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

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

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

This announcement came during a meeting between Osama Rabie, chairman of the SCA, and Arsenio Dominguez, secretary-general of the International Maritime Organization (IMO). They discussed the ...

The Suez Canal Authority (SCA) has unveiled new navigational charts following updates made to the southern sector development ...

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

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

Suez Canal Bank implemented key strategic initiatives to expand its operations, focusing on corporate banking, small and ...

An investigation is ongoing to determine how they collided, but the official noted that the area they were in near the Suez Canal is typically very densely packed with ships. The Besiktas-M ...

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 ...

Rabie mentioned that the operational phase of the Suez Canal expansion project in the Small Bitter Lakes would commence in the first quarter of 2025. This will follow the completion of updated ...