Suez Canal ‣ WorldCargo News

Suez Canal traffic has dropped 66%, Maersk claims

News6 Sep 2024

Since shipping companies rerouted around Africa, Suez Canal traffic has dropped 66%, causing port congestion and supply chain disruptions, M...

Suez Canal reports 23.4 % drop in revenue

News22 Jul 2024

Suez Canal’s annual revenue fell by approximately 23.4% in the fiscal year 2023/2024, driven by the impact of the Red Sea crisis....

Egypt is studying further expansions of the Suez Canal

News5 Mar 2024

These considerations arise amidst a significant decline in revenue, attributed to shipping companies bypassing the Canal due to attacks by H...

Red Sea turmoil continues

News4 Jan 2024

Recent attacks by Iranian-backed Houti rebels on Maersk Line, CMA CGM, Hapag-Lloyd and Mediterranean Shipping Company (MSC)-operated contain...

Red Sea disruption should ease

News27 Dec 2023

The naval protection force assembled by 10 countries to help protect ships in the Red Sea should result in Suez Canal transits returning to ...

Suez transit fees set to rise

News1 Nov 2021

The Suez Canal Authority (SCA) is to raise its transit tolls by 6% from February 2022. Only LNG carriers and cruise ships will be exempt fro...

Cairo pledges changes to Suez Canal

News1 May 2021

The Egyptian government has unveiled a plan to widen the 30 km southern part of the Suez Canal, where the ever given became grounded, by 40m...

EVER GIVEN arrested – dispute over damages claim

News13 Apr 2021

Third party liability insurer calls Suez Canal Authority’s claim for US$916M “largely unsupported”....

EVER GIVEN refloated

News29 Mar 2021

“We pulled it off,” the CEO from Boskalis announces...

EVER GIVEN – another three months of supply chain disruptions

News27 Mar 2021

More vessels being rerouted via Cape of Good Hope; expect chaos in the ports, further container surcharges and even less availability of ECs...

20,000 TEU vessel stuck in the Suez Canal

News24 Mar 2021

The giant Evergreen vessel EVER GIVEN drifted sideways and blocked the Suez Canal....

Post-mortem for the Suez Canal

News1 Mar 2021

Container shipping and the global supply chain drew the world’s attention this month when Evergreen’s 400m-long 20,000 TEU vessel EVER G...

Suez Canal Authority invests in new modelling system

News11 Jun 2020

Project includes numerical and physical modelling systems for the entire canal system....

Egyptian Red Sea port deals inked

News1 Jan 2018

The Egyptian Government’s plan to develop its Red Sea ports and capitalise on the strategic significance of the Suez Canal continues to ma...

Suez transit with Wilhelmsen Ships Service

News27 Aug 2016

Wilhelmsen Ships Service (WSS) has established a dedicated local transit team to help its customers negotiate the Suez Canal and the rebate ...

East Port Said access agreement

News26 Nov 2015

The Suez Canal Authority has agreed to build a side channel to allow vessels to access East Port Said port independently of Suez Canal convo...

Suez Canal traffic has dropped 66%, Maersk claims

Suez Canal reports 23.4 % drop in revenue

Egypt is studying further expansions of the Suez Canal

Red Sea turmoil continues

Red Sea disruption should ease

Suez transit fees set to rise

Cairo pledges changes to Suez Canal

EVER GIVEN arrested – dispute over damages claim

EVER GIVEN refloated

EVER GIVEN – another three months of supply chain disruptions

20,000 TEU vessel stuck in the Suez Canal

Post-mortem for the Suez Canal

Suez Canal Authority invests in new modelling system

Egyptian Red Sea port deals inked

Suez transit with Wilhelmsen Ships Service

East Port Said access agreement

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Red Sea port calls plummet by 85% in 2024

Sounion salvage operation to resume this week

Yilport leverages JBIC support for Mitsui E&S cranes

Clean Maritime Fuels Platform launched

Sihanoukville Autonomous Port exands capacity

Suez Canal traffic has dropped 66%, Maersk claims

Suez Canal reports 23.4 % drop in revenue

Egypt is studying further expansions of the Suez Canal

Newsletter signup

Red Sea port calls plummet by 85% in 2024

Sounion salvage operation to resume this week

Yilport leverages JBIC support for Mitsui E&S cranes

Clean Maritime Fuels Platform launched

Sihanoukville Autonomous Port exands capacity

ABB for MVII

HMM, ONE, and Yang Ming form Premier Alliance

DP World returns to Kalmar for more hybrid strads

Malmedie evolves into system provider

ICTSI’s VCT welcomes new MHCs