CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on ...
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Red Sea terminal debuts as ocean carriers test post-crisis Suez routing
Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in regional stability.
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.
Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...
The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with ...
Egypt could recover much of the Suez Canal revenue losses recorded in 2023 and 2024 within three to five years if it ...
A huge new £3.7 billion canal is set to connect major areas in a game-changing move for Europe. The Seine-Nord Europe Canal is a wide-gauge Canal, and it’s the first new French waterway built in over ...
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