Suez Canal To Increase Tolls by 10% Effective March 1By Babatunde OguntimehinFebruary 28, 2022 Egypt’s Suez Canal Authority said today it will be increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1. This is…
The Stuck Ship on the Suez Canal, a Major Blow on Global TradeBy Odusanwo IbukunoluwaMarch 26, 2021 The Suez Canal is a 120-mile-long artificial waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa…