Suez Canal Authority says stability returning to Red Sea
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...
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First non-sanctioned LNG carrier in over 12 months heads north through Red Sea
An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...
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Suez Canal Expects ‘Further Stability’ in Coming Weeks
Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
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Waiting for a plunge in Red Sea freight rates? ‘Hold my container,’ say carriers
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Oil tanker attacked last year crosses Red Sea as Houthi ceasefire holds
President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...
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Forward container freight markets rally on Red Sea woes as spot rates slide
“While spot freight rates on the Asia-Europe routes have been softer of late and also on the Transpacific, positive sentiment ...
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Suez Canal EGP 9 bln southern zone development project completed: SCA head
Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.
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Oil Tanker 'CHRYSALIS' transits Suez Canal for the first time since Red Sea attack
The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea ...
Anadolu Ajansi12d
Egypt’s Suez Canal head says conditions favorable to resume navigation in Red Sea after Gaza deal
Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to rising tensions in Red Sea - Anadolu ...
The Gazette12d
Suez Canal Authority says stability returning to Red Sea
CAIRO (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into ...