Red Sea Conflict Hits Trade, Suez Shipping Plummets
Majors in the shipping industry are temporarily stopping Suez transits as they search for other route…writes Arul Louis Sounding an alarm about
Indian investors eye Suez Canal region as PM visits Cairo
Prime Minister Narendra Modi’s maiden visit to Cairo is happening later this week, reports Ateet Sharma Egypt will pitch the development axis
Egyp to hike Suez Canal transit fees in 2023
The authority said on Saturday that rising energy prices, freight rates, and daily charter rates for ships, predicted to continue next year,
Suez Canal Adds $6.3 bn to Egypt in 2021
The revenues of Egypt’s Suez Canal in 2021 reached $6.3 billion, the highest in the waterway’s history…reports Asian Lite News In a
Suez Canal revenue hits record high in 2021
The revenue of Egypt’s Suez Canal reached a record high of $6 billion in 2021, Chairman of the Suez Canal Authority (SCA)
Massive container ship freed from Suez Canal
The high tide on Sunday night helped to free the ship, reports Asian Lite News. A massive container ship which had blocked
Race against time to unblock Suez Canal
Around 10% of world trade flows through the canal, which is particularly crucial for the transport of oil, reports Asian Lite News.