In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...

Egypt's revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea ...

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...

Regional conflicts in the Red Sea, mainly due to Houthi attacks on ships, have resulted in Egypt losing around $7 billion in Suez Canal revenue for 2024. The attacks forced shipping companies to ...

President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the ...

President Abdel Fattah El-Sisi met with the Chairman and Managing Director of the Suez Canal Authority, Admiral Ossama Rabiee ...