A Suez Canal tugboat sank on Saturday and one of its crew was missing after…
Tag: Suez Canal
Suez Canal sees its highest daily crossing rate ever
The Suez Canal recorded the highest daily crossing rate in its history as 107 ships…
Suez Canal revenue hits record monthly high of $594m
Egypt’s Suez Canal revenue saw a record high of 18.2 billion Egyptian pounds ($594 million)…
Egypt generates $8bn from Suez Canal in 2022
Egypt earned nearly $8 billion from the Suez Canal in 2022, an increase of 25…
Suez Canal, MACN sign cooperation agreement
The Suez Canal Authority (SCA) signed a Memorandum of Understanding with the Maritime Anti-Corruption Network…
Suez Canal to hike transit tolls in 2023
Tolls for vessels using the Suez Canal are set to rise by 15% next year with…
Oil tanker blocked Suez Canal for more than five hours
The Suez Canal was blocked again for more than five hours as the oil tanker Affinity…
Maersk, Suez Canal sign $500m Port Said development deal
A.P. Moller – Maersk and the Suez Canal Authority (SCA) have signed a $500 million deal…
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…
Suez Canal revenue hits USD7bn
Egypt’s Suez Canal revenue hit a record high of USD7 billion in the financial year to…
World’s largest container ship crosses Suez Canal
On Thursday, the latest and largest container ship in the world, EVER ART crossed the new…
Suez Canal: Ever Given insurance claims could exceed US$2bn
French reinsurance company SCOR has said that Ever Given claims could amount to more than US$2…