News

Egypt is intensifying its efforts to return traffic in its Suez Canal back to normal in wake of the hit revenues have taken ...
Iraq is undertaking a monumental $17 billion canal project that could rival one of the world’s most strategic waterways—the ...
Osama Rabie affirmed Sunday that the security situation has become conducive for the gradual return of ships to navigate ...
Experts on Tuesday boarded the massive container ship that blocked Egypt's vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have ...
Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ...
Dutch Foreign Minister Caspar Veldkamp on Friday expressed his country’s support for restoring commercial navigation through ...
The tailwinds from the Suez Canal diversions, industrial action at ports, and a U.S. soft landing reversed early expectations in 2024 and resulted in container shippers enjoying one of their best ...
CAIRO, Dec 6 (Reuters) - A container ship collided with a floating bridge in the eastern lane of the Suez Canal on Wednesday but the passage of ships through the waterway was not interrupted ...
Beijing hopes to make a splash on the trade scene with the construction of the Pinglu Canal, which is set to open in 2026 and ...
The Suez Canal Authority will apply a 15% discount on transit fees for 90 days to container ships with a net cargo of 130,000 tons or more.
While the Red Sea security crisis hit traffic and revenue for the Suez Canal, it also led to higher shipping costs as vessels ...
Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to ...