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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Giant CMA CGM ship transits Suez Canal, signaling return of megavessels
The Suez Canal on Saturday welcomed the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to…
Egypt fast-tracks recycling plant to turn Suez Canal into ‘green canal’
Egypt’s Suez Canal Authority (SCA) Chairman Vice Admiral Osama Rabie directed on Thursday the swift completion of…
Suez Canal revenues improve but still below normal, PM says
Egypt's Suez Canal revenues have been negatively affected by attacks on shipping in the Red Sea, Prime Minister…
SCZONE signs 2 Japanese deals on green marine fuel
Egypt's General Authority for the Suez Canal Economic Zone (SCZONE) signed on Tuesday two cooperation agreements in…
Maersk raises profit outlook
A.P. Moller-Maersk has raised its full-year profit forecast to between $8 billion and $9.5 billion, up from a…
Suez Canal achieves safety record in ’23
The Suez Canal Authority (SCA) announced that maritime emergency incidents in the canal fell to just 0.06 per cent…
German shipowners press for carbon trading transparency
The German shipowners’ association VDR on Tuesday, called on the Berlin government to enact laws that would…