February 9, 2026
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Suez Canal Authority discusses Red Sea stability with MSC,return to normal transit

March 18, 2025 International Shipping, Shipping Line, Trending News
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),

SCA Chairman informs 47 ships reroute to Suez Canal since February

February 25, 2025 International Shipping, Global Trade, Logistics, Maritime, Transport, Trending News
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

Suez Canal Chief expects traffic recovery to start by end-March

February 11, 2025 International Shipping, Economy, Finance, Trade, Trending News
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

Suez Canal Authority says stability returning to Red Sea

February 3, 2025 International Shipping, Foreign Ports, Shipping Line, Trade, Trending News
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

Suez Canal Authority and Libyan delegates discuss expanded maritime cooperation

January 30, 2025 International Shipping, Maritime, Trending News
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

2021 Suez Canal blockage resulted in $89 million loss to Maersk Line

January 25, 2025 International Shipping, Trending News
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

UN Maritime Chief to visit Egypt amid significant decline in Suez Canal traffic

January 18, 2025 International Shipping, Maritime
 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

Egypt tests new extension of the Suez Canal

December 31, 2024 International Shipping, Foreign Ports, Maritime, Trade, Trending News
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

Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat

November 2, 2024 Logistics, Shipping Line, Trending News
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

Suez Canal revenue drops as some shippers shun Red Sea

July 19, 2024 International Shipping, Maritime, Trending News
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.
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