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Egypt

EU ETS: The amount shipping is called to pay for 2024

Significant financial burdens are now being faced by shipowners operating in European Union ports, as their operational costs are increasing significantly compared to other...

CMA CGM flags tough year ahead as shipping faces overcapacity, falling demand

The container shipping industry is bracing for a challenging year as new vessels boost capacity while demand slows, French group CMA CGM said on...

The pivotal role of Piraeus in the restoration of normality via Suez

As ship transits gradually rebound from the Suez Canal and the first signs of stabilization in the maritime area of the Red Sea become...

President El-Sisi opens new marine stations in SCZONE with MAERSK and other investors

According to Presidential Spokesman Ambassador Mohamed El-Shennawy, the event opened with Quranic recitation and a documentary titled “10 Years of Achievements.” The program included remarks...

Maersk North America Market Update — November 2025

Summary: As we head into November, supply chains are balancing steady Transatlantic space with post–Golden Week volatility in Asia, localized inland constraints, and peak...

Suez Canal Upbeat About Traffic Reboundas CMA CGM Boxships Make Transit

The Suez Canal Authority (SCA) is optimistic that transits are gradually returning to normal after the canal witnessed the passage of three mega ships...

Lukoil’s foreign assets attract rush of buyers

From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH are attracting potential bidders as time runs out to clear deals...

Return to Red Sea not imminent despite Houthis’ pause on attacking commercial vessels

Despite reports that Yemen’s Houthi rebels will stop their attacks on commercial vessels in the Red Sea, shipping analysts think carriers will need more...

VLCC Tanker Market Posts Strong Gains

In the Middle East, the TD23 route of 140,000 mt Middle East Gulf to the Mediterranean (via the Suez Canal) gained about 2 points...

Flashback in maritime history: Suez Canal opens to the world 17 November 1869

()The Suez Canal opened to shipping on 17 November 1869. After ten grueling years of construction and immense global speculation, the Suez Canal officially opened...
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