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Suez Canal
Fire in Egypt’s Ismailia police building injures dozens
Monday, 02 October 2023 08:54
IP - A huge fire that erupted at a police facility in the Egyptian Suez Canal city of Ismailia early Monday has been contained, 38 people injured so far.
Suez Canal to raise transit fees by 15% in 2023
Sunday, 18 September 2022 20:03
Egypt’s Suez Canal Authority plans to raise the transit fees for ships passing the waterway by 15% at the start of 2023.
Suez Canal: Megaship leaves waterway after compensation deal struck
Thursday, 08 July 2021 01:21
The Ever Given megaship, which blocked the Suez Canal for six days in March, has finally left the waterway after Egypt and the vessel's Japanese owners signed a compensation deal.
Cargo ship Ever Given held in Suez Canal amid $916 million claim
Thursday, 15 April 2021 03:29
The mammoth cargo ship Ever Given that blocked the Suez Canal last month is being held in the waterway as authorities pursue a $916 million compensation claim against its owner, according to the vessel’s insurer.
North-South corridor substitute for Suez Canal, Iran says
Friday, 09 April 2021 20:49
Russia (IP) - Iran's Ambassador to Russia said that the establishment of the north-south corridor was a suitable substitute for Suez Canal.
Losses from Suez Canal blockage could reach $1 billion
Thursday, 01 April 2021 05:18
The chairman of the Suez Canal Authority said on Wednesday, in an interview with Egypt’s Sada El-Balad TV, that losses and damages from the Ever Given blockage could reach around $1 billion.
Traffic in Suez Canal resumes after stranded ship refloated
Tuesday, 30 March 2021 00:07
Shipping was on the move again late on Monday in Egypt’s Suez Canal after a giant container ship that had been blocking the busy waterway for almost a week was refloated, with more than 400 ships waiting to pass through.
Suez Canal trapped ship Ever Given partially refloated after huge efforts
Monday, 29 March 2021 16:28
The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.
Ship blocking Suez Canal moves slightly, unclear when it will refloat
Sunday, 28 March 2021 05:01
Efforts to dislodge a giant container ship blocking the Suez Canal have allowed it's stern and rudder to move, but it remains unclear when it can be refloated, the head of the canal authority said on Saturday.
Egypt loses $400m per hour due to wedged cargo ship in Suez Canal
Friday, 26 March 2021 06:24
According to a financial estimate issued by a prominent banking institution, the losses incurred by Egypt after the Suez Canal was blocked by the Ever Given cargo ship are estimated at about $400 million per hour.
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