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The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
The Suez Canal is growing by up to 10 km in length in its Small Bitter Lakes segment which will enable it to handle six to ...
Suez Canal Authority (SCA) announced on Saturday the successful trial operation of the canal's new dual passageway in the ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ...
Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...
President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the ...
In November 2024, 115 container vessels passed through the Suez Canal, a full 72 percent drop ... U.S. East Coast have a 47 percent increase in transit time and a 33 percent increase to Europe ...