Suez Canal charging very large crude carriers coming from Arabian Gulf $155k
Egypt’s Suez Canal Authority has set new toll rates for oil tankers as part of a six-month experiment that went…
Browsing Tag
Suez Canal
Suez Canal revenues hit $1.239 bln in Q2016
Revenue from Egypt's Suez Canal recorded $1.239 billion in the first quarter of 2016, up slightly from $1.236…
Suez Canal dollar revenues slide for 3rd consecutive month
Egypt's Suez Canal revenues recorded 3.48 billion Egyptian pounds ($396.4 million) in March, according to official…
Trade minister flies to Russia for building industrial zone in Egypt on June 16
Egyptian Commercial Service Office (ECS) is currently preparing for Trade Minister Tarek Qabil's visit to Russia's…
Suez Canal industrial zone allures 15 Russian companies; says minister Manturov
Russia’s Minister of Industry and Trade Denis Manturov said Friday that at least 15 Russian companies had committed…
China wants ships to use faster Arctic route instead of Suez Canal
China will encourage ships flying its flag to take the Northwest Passage via the Arctic Ocean, a route opened up by…
Germany studies establishing industrial zone around Egypt’s’ Suez Canal
Germany is studying building an industrial zone around Egypt’s Suez Canal axis region, the head of the Egyptian…
Saudi-UAE-Lebanese firms to build giant industrial city in Suez Canal
The ASEC-Capital alliance, which involves Egyptian, Saudi, UAE, and Lebanese firms, has signed Sunday a contract to…
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
Egypt’s Suez Canal is being used by fewer ships than usual as the trade route has become more expensive than the…
Suez Canal revenues decline for 3rd month in row
Egypt's Suez Canal revenues fell for the third consecutive month to record $401.4 million in February, official…
