Suez Canal Gets Oil Tanker Boost Amid Hormuz Strait Shutdown
A total of 529 tankers transited the Suez Canal in April, 28% more than the year before. Broader traffic picked up too, with 1,182 vessels of all types making the journey — a 14% i...
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A total of 529 tankers transited the Suez Canal in April, 28% more than the year before. Broader traffic picked up too, with 1,182 vessels of all types making the journey — a 14% i...
Revenues from the Suez Canal reached USD 4.67 billion (EGP 230.22 billion) in the 2025/2026 fiscal year, a 23 percent increase since the year before, the Suez Canal Authority (SCA)...
Undoubtedly, the Suez Canal is one of the world’s most important maritime chokepoints. Around 30 percent of total global container trade passes through the Canal, while each year,...
The Suez Canal Authority has posted its first wide-ranging rate increases in the form of revised surcharges for transits in three years. It comes, how...
In the dog days of summer 70 years ago, Gamal Abdel Nasser announced the nationalization of the Suez Canal. The move triggered the invasion of Egypt by a joint force of British, Fr...
Egypt’s new surcharge regime confirms what the Hormuz crisis already established strategic waterways have entered a permanent era of toll extraction, and operators returning to can...
Maersk, one of the world's biggest container shipping groups, said on Thursday it would resume its Middle East-to-U.S. East Coast service through the Suez Canal, as the Danish grou...
Danish shipping giant A.P. Moller Maersk said on Monday it will resume some sailings through the Suez Canal under the joint network with its German peer Hapag-Lloyd, instead of sen...
Maersk said today it was pleased to announce “a structural change to one of the Gemini services, the AE15 service; it will now sail via the trans-Suez route instead of transiting v...
Maersk and Hapag-Lloyd have resumed Suez Canal transit for one container service, signaling a cautious first step back after years of Red Sea disruptions.
China’s landmark Pinglu Canal has entered its final phase of construction and is set to begin trial operations as early as September, with a first shipping route linking the countr...
Maersk and Hapag-Lloyd have jointly agreed to again attempt a return to the Suez Canal and Red Sea transit for one of their shipping routes under the...
The move marks a cautious return after more than two years of diversions around southern Africa.
A shift by a major carrier partnership could signal a wholesale return of global shipping to the Suez Canal. The post A peace deal in the Persian Gulf could signal a return of glob...
Maersk announced this week that its MECL service linking India, the Middle East and the US East Coast will transit the Suez Canal again, following the successful Red Sea passage of...
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