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SUEZ CANAL CHIEF
Cyber Alert: Companies rush to fortify systemsRubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring ...- Trump administration sows confusion as it tries to reopen Strait of HormuzThe Trump administration's approach to the Iran war has been marked by conflicting statements. Initially, a ceasefire was declared, followe...
- French carrier group moves south of Suez ahead of conditional UK-French Hormuz missionFrance's aircraft carrier Charles de Gaulle is now in the Red Sea. This move prepares for a possible mission in the Strait of Hormuz. The F...
- So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
- Despite Trump's naval blockade, Iran has not run out of cardsIran warns it could block vital shipping lanes including the Persian Gulf, Sea of Oman, and Red Sea. This move escalates tensions with the ...
- Trump says Iran war 'close to over'; army chief of mediator Pakistan arrives in TehranPresident Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...
- Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
- Significance of India-Egypt strategic partnership in stabilizing volatile regionIndia and Egypt are deepening their strategic partnership. This collaboration is crucial for regional stability amidst ongoing conflicts. B...
- Panama Canal operating at top capacity as Iran war triggers more LNG vessel traffic, chief saysThe Panama Canal is experiencing peak operations, handling 36 to 38 vessels daily. This surge is driven by increased demand for liquefied n...
- Egypt tests new extension of the Suez CanalEgypt has tested a new 10-kilometre extension to the Suez Canal. This aims to minimize the impact of currents on shipping and increase capa...
- Egypt’s Canal receipts fall by almost half after Red Sea attacksThe drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before th...
- Greek shipping giant warns Panama Canal chaos may hit SuezA lack of rainfall has dried up a key lake at the Panama Canal, hobbling shipments through one of the world’s most important waterways.
- Suez Canal traffic 'normal' after stuck vessel refloatedTugboats "have begun towing the ship" which had suffered "a sudden technical failure" and was now being safely towed away for repairs, said...
- Egypt to raise Suez Canal transit fees for ships in 2023The Suez Canal Authority said that it will add 15% to the fees for tankers carrying oil and petroleum products, and 10% for dry bulk carrie...
- Record cargo shipped through Egypt's Suez Canal last yearThe number of ships using the canal rose from 18,830 in 2020 to 20,694 in 2021, or more than 56 ships per day.
- Megaship that blocked Suez heads back to AsiaThe MV Ever Given had "successfully crossed" the canal after unloading its cargo in Britain and was now on its way to China, Suez Canal Aut...
- Arrested Suez ship fit for onward passage, manager saysTaiwan's Evergreen Line, which is the Ever Given's charterer, said it was investigating the scope of the Egyptian court order "and studying...
- Suez Canal chief cites possible 'human error' in ship groundingThe crisis has crippled global supply chains, forcing cargo firms to choose between waiting or the expensive option of rerouting vessels ar...
- Egypt's President Abdel Fattah el-Sisi on maiden India visit this weekAbdel Fattah el-Sisi will visit India for the first time this week to attend the third India-Africa Forum Summit to boost bilateral ties an...
- Oil prices almost score $100 on Egypt unrestWorld oil prices rose to within a whisker of $100 a barrel Monday on fears that violent unrest in Egypt could disrupt the flow of oil throu...
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