Egypt has completed a major EGP 9 billion (USD 178 million) development project in the southern sector of the Suez Canal, ...

As the authority seeks to bring the Suez Canal back to normal operations, the waterway is currently in expansion mode ... The twin projects were first prompted by the blockage caused by the ...

The Suez Canal Authority (SCA) has unveiled new navigational charts following updates made to the southern sector development project. The charts, which have been approved by the Egyptian Navy’s ...

The Suez Canal's 10 km extension is now operational, enhancing its capacity to accommodate an additional six to eight vessels ...

According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82 km from a previous 72 km. The canal is 193 km long in total. Egypt's Suez ...

Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to ...

With time charter rates for large PCTCs dropping to USD65,000 per day the market is declining faster than anticipated, ...

When Egypt nationalized the Suez Canal Co. in 1956, Britain and France claimed their military response was justified because of the waterway’s strategic importance and the company’s foreign ...

Akef El Maghraby, CEO & managing director of Suez Canal Bank, has highlighted the bank's recent progress and ongoing ...

Both parties agreed to draft a comprehensive framework detailing areas of cooperation, along with financial and technical ...

The planned port could be a response to a long-touted Israeli plan to decouple the international maritime movement from the Suez Canal ...

especially after the Canal’s 40-meter eastward expansion and a depth increase from 66 feet to 72 feet. Suez Canal’s global position The project is a significant step in further cementing the Suez ...