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Beijing hopes to make a splash on the trade scene with the construction of the Pinglu Canal, which is set to open in 2026 and ...
The Suez Canal is more than just a waterway ,it's a man-made marvel that reshaped global trade and geopolitics. Built through the harsh Egyptian desert, this 120-mile canal connects the Mediterranean ...
The measure to lower Suez transit fees underscores the canal's crucial role for the Egyptian economy and international trade.
She stressed the group's keenness to return to sailing through the Suez Canal, noting that Maersk monitors the latest developments in the security situation in the Red Sea region ...
Samaa Soliman, deputy chairman of the Foreign, Arab, and African Affairs Committee of the Egyptian Senate, said: "Only Egypt is responsible for securing and protecting the Suez Canal." Egyptian ...
Will lower tariffs lure the world’s shipping giants back to the Suez Canal after the disruptions in the Red Sea caused by the ...
While the Red Sea security crisis hit traffic and revenue for the Suez Canal, it also led to higher shipping costs as vessels ...
The rebates would begin to go into effect Thursday and would last 90 days. Container ships have largely avoided the Suez Canal since late 2023 after Houthi militants in Yemen began attacking ...
Maersk, a global leader in container logistics and maritime transport, has reaffirmed the Suez Canal as its preferred route and is actively assessing recent signs of stability in the Red Sea region, ...
The Suez Canal Authority will apply a 15% discount on transit fees for 90 days to container ships with a net cargo of 130,000 tons or more.
At the start of 2025 the UN authorized a new peacekeeping force of 11,900 troops. In February the U.S. carried out airstrikes against Islamic terrorists in Puntland, which is in northern Somalia.
South Africa edged Nigeria 1-0 in a tense semi-final clash at the Suez Canal Stadium on Thursday to book a place in the final of the TotalEnergies CAF U-20 Africa Cup of Nations Egypt 2025 .