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Suez Canal hits hightest daily transit rate as 94 ships cross in both directions

Mon, 07 Nov 2022 - 01:30 GMT

The navigation movement in the Suez Canal recorded Monday new and unprecedented records in terms of daily transit statistics, achieving the highest daily transit rate, with 94 ships crossed from both directions without waiting, with a total net tonnage of 5 million tons, said Lieutenant-General Osama Rabie, head of the Suez Canal Authority.

Suez Canal's revenues reaches $7 billion this fiscal year

Mon, 13 Jun 2022 - 12:11 GMT

The navigation path pf the Suez Canal received 22 thousand ships this fiscal year compared to 19 thousand ships last year, recording an increase of 15 percent, according to Lieutenant-General Osama Rabie, head of the Suez Canal Authority.

Duration of issuing licenses for yachts to enter Egyptian waters reduced to 24 hours

Wed, 11 May 2022 - 11:00 GMT

Minister of Transport Kamel al-Wazir stated Tuesday in a phone-in that licenses allowing yachts to enter national waters are currently issued in just 24 hours.

Egypt's FM, UN Special Envoy discuss resumption of political dialogue in Yemen

Mon, 22 Nov 2021 - 04:02 GMT

Minister of Foreign Affairs Sameh Shokry asserted the necessity of pushing forward the political pathway in the war-torn Arab country.

Gov’t denies rumors in video claiming lack of New Suez Canal’s feasibility

Tue, 10 Aug 2021 - 02:34 GMT

The media center at the Egyptian cabinet denied baseless information circulated in a video claiming that the new Suez Canal has not achieved any increases in the canal’s revenues.

U.S. Central Command’s Director for Strategy visits Egypt's Suez Canal chairman

Tue, 20 Apr 2021 - 01:44 GMT

Suez Canal Authority Chairman Osama Rabie received Tuesday U.S. Central Command’s Director for Strategy, Plans, and Policy Scott Benedict in Ismailiyah.

Suez Canal achieves revenues worth $2B in 1st quarter of 2021 in spite of stranding incident

Thu, 08 Apr 2021 - 12:15 GMT

Rabie said that the negotiations with the Japanese company are underway.

EU, Arab states congratulate Egypt on freeing giant ship stuck in Suez Canal

Mon, 29 Mar 2021 - 07:40 GMT

“Impressive work by all involved,” the EU said.

Leth Agencies: 43 vessels resumed transit from Great Bitter Lake after ship blocking Suez Canal freed

Mon, 29 Mar 2021 - 06:57 GMT

The Suez Canal's service provider Leth Agencies said 43 vessels had resumed their trips from the Great Bitter Lake southwards towards the Red Sea, after the Panamian Ever Given ship that had blocked the canal for nearly a week was refloated.

Egypt resumes navigation in Suez Canal after 6 days of suspension

Mon, 29 Mar 2021 - 05:54 GMT

There are hundreds of vessels awaiting entry thus far, including oil tankers as the ship had diagonally blocked the canal.

Egypt not obliged to pay compensations for ships due to suspension of navigation

Thu, 25 Mar 2021 - 01:54 GMT

Metwally clarified to Egypt Today on Thursday that insurance companies are responsible for paying compensations for affected ships and not Egypt.

Sharm el-Sheikh seaport closed due to bad weather conditions

Tue, 15 Dec 2020 - 03:07 GMT

All marine activities on small and large marine units were halted to maintain safe maritime navigation.

Egypt wins membership in IMO council

Sat, 30 Nov 2019 - 11:03 GMT

Egypt garnered 132 votes out of 165.

Egypt seeks to become regional digital hub: Sisi

Sat, 27 Apr 2019 - 05:06 GMT

President Abdel Fatah al-Sisi revealed on Saturday that Egypt is seeking to become a regional digital hub that transmits data between Asia, Africa, and Europe.

Egypt, Brazil mull establishing direct navigation line: Official

Sun, 08 Apr 2018 - 01:53 GMT

The navigation line will integrate with the Brazil-Portugal and Portugal-Egypt lines.

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