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" Suez Canal Authority"

140 results

Egypt - Urban & Transport
2/14/2024 8:05:45 PM
Chairman of the Suez Canal Authority (SCA) Osama Rabie affirmed ongoing coordination with clients to minimize the impact of the Red Sea tensions during a meeting on Wednesday with Soren Toft, the CEO of MSC Group, one the world’s largest container shipping company.

Egypt - Urban & Transport
1/31/2024 9:49:32 PM
The Chairman of the Suez Canal Authority (SCA), Osama Rabie, discussed with the US Ambassador to Cairo, Herro Mustafa Garg, the latest developments in the Southern Sector Development Project of the Suez Canal, which will increase navigation safety in the canal by 28 percent.

Egypt - Urban & Transport
1/25/2024 5:18:48 PM
Suez Canal navigation is running regularly and has never halted, not even for a single day, since the onset of the Red Sea and Bab Al-Mandeb Strait’s crisis, Egypt's Suez Canal Authority (SCA) Chief Osama Rabie stressed on Thursday.

Business - Economy
1/22/2024 7:16:01 PM
Egypt has lost about $150 million in Suez Canal revenue due to ongoing Red Sea disruptions, according to Bloomberg’s Chief Emerging Markets Economist Ziad Daoud.

Egypt - Urban & Transport
1/22/2024 5:45:31 PM
Egypt’s Suez Canal has deployed an emergency team to provide maintenance and repairs services for dry bulk vessel ZOGRAFIA, which was targeted in an attack by Houthi rebels in the Red Sea last week, according to a statement by the Suez Canal Authority (SCA).

Egypt - Urban & Transport
1/16/2024 11:19:31 PM
Osama Rabie, the chairman of Egypt’s Suez Canal Authority (SCA), has stressed that the decision of some shipping companies to reroute from the Suez Canal is a temporary measure driven by security concerns amid the ongoing escalation in the Red Sea.

Egypt - Urban & Transport
1/13/2024 8:06:58 PM
Osama Rabie, the head of the Suez Canal Authority (SCA), said in a statement issued Saturday that navigation in the Suez Canal was running smoothly in both directions.

Egypt - Urban & Transport
1/12/2024 3:42:10 PM
The ship traffic has decreased 30% in Egypt’s Suez Canal since the beginning of 2024 compared to 2023, due to recent tensions in the Red Sea, Suez Canal Authority (SCA) Chairman Osama Rabie said on Thursday.

Business - Economy
12/19/2023 6:45:15 PM
Saudi Arabia’s transportation and logistics company Bahri is exploring a partnership with Egypt’s Alkahera Company for Ferries and Maritime Transport and the Suez Canal Authority (SCA) in shipbuilding and logistic services, according to a cabinet statement on Tuesday.

Egypt - Urban & Transport
12/17/2023 6:33:08 PM
Chairman of the Suez Canal Authority (SCA) Osama Rabie stated on Sunday that 55 ships diverted from the Suez Canal route to the Cape of Good Hope route since 19 November, considering it a small percentage compared to the crossing of 2,128 ships during the same period.

Business - Economy
12/7/2023 5:08:45 PM
Egyptian Prime Minister Mostafa Madbouly approved permitting the Suez Canal Authority (SCA) to co-establish Suez Canal for Modern Boats, a joint-stock company, per the decree published in the Official Gazette on Thursday.

Egypt - Urban & Transport
12/6/2023 9:39:35 PM
The container ship that sustained malfunction while transiting the Suez Canal earlier on Wednesday has resumed its journey after being repaired, the Suez Canal Authority (SCA) said.

Egypt - Urban & Transport
11/30/2023 1:13:07 PM
Egypt’s Suez Canal Authority (SCA) announced on Thursday that it achieved a significant increase of 20.3 percent with the canal’s revenue reaching $854.7 million in November 2023, compared to $710.3 million in November 2022, showing a difference of $144.4 million.

Business - Economy
10/25/2023 6:00:00 PM
Egypt's Suez Canal Authority (SCA) has signed a memorandum of cooperation (MOC) with Qatari dairy producer Baladna valued at $1.5 billion to initiate projects that guarantee food security for the Egyptian population.

Business - Economy
10/17/2023 2:04:31 PM
Egypt's Suez Canal Authority (SCA) announced an increase in transit fees by 5-15 percent starting as of 15 January 2024, according to a statement by the authority on Monday.

Egypt - Urban & Transport
8/23/2023 5:52:00 PM
Navigation resumed normally in both directions of the Suez Canal on Wednesday after a ‘sight contact’ took place between two vessels while transiting the canal during the early hours in the morning, the Suez Canal Authority (SCA) announced.

Egypt - Politics
8/13/2023 9:35:38 PM
Egyptian President Abdel-Fattah El-Sisi has reappointed Lieutenant General Osama Rabie as the Chairman of the Suez Canal Authority (SCA) for another one-year term, effective Saturday 12 August.

Egypt - Urban & Transport
8/8/2023 10:38:53 PM
The Suez Canal Authority (SCA) announced on Tuesday the successful recovery of the sunken tugboat ‘Fahd’, while ensuring navigation operations remained unaffected by the recovery efforts.

Egypt - Urban & Transport
8/6/2023 5:43:06 PM
Work is still underway to recover a tugboat that sank after colliding with the LPG tanker China Gas Legend in the Suez Canal on Saturday, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Sunday afternoon.

Egypt - Urban & Transport
8/6/2023 11:23:00 AM
One crewmember had died after their tugboat sank following a collision with the LPG tanker China Gas Legend in the Suez Canal, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Saturday.

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