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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 Suez Canal is a vital sea trading route, depended upon by businesses and economies around the world. The waterway was constructed by the British and the French in the 19th century, officially ...
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 ...
disrupting global shipping lanes by forcing vessels to avoid the nearby Suez Canal and reroute trade around Africa, raising the costs for insurers. Egyptian President Abdel Fattah al-Sisi said in ...
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 ...
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.
The tailwinds from the Suez Canal diversions ... prompted most shipping companies to divert vessels around southern Africa rather than through the Red Sea, according to data and analysts.Singapore ...