Suez Canal shows strong recovery as shipping lines prepare to return – chairman
The Suez Canal Authority (SCA) reported significant growth in traffic and revenues in the first half of fiscal year…
Browsing Tag
Suez Canal
Egypt’s Suez Canal traffic boosted as CMA CGM, Maersk ships resume voyages
Egypt’s Suez Canal saw the passage of the giant container ship CMA CGM JACQUES SAADE for the first time in two…
Egypt approves $4.3m S.Korea grant for green energy infrastructure in Suez Canal
Egypt’s Cabinet on Wednesday approved a draft presidential decree ratifying a $4.3 million grant agreement with…
Egypt’s Suez Canal aims for unprecedented boost in local maritime industry –…
Egypt’s Suez Canal Authority (SCA) is ramping up domestic shipbuilding to meet local maritime demand and expand…
Suez Canal Chairman Osama Rabie first-time entrant on Lloyd’s top 100 list
For the first time, Lloyd’s List has included Suez Canal Authority Chairman Osama Rabie in its annual One Hundred…
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…
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…
URGENT: Egypt’s GDP growth hits 5.3% in Q1
Egypt’s GDP grew 5.3 per cent in the first quarter of the 2025/2026 fiscal year, up from 3.5 per cent in the same…
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…