Marine Link5d
Suez Canal Expands as Revenues Plunge $7B
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
Suez toll revenue drops 60%; canal tests two-way traffic
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Supply Chain3d
Egypt Tests New Extension for Suez Canal
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Regional challenges cost Egypt around $7 billion of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
Bankrupt Egypt hit hard by Israel-Houthi war, earning from Suez Canal falls by..., president Sisi faces danger like...
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...
Egypt completes trial run of new Suez Canal channel extension
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
Swarajya5d
Extended Suez Canal Section To Support Global Trade Amid Challenges
Egypt has successfully tested a newly constructed 10-kilometre extension of the Suez Canal. The initiative aims to reduce the ...
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
eNCA4d
Egypt tests new extension of the Suez Canal
CAIRO - Egypt has tested a new 10-kilometre extension to the Suez Canal as it tries to minimise the impact of currents on ...