MYSTERIOUS: 4 | Mind Blowing Facts

Suez Canal Revenues Register 20% Increase in 3 Months

The Egyptian Suez Canal Authority (SCA) said on Saturday that the canal recorded revenues of $1.69 billion in the first quarter of 2022, up from $1.4 billion in the same period last year. Osama Rabie, the head of the SCA, said that figures showed a “remarkable” rise in the number…

Asharq Al-Awsat · Apr 3, 2022

Egypt Inks Deal to Further Accelerate Supply of Green Fuels

Egypt signed on Monday a Memorandum of Understanding (MoU) with Maersk in a joint bid to further accelerate the supply of green fuels for ships as part of the shipping industry’s transition to net-zero. Egyptian Prime Minister Mostafa Madbouly witnessed the signing of the deal with the General Authority for…

Asharq Al-Awsat · Mar 29, 2022

Suez Canal says transit fees for ships will increase in May

Egypt says it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal

The Independent UK · Mar 22, 2022

Ever Forward: Cousin of container ship which got stuck in Suez Canal runs aground off US coast

Ever Given blocked Suez Canal for almost a week, causing a backlog of 400 container ships and delays in the global supply chain

The Independent UK · Mar 15, 2022

Huge cargo ship blocks US harbour forcing other vessels to use slow one-way route

The 334-metre Ever Forward became stuck close to the US capital, almost a year after its cousin - the infamous Ever Given ship - blocked the Suez Canal in Egypt

Daily Mirror · Mar 15, 2022

Egypt, Norway’s Scatec Sign MOU on Green Ammonia Project

Egypt has signed a memorandum of understanding for a $5 billion project with Norway’s Scatec (SCATC.OL) to build its first green ammonia plant in the Suez Canal Economic Zone, the cabinet said on Thursday. The green ammonia plant near the Red Sea port and industrial zone of Ain Sokhna would…

Asharq Al-Awsat · Mar 11, 2022

Egypt raises transit fees by up to 10 per cent for ships passing through Suez Canal

The hikes could later be revised or called off, according to changes in global shipping

Wales Online · Mar 1, 2022

Egypt Hikes Suez Canal Transit Fees for Ships

Egypt increased transit fees Tuesday for ships passing through the Suez Canal, one of the world’s most crucial waterways, with hikes of up to 10%, officials said. The Suez Canal Authority said on its website the increases were “in line with the significant growth in global trade" and cited the…

Asharq Al-Awsat · Mar 1, 2022

Cash-strapped Egypt hikes Suez Canal transit fees for ships

Cash-strapped Egypt has increased transit fees for ships passing through the Suez Canal, one of the world's most crucial waterways

The Independent UK · Mar 1, 2022

New East Lothian town's first council houses delayed by Suez Canal blockage and Brexit

Blindwells is expected to have 1,600 new homes with further expansion planned in the future but difficulty with materials has caused some delays on the site

Edinburgh Live · Feb 23, 2022