suez canal

Trade Pulse: Suez Canal revenues surge to LE26.7 Billion in June

Tue, 08 Aug 2023 - 09:00 GMT

These figures underscore the dynamic transformation in Suez Canal revenues throughout this period.

Body of crew member of sunken tugboat after collision in Suez Canal recovered

Sun, 06 Aug 2023 - 10:56 GMT

The dead body was found in the cabin of the sunken tugboat “Fahd” at a depth of 24 meters and was sent to the nearest hospital to hand it over to his relatives, Rabie added, offering his condolences to the worker’s relatives

SCZone to set up a company to manage its investments

Sun, 06 Aug 2023 - 01:41 GMT

SCZone Istithmar will formulate strategic plans to manage SCZone’s current and future investments and set up joint development enterprises with the private sector.

1 crew member dies, 6 rescued as Suez Canal tugboat sinks after collision with tanker

Sat, 05 Aug 2023 - 09:25 GMT

A crew member died and six others were rescued as a Suez Canal tugboat sank in the waterway on Saturday after colliding with a giant tanker, said Suez Canal Authority (SCA) Chairman Osama Rabie in TV remarks.

Tugboat sinks in Suez Canal after colliding with CHINAGAS LEGEND tanker

Sat, 05 Aug 2023 - 06:54 GMT

Tugboat “Fahd” sank after the Hong Kong-flagged CHINAGAS LEGEND tanker collided with it at the 51 km point of the Suez Canal during its transit as part of the South convoy [ from the southern entrance of the canal to the north] on its journey from Singapore to the United States of America.

Egypt’s SCA: 83 ships crossed Suez Canal in both directions on Thursday

Thu, 03 Aug 2023 - 12:59 GMT

The average of daily crossing ships reached 72 vessels over this year, he said, noting that the highest daily crossing rates was recorded last March, with 107 ships.

30 new locomotives added to Suez Canal fleet as part of development plan

Fri, 28 Jul 2023 - 08:53 GMT

Lieutenant General Osama Rabie, head of the Suez Canal Authority, said that adding 30 new locomotives to the Suez Canal fleet is part of a future plan to develop the fleet.

30 new locomotives added to Suez Canal fleet as part of development plan

Fri, 28 Jul 2023 - 08:52 GMT

Lieutenant General Osama Rabie, head of the Suez Canal Authority, said that adding 30 new locomotives to the Suez Canal fleet is part of a future plan to develop the fleet.

Japan Eyes Investments in Egypt’s Suez Canal Economic Zone

Sun, 23 Jul 2023 - 01:35 GMT

A Japanese delegation was received by Walid Youssef, Deputy Chairman of the Economic Zone for the Southern Region, and Ibrahim Mustafa, Deputy Chairman of the Authority for Investment and Promotion.

SCZone reveals significant growth in vessels and goods passing through southern ports

Sun, 16 Jul 2023 - 01:16 GMT

Egypt’s Ain Sokhna and Al Adabiya ports recorded significant activity during the final quarter of FY2022/2023, revealed new data by the Suez Canal Economic Zone (SCZone)

Suez Canal achieves $50 bln in revenues in 10 years

Mon, 03 Jul 2023 - 09:19 GMT

The canal was able to overcome the fluctuations in the global economy after the Corona pandemic and the repercussions of the Russian-Ukrainian war.

$50 billion in revenues from the Suez Canal in 10 years

Mon, 03 Jul 2023 - 09:19 GMT

The canal was able to overcome the fluctuations in the global economy after the Corona pandemic and the repercussions of the Russian-Ukrainian war.

Egypt adds 28 new locomotives to Suez Canal fleet: SCA head

Mon, 03 Jul 2023 - 08:54 GMT

He went on saying that the canal has become an integrated service of maintenance, repair and good management.

Floating Dock ‘Fakhr El Canal’ arrives at Egypt’s Port Said naval arsenal

Sat, 01 Jul 2023 - 12:21 GMT

The new floating dock is the latest addition to the Port Said marine arsenal, which includes three other floating docks used in the maintenance and repair of ships and marine units of the Authority, Rabie added.

Egyptian Suez Canal's annual revenue at all-time high

Thu, 22 Jun 2023 - 01:21 GMT

The ongoing development of the southern part [of the maritime course] will increase the capacity of ship transit through this part, and increase the navigational safety factor by 28 percent, according to Admiral Rabie, noting that the project of expansion is expected to complete in one month and a half.

4,200 job opportunities provided by 4 new projects in Suez Canal Economic Zone

Mon, 12 Jun 2023 - 07:11 GMT

The job opportunities were distributed by 1,200 opportunities provided by the Chinese Shen Feng project for rolling iron in Sokhna.

Normal flow of navigation in Suez Canal after towing oil tanker experiencing technical issue

Sun, 04 Jun 2023 - 10:25 GMT

Its dimensions are 247-meter overall length, 48-meter beam, and a tonnage of 82,000 tons.

Pics: Shipping vessels regularly navigate in Suez Canal after refloating Hong Kong-flagged ship

Thu, 25 May 2023 - 12:54 GMT

The Suez Canal Authority (SCA) announced in a statement that a total of 74 ships crossed the waterway from both directions on Thursday, with a total net tonnage of 4.8 million tons.

Egypt's Suez Canal refloats aground bulk carrier 'Xi Hai Tong 23' in 1h 16 min.

Thu, 25 May 2023 - 11:12 GMT

The incident occurred because of an engine failure during the ship's transit in the waterway.

Suez Canal revenue surges to $904.5 million at end of April 2023

Mon, 08 May 2023 - 04:58 GMT

Net tonnage climbed from 114.6 million tonnes to 133.3 million tonnes over the comparable period.

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