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In this photo released by the Suez Canal Authority, a cargo ship, named the Ever Green, sits with its bow stuck into the wall Wednesday, March 24, 2021, after it turned sideways in Egypt’s Suez ...
The fee reductions aim to incentivize companies to resume Suez Canal transits, a move that was universally welcomed, he said. “We expect a return to navigation within a month, and more than one agency ...
Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ...
The Suez Canal Authority (SCA) announced Tuesday a 15 percent discount on transit fees for container ships with a net tonnage of 130,000 tons or more, loaded or empty, starting Thursday ...
In an age when a tweet from Washington can wipe billions off Asian markets, and a ship stuck in the Suez Canal can throw global supply chains into chaos, Malaysia can no longer afford to fly blind.
The Suez Canal connects vessels from the Indian Ocean to the Mediterranean Sea, and was the main passage for ships on the Asia-to-Europe trade lane before the Red Sea crisis began in the wake of ...
Shipping volume in the canal has recently decreased, however, as the Yemeni Houthis attacked ships passing through it in 2023 and 2024. The threat of attacks forced ships to avoid the Suez Canal ...
But a few years ago, when a gigantic containership got stuck in the Suez Canal, lots of people suddenly ... s picture book called “The Big Ship and the Little Digger,” turning the complexities ...
CAIRO, May 13 (Reuters) - Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the ...