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…
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shipping costs
LNG shipping costs hit 8-m high
Liquefied natural gas (LNG) shipping costs have surged to their highest levels in eight months as vessel…
Egypt, Tunisia explore closer economic, trade cooperation
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with Tunisian Minister of Trade and Export…
Egypt’s Transport Ministry highlights Ro-Ro’s role in Egypt’s logistics growth
Egypt’s Ministry of Transport has renewed its call for local industries, exporters, importers, and businessmen to…
Vietnam’s steel production to reach 30m tons in ’24
Vietnam's finished steel production is expected to reach 30 million tons in 2024, a seven per cent rise from 2023.
World shipping costs surge amid market uncertainty
The Drewry World Container Index reported a spot rate of $9,387 on July 11, more than double February's rate but…
Global trade may reach $32t in ’24 – UNCTAD report
UNCTAD forecasts global trade to reach almost $32 trillion in 2024, but it is not expected to exceed the 2022…
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…