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

Egypt’s Suez Canal recorded its highest ever monthly revenue in July, reaching $704 million, in addition…

Egypt’s Suez Canal amends tolls for laden crude oil tankers

  Egypt’s Suez Canal Authority said on Tuesday it will temporarily amend a surcharge levied on…

Egypt reopens two Mediterranean ports after bad weather 

  Egypt on Tuesday reopened the two Mediterranean ports of Alexandria and Dekheila, which were shut…

Egypt shuts eight ports due to bad weather

  Egypt has closed eight ports owing to bad weather, officials said on Monday. The ports…

Egypt opens naval base close to border with Libya

  Egyptian President Abdel Fattah al-Sisi has inaugurated a large naval base on Saturday 135km from…

Egypt reduces claim on Ever Given ship to $550m

  Egypt offered to cut its compensation claim down to 550 million U.S. dollars against the…

Egypt plans Suez Canal expansion after grounding of vessel

  Egypt has announced plans to widen and deepen the southern part of the Suez Canal…

Egypt offers to cut Ever Given claim to $600m

  Egypt offered to reduce claims by a third for compensation from owners of the container…

Insurer for Suez grounded ship appeals detention by Egypt

  UK Club, an insurer of the Ever Given cargo ship which ran aground in the…

China to build 5 tugboats for Egypt’s Suez Canal

  Egypt’s Suez Canal Authority (SCA) agreed with a Chinese shipbuilder to build five tugboats and…

Suez Canal: Egypt detains Ever Given, demands $916m for blockade

  A ship that blocked the Suez Canal for almost a week in March is being…

Egypt demands $1bn compensation for blockage of Suez Canal

  Egypt said it may seek around $1 billion in compensation after the giant containership Ever…

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