Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

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

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

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 has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite ...

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

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

( MENAFN - Nam News Network) CAIRO, Dec 29 (NNN-MENA) – The Suez Canal has successfully tested a new lane, that allows ships ...

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 ...