Egypt’s Suez Canal is expecting revenues worth around $7 billion by the end of the current financial year. According to Egypt’s finance minister, Mohamed Maait, tourism…
Browsing: Suez Canal Authority (SCA)
Egypt’s Suez Canal Authority said Tuesday it will increase transit fees to 20%, up from the current 5%. The increase will cover vessels, including oil-laden tankers,…
Chairman of the authority managing the Egyptian waterway said Tuesday, the Suez canal two-way section expansion is underway to increase it by 10 km, from 72…
The Suez Canal Authority said Friday, that the revenues of Egypt from the canal In August amounted to approximately $563 million. This is an increase of…
A ship got briefly stranded in the southern part of the Suez Canal on Thursday, before being freed. The Panamanian-flagged vessel, which was bound for Port…
Egyptian Authorities set to release the giant container ship, the MV Ever Given on Wednesday, over 100 days after the megaship was refloated, having blocked the…
The adjournment should allow for the necessary time to reach a final and amicable solution that satisfies all parties. Suez Canal Authority attorney Khaled Abu Bakr told the court on Sunday that the operator was looking into a new out-of-court offer made.
A court in Egypt has adjourned the case on the container ship which blocked the Suez Canal to allow for more time to negotiate for a…
The head of the Suez Canal Authority Osama Rabie has announced that the Suez Canal Authority engaged in a lawsuit dispute against the container ship Ever…