Suez Canal
- Middle East
Arab countries, GCC condemn terrorist attack on Suez Canal
Several Arab countries, in the strongest terms, condemned the attack on a water lifting station, east of the Suez Canal in the Arab Republic of Egypt, which resulted in the death and injury…
- Middle East
Suez Canal revenues hit all-time record at USD 6.3 billion
Cairo: Egypt’s Suez Canal said Sunday its annual revenues reached USD 6.3 billion last year, the highest in the crucial waterway’s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said…
- Middle East
Suez Canal revenue hits record high 6 bn USD in 2021
Cairo: The revenue of Egypt’s Suez Canal reached 6 billion US dollars in 2021, Chairman of the Suez Canal Authority (SCA) Osama Rabie said in a statement on Sunday. “Egypt’s Suez Canal…
- Middle East
Saudi Arabia launches OXAGON, largest floating industrial complex in the world
Riyadh: The Kingdom of Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday announced the launch of NEOM’s industrial city, known as OXAGON, which is set to be the largest floating industrial…
- World
Vessel runs aground, briefly blocking part of Suez Canal
Cairo: A bulk carrier vessel became wedged Thursday in Egypt’s Suez Canal, briefly blocking traffic in one lane of crucial global waterway, Egyptian authorities said. The Suez Canal Authority said in a…
- World
UK Carrier Strike Group on way for exercises with Indian Navy
New Delhi: The United Kingdom Carrier Strike Group (CSG) 2021, led by HMS Queen Elizabeth, has sailed into the Indian Ocean Region having recently transited the Suez Canal. Following a series of…
- World
Experts examine bottom of big ship that was stuck in Suez
Cairo: Divers inspected the underside of a colossal container ship that had blocked the Suez Canal, spotting some damage to the bow but not enough to take it out of service, officials said…
- World
Suez Canal reopens after stuck cargo ship is freed
Suez : Salvage teams on Monday finally freed the colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most…
- World
Explained: Suez Canal blockade is costing world trade in billions every day
Cairo: The report that the massive container ship that blocked the stretch of the Suez Canal is finally re-floating in the right direction is a piece of good news for the global…
- Business
Suez Canal blockade to cause losses in billions of dollars for insurers
New Delhi: With a loss of $ 9 billion per day due to the Suez Canal being blocked by a container ship, global industry is awaiting the enormity of insurance claims.For India, pressure…
- World
Massive container ship that blocked Suez Canal re-floats after 5 days
Cairo: A massive container ship that had blocked the Suez Canal since March 23 has been freed and re-floated, maritime service provider Inchcape Shipping said on Monday. The Panama-flagged ship, Ever Given, had…
- World
India chalks out 4-point plan to deal with Suez Canal blockage
New Delhi: The Centre has chalked out a four-point plan to deal with the situation arising from the blockage of the Suez Canal including advising ships to re-route via Cape of Good…
- World
Attempt to re-float cargo ship stranded in Suez Canal on Friday failed
Cairo: An attempt to re-float the giant container ship Ever Given, which is grounded in the Suez Canal for several days, failed on Friday, the Bernhard Schulte Shipmanagement (BSM) company, the ship’s…
- World
Efforts on to fully tow giant cargo ship stranded in Suez Canal; Indian crew members safe
Cairo: Dredgers have joined efforts to completely refloat the giant container ship Ever Given grounded in the Suez Canal for over two days to free the waterway for other ships, Gulf Agency…
- World
Massive cargo ship becomes wedged, blocks Egypt’s Suez Canal
Ismailia: A skyscraper-sized container ship has become wedged across Egypt’s Suez Canal and blocked all traffic in the vital waterway, officials said Wednesday, threatening to disrupt a global shipping system already strained by…
