Suez Canal

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News

Suez Canal fixed rebates extended

portnews - June 13, 2022

The Suez Canal Authority has announced that it will renew bulk carrier rebates on certain routes due to expire on 30 June.

News

Suez Canal set for busiest year in decades

portnews - June 9, 2022

The Suez Canal, which is the fastest route between Asia and Europe, looks set for its best year in decades measured on the number...

News

Egypt’s Suez Canal expects $3.5bn in revenues in H1

portnews - June 6, 2022

Egypt’s Suez Canal is expecting to achieve $3.5 billion in revenues during the first half of 2022, the chairman of the authority, Osama Rabie,...

News

Crossing of Energean Power FPSO marks ‘first-of-its-kind in history of Suez Canal’

portnews - June 3, 2022

Energean’s new FPSO, built for the Karish gas field located offshore Israel, has crossed the Suez Canal while on its way from a shipyard...

Green

SCZONE signs MOU with H2 Industries to establish a green hydrogen plant in East Port-Said

portnews - June 3, 2022

The General Authority for Suez Canal Economic Zone (SCZONE) signed a memorandum of understanding with H2-Industries Inc. to build a new Waste-to-Hydrogen facility at...

News

International Chamber of Shipping, Suez Canal sign MoU on cooperation

portnews - May 26, 2022

THE international Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have signed a memorandum of understanding on issues impacting shipowners and the...

News

Suez Canal Authority expects 27% spike in annual revenues

portnews - May 25, 2022

Egypt expects Suez Canal revenues to hit $7bn in the 2021-22 financial year, ending on June 30, up 27% from $5.5bn in the last...

News

Egypt Expects Suez Canal Annual Revenues to Hit $7 Billion

portnews - May 23, 2022

Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said...

News

ICS and Suez Canal Authority Formalize Agreement for Greater Cooperation

portnews - May 11, 2022

The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of Shipping (ICS),...

News

Suez Canal Authority to impose new penalty fines

portnews - May 11, 2022

According to the Egyptian Marine Insurance Consultations & Services (EMICS), the Suez Canal Authority announced the imposition of new penalty fine up to $10.000...

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