Sourcing Journal on MSN3d
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
The office did not provide total figures, or tonnage numbers. Admiral Ossama Rabiee, the chairman and managing director of ...
Disruptions at Ports and the Red Sea Shaped a Year of Crisis Navigation
Skechers noted in July that the supply chain disruptions and shipping delays from the crisis forced the footwear brand to ...
BBC3y
Suez Canal: Owner of cargo ship blocking waterway apologises
Service provider Leth Agencies said a total of 156 vessels waiting in the area on Thursday, and that three behind Ever Given were being assisted and escorted back to Port Suez in the south.
Suez toll revenue drops 60%; canal tests two-way traffic
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
sis7d
SCZone signs contract with Suez Steel Company at investment cost of $120M
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, initialed a contract with ...
Reuters5d
Egypt completes trial run of new Suez Canal channel extension
CAIRO, Dec 28 (Reuters) - Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since ...
Mena FN9d
Suez Canal Economic Zone Secures $64Bn In Green Hydrogen Investments
(MENAFN- Daily News Egypt) The Suez Canal Economic Zone (SCZONE ... a liquid cargo terminal at Sokhna Port, a 1.5 square ...
Russian cargo ship sinks in the Mediterranean, leaving 2 crew missing
The ship sank in the Mediterranean Sea between Spain and Algeria following an explosion in the engine room, officials said.
Zawya6d
SCZone, Suez Steel sign $120mln deal to develop dry bulk handling at Adabiya Port
Adabiya Port, situated at the southern entrance to the Suez Canal, plays a vital role in connecting Asia and Africa. As one of Egypt’s premier ports for handling dry and liquid bulk goods, it ...