COPENHAGEN : A.P. Moller-Maersk, opens new tab expects strong demand for shipping goods around the world to continue in the coming months, but sees no return to sailing through
EGYPT : The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by
CAIRO : The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’ transit through
YEMEN : Houthi attacks on international ships in the Red Sea have hit Egypt especially hard. As vessels have begun to avoid the strait between the Arabian Peninsula and northeastern Africa, and
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday,
PANAMA : Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both canals become choke points
EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control
COPENHAGEN : A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez Canal in 2021, forcing shipping lines to delay or
CAIRO : Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions for container
EGYPT : Evergreen’s giant 24,000 TEU containership Ever Acme transited the Suez Canal on Friday, 3 of February, while underway on its maiden voyage from Malaysia to the