Suez Canal ship transits down 60% over 2023

Ship sailings via Suez Canal are 60 per cent lower compared to the figure in 2023, but normalisation of the Red Sea appears more likely compared to past two years, an analysis by global shipping ...
Supply Chain

Egypt Tests New Extension for Suez Canal

A test of a new 10 kilometer channel that extends the stretch of the Suez Canal allowing two-way ship traffic has been deemed successful, as Egypt looks to expand the canal three years after the Ever ...
Reuters

47 ships rerouted to Suez Canal this month, chairman says

CAIRO, Feb 23 (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February. Earlier ...
Bloomberg L.P.

The Suez Canal Reopening Is a 2026 Gift for Commodities

The business of shipping goods around the world has suffered shock after shock since 2000, culminating in the effective closure of the Red Sea and Suez Canal two years ago. Don’t say it too loud, but ...
Reuters

Suez Canal chief says Red Sea crisis did not create sustainable route to replace canal

CAIRO, Feb 19 (Reuters) - Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive ...
Bloomberg L.P.

Sanctioned Russia LNG Cargo Heads to Suez on Shadow-Fleet Vessel

A liquefied natural gas tanker that’s part of a shadow fleet of vessels that helps Russia skirt sanctions is heading toward the Suez Canal, after sailing back and forth in the North Atlantic earlier ...