Egypt is studying further expansions of the Suez Canal
NewsThese considerations arise amidst a significant decline in revenue, attributed to shipping companies bypassing the Canal due to attacks by H...
Suez Canal Authority to raise tolls
NewsThe Suez Canal Authority (SCA) will raise fees for ships transiting the canal by up to 15% from 15 January 2024....
Suez Canal “not for sale”
NewsWhile reporting a new monthly revenue record for January, the Suez Canal Authority (SCA) has denied press reports that an unnamed private co...
Suez transit with Wilhelmsen Ships Service
NewsWilhelmsen Ships Service (WSS) has established a dedicated local transit team to help its customers negotiate the Suez Canal and the rebate ...
More pressure on Suez
NewsThe Suez Canal is continuing to lose business to the Cape of Good Hope route. The Suez Canal Authority (SCA) lost out to the longer route wh...
Suez slashes rates
NewsIn a bid to hold onto its Asia/East Coast North America container business, some of which was transferred by carriers from the Panama Canal ...
East Port Said access agreement
NewsThe Suez Canal Authority has agreed to build a side channel to allow vessels to access East Port Said port independently of Suez Canal convo...
SCCT “side-channel” dredge starts
NewsHot on the heels of the opening of the new Suez Canal last week comes the announcement from the Suez Canal Authority (SCA) that work on a ne...
New Suez Canal opened
NewsYesterday saw Egypt’s President Abdel Fattah El-Sisi formally open the new 72 km Suez Canal channel....
New Suez Canal funding/feasibility criticised
NewsThe Suez Canal Authority (SCA) has come in for sharp criticism over funding and feasibility issues for its new canal which opens later today...
New barge service for Suez Canal
NewsThe National Company for Multimodal Transport (NMT), a subsidiary of Nile Logistics, Citadel Capital’s platform for investment in the rive...
Logistics hub for Suez?
NewsIn early January Reuters reported that Egypt has invited 14 consortia to bid to prequalify for a massive project to develop the Suez Canal a...
Third container terminal planned for East Port Said
NewsThe Egyptian Transport Ministry has announced that a tender will be issued next year for the construction of a third container terminal at E...
Mixed challenges faced by Middle East operators
NewsRecession in the industrialised world, falling trade volumes and the uncertain global economic outlook are affecting Middle Eastern economie...
Canal dismissed
NewsAhmed Fadil, president of the Suez Canal Authority (SCA), has rubbished an Israeli project to dig a new canal, which would allow ships to pa...