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Tag: Suez Canal

Greek bulk carrier suffers technical failure in Suez Canal

Greek bulk carrier Glory run aground after a sudden technical failure it faced when it was sailing through the Suez Canal, at the 38th...

Hackers could re-create Ever Given grounding in Suez Canal

The Suez Canal’s status as a major crossing point in shipping makes it a prime target for hackers intent on causing chaos similar to...

Suez Canal Authority to apply increased transit tolls next year

The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...

Oil tanker blocked Suez Canal for more than five hours

The Suez Canal again on global media headlines with over five hours remained blocked as the oil tanker Affinity V ran aground while crossing...

Ever Given insurance claims could exceed US$2 billion

French reinsurance company SCOR said that Ever Given claims could amount to more than US$2 billion, while they believe it will take many years...

Egypt signs agreements for green fuels and ammonia production projects

Prime Minister of Egypt, Dr. Mostafa Madbouly, witnessed the signing ceremony for two Memoranda of Understanding which are aiming to establish projects to produce...

SCA boss says Suez Canal expansion will be completed in July next year

The chairman of the Suez Canal Authority (SCA), Osama Rabie, has confirmed that the expansion of the canal is expected to be completed in...

Suez Canal Authority to increase transit tolls by 6%

Suez Canal Authority (SCA) has published new resolutions concerning the fees of the transiting ships through the canal and new marketing strategies that will...

Ever Given blocked Suez Canal traffic but not its record revenues

The 20,388TEU Ever Given blocked the Suez Canal for almost a week in late March, causing a global supply chain chaos, but did not...

Ever Given is sailing to Rotterdam

Ever Given, which blocked the Suez Canal in late March, has begun its journey from the Suez Canal to the Port of Rotterdam after...
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