Suez Canal

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News

Suez Canal Reports a Record $7B in Earnings for 2021-22

portnews - July 9, 2022

The Suez Canal Authority (SCA) has reported an all-time revenue record earnings amounting to $7 billion for the 2021-2022 fiscal year following a series...

News

Amendments to surcharges for tiers of containers on weather deck in the Suez Canal

portnews - July 7, 2022

The Suez Canal Authority has issued Circular No. 07/2022 amending new surcharges for tiers of containers on weather deck on normal dues applied 1...

News

Suez Canal transits increased in 2022’s first half-year

portnews - July 6, 2022

The number of transits through the Suez Canal increased in the first six months of 2022 compared to the same period last year, according...

News

Egypt’s Suez Canal Revenue Hits Record High of $7B

portnews - July 5, 2022

Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year,...

News

Second Med Marine tugboat joins Svitzer Suez fleet

portnews - June 30, 2022

Med Marine delivered its second MED-A2885 tug to Svitzer earlier this month to join the company’s Suez Canal fleet. Named SVITZER SUEZ 3, the vessel...

News

The Suez Canal Economic Zone hosts a round table discussion in coordination with the European Bank for Reconstruction and Development

portnews - June 30, 2022

The Suez Canal Economic Zone (SCZONE) hosted a round table discussion in coordination with the European Bank for Reconstruction and Development (EBRD) , the...

Legislation

Ever Given claims could reach $2 billion

portnews - June 21, 2022

Claims related to the Ever Given grounding in the Suez Canal during 2021, could amount to $2 billion, French insurer Scor SE estimates. The insurer...

News

Suez Canal, Panama Canal’s economic zones sign cooperation deal

portnews - June 16, 2022

The Suez Canal Economic Zone (SCZone) in Egypt and the Colon Free Zone (CFZ) in Panama have signed here an agreement for promoting cooperation,...

News

The Suez Canal: History, Facts and Overview

portnews - June 16, 2022

Since the ancient pharaohs’ time, the Isthmus of Suez has been the gateway to trade between the East and West. It’s thought that the...

News

Suez Canal Says LNG, LPG Carrier Rebates Extended to End of 2022

portnews - June 14, 2022

Egypt's Suez Canal has extended rebates on canal tolls for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers from July until the...

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