Bab el Mandeb

SCA chief: Ship freight costs rose from $750 to $6,800 per container due to tensions in Red Sea region

Sun, 03 Mar 2024 - 07:20 GMT

In response to the crisis, the Suez Canal Authority has held meetings with various stakeholders to address disruptions in global supply chains. Efforts have focused on mitigating the impact of prolonged journey times via the Cape of Good Hope route and addressing the lack of ports and logistical services along this route.

SCA Chief, representatives of shipping lines and agencies discuss repercussions of Red Sea situation on maritime trade movement

Sun, 28 Jan 2024 - 07:44 GMT

Rabie stressed that the meeting was held to open direct channels of communication with all its clients to consult on the current situation in the Red Sea and Bab al-Mandab region and to discuss the proposed recommendations to enhance cooperation with the Suez Canal.

Egypt unequivocally rejects Yemen’s transfer to foothold for non-Arab forces

Mon, 13 Aug 2018 - 06:21 GMT

President Sisi remarked that Yemen’s stability and security is crucial Egyptian national security and regional stability.

More