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Suez Canal

Maersk to invest $500 million in Suez Canal

Maersk and Suez Canal Authority (SCA) have agreed for $500 million deal for the development of the Suez Canal Container Terminal (SCCT) in East...

Admiral Osama Rabie witnesses the signing of a bilateral agreement with A.P. Moller – Maersk during his foreign tour to the Netherlands and Denmark

Adm. Osama Rabie, Chairman of the Suez Canal Authority, started his foreign tour by meeting with Mr. Keith Svendsen, CEO of APM Terminals and...

Shipping giant Maersk to invest $500 million in Suez Canal

The Suez Canal is getting a major investment in one of its ports. The Suez Canal Authority announced yesterday that the Danish shipping company Maersk...

New Record for Daily Transits of the Suez Canal

The Suez Canal set a new record for the highest daily transits of the canal in its history this month. The record comes as...

Egypt’s Suez Canal records all-time highest daily traffic rate on Saturday

A record of 89 ships carrying a total net tonnage of 5.2 million tons passed through Egypt’s Suez Canal in both directions on Saturday,...

Egypt’s Suez Canal records highest ever monthly revenue of $704 mln in July

Egypt’s Suez Canal recorded its highest ever monthly revenue in July, reaching $704 million, in addition to the highest monthly transit and highest net...

Suez Canal setting new records, says Egypt in response to claims that maritime traffic is falling

Claims that maritime traffic in the Suez Canal has fallen in the wake of Russia’s invasion of Ukraine have been rejected by the Egyptian...

New JV to establish LNG bunkering hub in Suez Canal by 2025

Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping has joined forces with Egyptian Natural Gas Holding Company (EGAS) and Leth Suez...

Egypt Proceeding with Plans for LNG Bunkering Operation at Suez Canal

Egypt’s state-owned energy company EGAS (Egyptian Natural Gas Holding Company) reports that plans are moving forward for the development of an LNG bunkering hub...

Egypt reclaims Suez Canal mudflat for industry hub

Egypt is building a vast industrial zone on this reclaimed mudflat, on the Mediterranean just east of the Suez Canal. It’s one of four under...
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