"It is worth noting that today, Sunday, the navigation traffic in the canal is witnessing the crossing of 65 ships from both directions, with a total net tonnage of 3.5 million tons," Rabie said.

Outrage Over Israeli Warship Crossing Suez Canal, Egypt Reacts The Suez Canal Authority of Egypt confirmed that all vessels, commercial and military, have the right to transit the waterway freely.

The high point was when he led the crossing of the Suez Canal into Egypt as the commander of the first Israeli tank to cross it. It was the move that changed the course of that war, leading the ...

Osama Rabie, Chairman of the Suez Canal Authority, stated that the tariffs recently imposed by the United States on China could affect global trade and, consequently, the Suez Canal. Rabie added, ...

President Donald Trump demanded free transit for US ships crossing the Panama and Suez canals, arguing that the routes wouldn’t exist without Washington. A chart showing imperial tons of cargo ...

Rerouting vessels around Africa could add 10 days to a ship's route—and 15 percent to shipping costs—said S&P Global's Chris Rogers.

Egypt cut fees for some vessels crossing the Suez Canal, seeking to revive the critical trade route after the US agreed to a ceasefire with Yemeni militants attacking Red Sea shipping.

CAIRO - The Egyptian Suez Canal’s annual revenue dropped by about 23.4 per cent in the fiscal year 2023/2024 due to the Red Sea crisis, Mr Osama Rabie, chairman of the Suez Canal Authority (SCA ...

The Suez Canal expansion, which will extend the waterway’s two-way section by 10km, is expected to be operational in the first quarter of 2025, the authority’s chairman has said.

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.