Ships returning to Asia from southern US east coast ports have two canal options from which to choose. In an effort to incentivise owners to select the eastbound route, the Suez Canal offers deep discounts on transit fees.
News ID: 80312 Publish Date : 2018/12/17
It is not yet clear in full detail what happened, and how, in Suez Canal, probably later more details will come up. It was a major accident, which involved 5 ships and blocked the Canal. It seems like not only vessels are to blame for mayhem, but Canal management also. One disabled ship in Canal shouldn’t lead to multiply collisions and general chaos.
News ID: 80128 Publish Date : 2018/07/17
The Suez Canal Authority (SCA) is extending toll discounts for dry bulk vessels until the end of 2018.
News ID: 78048 Publish Date : 2018/01/09
Egypt's Suez Canal revenues rose to $5.3 bln in 2017 from $5 bln in 2016, a statement by the Canal authority said on Thursday.
News ID: 78029 Publish Date : 2018/01/08
Orient Overseas Container Line’s (OOCL) new 21,000+ size containership briefly ran aground in the Suez Canal on October 18, the company confirmed to World Maritime News.
News ID: 76990 Publish Date : 2017/10/25
Suez Canal revenues fell 2.2% month-on-month in September 2017, according to official data. Revenues amounted to $459.8 million in September 2017, versus $470.6 million in August 2017, the data showed.
News ID: 76946 Publish Date : 2017/10/23
Egypt's Suez Canal revenues rose to $447.1 million in July from $427.2 million in June, the government said on Tuesday.
News ID: 75865 Publish Date : 2017/08/24
The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast of America heading to South and South East Asian ports.
News ID: 75246 Publish Date : 2017/07/28
Egyptian Ministry of Petroleum entered in a partnership with the Ministry of Public Business Sector to establish a petrochemical plant in Suez governorate at a total cost exceeds $4 billion, Zawya reported quoting Petroleum Minister Tarek el-Molla.
News ID: 75015 Publish Date : 2017/07/17
The Suez Canal Authority is offering a discount to dry bulk vessels with the aim of attracting more ships to transit the waterway.
News ID: 73252 Publish Date : 2017/04/05
Suez Canal Economic Zone has spoken to a number of British firms as part of an effort to attract $2 billion of foreign investment, according to a report.
News ID: 72566 Publish Date : 2017/02/24
The Suez Canal Authority (SCA) has extended its initiative to hand out rebates to containerships coming from ports of the East Coast of merica heading to South and South East Asian ports.
News ID: 71494 Publish Date : 2017/01/11
The Suez Canal Authority (SCA) has forecast a $525m jump in revenue this year and says it has received “good feedback” on discount deals designed to tempt shipping lines to commit to Egypt’s historic waterway long term.
News ID: 70134 Publish Date : 2016/11/07
Low bunker prices, the slowdown of global trade and increased competition from the Panama Canal might be impacting the Suez Canal today, but long term the historic waterway is making all the right moves to transform Egypt’s ailing economy.
News ID: 69996 Publish Date : 2016/11/01
COPENHAGEN, Oct 25 Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal.
News ID: 69854 Publish Date : 2016/10/26
EXECUTIVE limitations posed by Hanjin's uncertain legal status were behind one of its chartered-in ships being unable to proceed through the Suez Canal on Thursday.
News ID: 68632 Publish Date : 2016/09/03
Suez Canal traffic data showed that 284 ships transited the canal, with a total load of 14.34m tonnes, from 19 to 24 August 2016, reports Daily News Egypt.
News ID: 68543 Publish Date : 2016/08/30
Maersk:
Maersk Line is transforming its Asia – US East Coast TP12 service via the Suez Canal into expanded panama canal.
News ID: 67690 Publish Date : 2016/07/23
Just two weeks after the opening of its expansion the Panama Canal has regained holding the largest share of the Asia – US East Coast trade from the Suez Canal.
News ID: 66465 Publish Date : 2016/07/15
APM Terminals' Suez Canal Container Terminal is set to gain from the opening of the eastern side channel approach, which will allow vessels direct access to SCCT and the East Port Said development area.
News ID: 60551 Publish Date : 2016/02/23