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EGYPTS SUEZ CANAL
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
- 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...
- 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...
- Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterwayA tanker transporting curd oil broke down in the Suez Canal, disrupting traffic in the global waterway, which provides a crucial link for o...
- Hong Kong-flagged vessel runs aground in Egypt's vital Suez CanalA Hong Kong-flagged ship ran aground in Egypt's vital Suez Canal, authorities and tracking data showed early Thursday. The Xin Hai Tong 23 ...
- 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...
- Another tanker briefly blocks Egypt's Suez canalLast year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week.
- India and Egypt sign MoU to set up a green hydrogen plant with investments of $8 billionThe MoUs was signed by a number of government agencies as the first party: New & Renewable Energy Authority, General Authority of the Suez ...
- 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...
- Ever Given, the ship that blocked Suez Canal in March, crosses the canal againThe vessel, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both d...
- Owner of ship stuck in Egypt's Suez Canal offers apologyShoei Kisen, apologized on Thursday over the "tremendous worry" that the accident has caused to the other vessels and their involved partie...
- Lavish celebrations as Egypt's Abdel Fattah el-Sisi opens new Suez CanalEl-Sisi with at least 90 official delegations, including India's led by Road Transport and Highways Minister Nitin Gadkari.
- Nitin Gadkari invites Egyptian President Abdel Fattah Al-Sisi for India-Africa SummitGadkari met Egyptian President Abdel Fattah Al-Sisi in Cairo and invited him to visit India for the third India-Africa Forum Summit in Octo...
- Nitin Gadkari to represent India at new Suez Canal inaugurationRoad Transport Highways and Shipping Minister Nitin Gadkari will represent India at the inaugural ceremony of new Suez Canal in Egypt on Au...
- Suez Canal Bank to sell stake in technology firmEgypt's Suez Canal Bank said on Sunday its shareholders approved the sale of its 29.38 per cent stake in Suez Canal Company for Technology ...
- Cargo ship blocks Suez canalThe Suez Canal was blocked for three hours Saturday by a cargo ship which broke down in Egypt's economically vital waterway, an official of...
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