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…
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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…
Tokyo to sign grant deal for Suez Canal rescue ship in August – Japanese envoy
Japan will sign a grant agreement in August to fund a Diving Support Vessel for Egypt’s Suez Canal Authority (SCA),…
Tanker freight rates climb amid Israel-Iran war
Charter rates for oil tankers from the Middle East to Asia surged as escalating tensions between Israel and Iran…
Egypt, Denmark explore investment, partnership opportunities
Egypt’s Minister of Public Business Sector, Mohamed Shimi, met with Chargé d'Affaires at the Embassy of Denmark in…
Egypt’ Sisi explores green hydrogen potential with IMO
Egypt's President Abdel Fattah El-Sisi met with International Maritime Organisation (IMO) Secretary-General Arsenio…
French investments in Egypt amount to €7b – minister
Egypt has attracted €7 billion in French investments, distributed across 180 projects in sectors such as…
Japan’s core machinery orders fall more than expected in Jan
Japan's core machinery orders fell more than expected in January on the back of a weak manufacturing sector, data…
Green hydrogen policy inevitable for shipping, aviation to reach zero emissions – report
A lack of policy supporting the production of green hydrogen will not help aviation and shipping have access to…