Suez Canal revenue rises as Hormuz crisis reroutes ships
Canal income rose to $505 million in July, data from the state statistics agency showed, the highest monthly level since December 2023.
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Canal income rose to $505 million in July, data from the state statistics agency showed, the highest monthly level since December 2023.
The Suez Canal is beginning to reclaim its position at the heart of global maritime trade, with rising vessel traffic and the return of major shipping services suggesting that th...
Dubbed the "Suez Canal on Rails", the line connects Red Sea ports directly to Mediterranean export terminals. Once fully operational, it is expected to carry up to 13 million tonne...
The Suez Canal Authority reports it hit a new milestone in rebuilding volumes following the disruptions due to Red Sea security concerns. Despite the...
Orient Overseas Container Line (OOCL) joined the growing number of container lines returning to the Suez Canal, sending its first ultra-large vessel t...
[Radio Dalsan] CAIRO -- Egypt's Suez Canal Authority (SCA) has declared the waterway safe, with maritime traffic flowing normally as August revenue rose 56.7 percent year-on-year t...
The 17,200 TEU Bangkok Maersk has completed its first transit through the Suez Canal while sailing from Italy to Singapore. The container ship joined the canal’s northbound convoy,...
[allAfrica] For centuries, Egypt's power has flowed from the Nile and its position between continents. In the twenty-first century, the question is whether geography can become ind...
134-km Pinglu Canal cuts transport distance by over 560 km and is expected to reduce costs by up to 30%.
A key concern of hubs in the region is that as container services move to the shorter Suez route, they'll begin to overlap ships on services still sailing around southern Africa, c...
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