Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s minister ...
As we approach the 17th of November, the day appointed for the final opening of the Canal ... Egypt, and that personal liberty will henceforth protect every commercial enterprise. The Isthmus of ...
The planned port could be a response to a long-touted Israeli plan to decouple the international maritime movement from the ...
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...
The head of Egypt’s Suez Canal Authority said Thursday that conditions are favorable for the resumption of navigation in the Red Sea. "The current situation in the Red Sea sees positive ...
El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES ... During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion.
The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.
ISMAILIA, Egypt--The Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping. Shoei Kisen apologized ...
Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year. In 2024, Egypt's Suez Canal ...
The famous Suez Canal often receives worldwide ... seamlessly across varying elevations. The Canal du Midi includes 91 locks, a series of tunnels, and the world’s first canal bridge, the Pont ...