Latest in Tag: suez canal Highlight
Latest in Tag: suez canal
Egypt’s Planning Ministry unveils Suez Canal development strategy for FY 2021/22
Plan aims to increase Suez Canal revenues by 5.6% to EGP 93.9bn, says Hala El-Said
Egypt agrees $540m compensation for Suez Canal obstruction incident
Egypt has signed a preliminary agreement with the owners of the Ever Given ship that blocked the Suez Canal in March, to pay $540m in compensation, Al Arabiya reported citing anonymous sources. According to the agreement, the Suez Canal Authority (SCA) will not file a complaint regarding the issue, and that the SCA will provide …
Egypt keen to maximise Suez Canal potential: SCA Head
Egypt hails long-standing historical relations with Pakistan
Egypt upholds detention of Ever Given in Suez Canal
Japanese owners of ship say SCA at fault for shipâs grounding, disputes detention
ALEXBANK hosts webinar on Suez Canalâs Pivotal Role in Mediterranean, Global Maritime Economy
Bank cooperated with Italian company SRM since 2015 to analyse actual performance of Suez Canal
Egypt develops Suez Canal in line with international trade movement: Al-Sisi
Suez Canal Authority has integrated programme to modernise Egyptâs maritime fleet, says Chairperson Osama Rabie
Opinion|The Nile is a red line
I mean here his statement about the Grand Ethiopian Renaissance Dam (GERD) negotiations, when he said, “We do not threaten anyone, but no one can take a drop of water from Egypt. Otherwise, the region will witness a state of instability that no one could imagine. And whoever wants to test us, let him please.”
All waiting ships cross Suez Canal on Saturday after Ever Given incident
About 12% of world trade volume passes through man-made canal
Egypt’s Suez Canal has been significant to world trade for 160 years: Al-Sisi
President thanks countries that offered assistance to Egypt for re-floating trapped ship
After 6-day blockage, traffic in Suez Canal resumes as trapped ship re-floated
âI thank every loyal Egyptian who contributed technically, practically to ending this crisis,” says Egyptian President Al-Sisi
Suez Canal: Egyptâs gift to world, lifeblood of international economy
On its opening, international waterway reduced journey from Arabian Sea to London by 8-10 days
Ever Given ship refloated after blocking Suez Canal for six days
Navigation in Suez Canal will be resumed once Ever Given is fully floated and anchored in the great bitter lakes, hopefully within hours
Egyptâs Al-Sisi orders unloading vessel blocking Suez Canal, if dislodging efforts fail
Daily losses at Suez Canal placed at between $13-14m, says SCA Chairperson Osama Rabie
Germany ready to help end Suez Canal crisis at Egypt request: Ambassador Nunn
About 20% of Germanyâs exports and imports transported through Suez Canal
International Maritime Organization praises Egyptâs efforts in dealing with Suez Canal blockage
IMO says itâs aware of implications of temporary closure of canal, asking for patience from stakeholders across supply chain
321 vessels stuck at Egyptâs Suez Canal, all needed logistics provided: SCA Chairperson
Any premeditation in shipâs stranding ruled out, investigations to take place to clarify truth, says Osama Rabie
Navigation on Egyptâs Suez Canal temporarily suspended: Official
Egyptâs Suez Canal Authority continues efforts to free huge container ship blocking worldâs busiest waterway
Crude oil price rises after Suez Canal blockage
Approximate rate of backlog is 50 vessels/day, any delays leading to re-routings will add 15 days to Middle East to Europe voyage
Egypt-Asia diplomatic meeting discusses strengthening economic relations
The meeting took place in the presence of: Walid Gamal El-Din, Executive Director of the Suez Canal Economic Zone (SCZone)
Suez Canal revenues record $27.2bn in five years
Since start of pandemic, Suez Canalâs revenues have reached $3.3bn
Suez Canal traffic unaffected by pandemic, records 2% revenues increase
Maritime traffic in Suez Canal rose 8.7% in first four months of 2020, says Canalâs Chairman
Al-Sisi inaugurates new Suez Canal tunnel marking Sinai Liberation Day
Work on tunnel has started 4 years ago
Suez Canal’s revenues rise by 1.3%, recording $5.8bn in 2019
SCA decided to raise crossing-fees by 5% on bulk barriers and LPG tankers, starting April
Al-Sisi inaugurates several national projects in Suez Canal
During a speech, Al-Sisi affirmed that the state is currently focusing on the health and education sectors, adding that the state facilitated 300,000 operations under the initiative to end the waiting lists in one year, at a cost of more than EGP 2bn.
Suez Canal’s tunnels to operate soon: SCZone chairperson
Zaki calls on Egyptian expats to closely identify the possible opportunities in the zone
Suez Canal revenues hike by 5.4% to reach $5.9bn in FY2018/19
Mamish revealed in a press conference on Tuesday evening that $25bn was invested in the Suez Canal Economic Zone (SCZone), across 192 projects that have been carried out.
Suez Canalâs transfers to Egyptâs public budget reached its highest level ever in FY 2018/19
Canal’s revenues increase by 40.4% in current FY recording EGP 104.2bn
Suez Canal revenues hit $506.1m in October
May, August 2018 highest in revenues value, Suez Canal earned monthly profits worth EGP 8.9bn: CAPMAS
Al-Sisi visits Suez Canal tunnels, sites of New Administrative Capital
Announced cost of NAC is $45bn, expected to host 5 million people by 2050
Suez Canal revenues hit $4.8bn in 10 months
10.3% increase in Suez Canal revenues from January to October 2018, says Mamish