNE successfully transited Egypt’s Suez Canal on Saturday, marking the…
Maersk considers full return to Suez Canal operations amid improved Red Sea conditions
Maersk is considering a full-scale resumption of transits through the Suez Canal and Bab el-Mandeb, citing their…
Egypt’s Suez Canal traffic rises in July–October as regional calm returns –…
Navigation activity through Egypt’s Suez Canal improved between July and October 2025, with 4,405 vessels carrying…
Suez Canal traffic unaffected after oil tanker briefly runs aground — authority
Traffic through Egypt’s Suez Canal continued normally in both directions on Tuesday after an oil tanker briefly ran…
Hapag-Lloyd cuts ’25 earnings forecast
Hapag-Lloyd reported a 3.1 per cent drop in first-half net income to €709 million ($829 million) and lowered the…
Egypt’s Transport Min. reviews KCFMT ’23 financials
Egypt’s Minister of Industry and Transport Kamel El-Wazir chaired the ordinary general assembly of Al Kahera for…