CAIRO : The Chairperson of the Suez Canal Authority (SCA), Admiral Osama Rabie, has discussed the impact of developments in the Red Sea region with Soren Toft, the CEO of Mediterranean Shipping Company (MSC),
ALEXANDRIA : Suez Canal Authority (SCA) Chairman Osama Rabie announced on Sunday that 47 ships have adjusted their routes to pass through the Suez Canal instead of the Cape of Good Hope since the
EGYPT : Suez Canal Authority Chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by mid-year, as long as the Gaza
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when
EGYPT : Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, hosted a meeting with a delegation from Emaar Libya Holding and representatives from Libyan ports, focusing on enhancing bilateral cooperation in maritime services
The blockage of the Suez Canal in 2021 caused a loss of nearly $89 million to the shipping company Maersk Line, a new study has estimated. The container ship Ever Given ran aground in the Suez
LONDON : In response to a 70% decline in freight traffic through the Suez Canal, the head of the International Maritime Organization (IMO), Arsenio Dominguez, plans to visit Egypt. This decision comes as part
CAIRO : Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway’s capacity. During a trial
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 the Suez Canal until 2025 due
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 Iran-aligned Houthis in the Red Sea.