Suez Canal Container Terminal to open reefer repair hub to all brands
The Suez Canal Container Terminal (SCCT), strategically located at the mouth of the Suez Canal in Egypt, has announced its intention to open its reefer…
Egypt reviews new Suez Canal achievements
The Suez Canal Authority (SCA) has produced the following information on the 4th anniversary of the new Suez Canal. Celebrating the 4th anniversary of the…
Suez Canal pays €3.8 billion to Egypt’s treasury in 2019
Suez, Egypt (PortSEurope) June 10, 2019 – Egypt's finance ministry has said the Suez Canal Authority paid EGP 72 billion ($4.3 billion/€3.8 billion) to the country's…
Suez Canal’s investment opportunities are very promising
Suez, Egypt (PortSEurope) May 30, 2019 – Suez Canal's investment opportunities are very promising there are new projects that are being constantly launched, chairman Mohab Mamesh said. The transit rates in…
Egypt’s government dismisses rumours about partial privatisation of Suez Canal
Cairo, Egypt (PortSEurope) May 7, 2019 – Egypt's government has dismissed rumours about the potential privatisation of parts of the Suez Canal Authority to finance…
Suez Canal Authority, China’s Tianjin to develop 2nd phase of TEDA Industrial Zone
Suez, Egypt (PortSEurope) April 25, 2019 – The Suez Canal Authority (SCA) has signed a Memorandum of Understanding (MoU) with China's Tianjin Municipality for the development of the second phase…
SCA to increase Suez Canal annual revenues by $1 billion
Suez, Egypt (PortSEurope) April 18, 2019 – Suez Canal Authority (SCA) aims to increase the annual revenues of the Suez Canal by $1 billion (€888…
Svitzer to deliver two tugboats to Suez Canal Authority
Suez, Egypt (PortSEurope) April 8, 2019 – Leading global towage operator Svitzer has signed a 10-year agreement with Port Suez in Egypt to deliver two vessels…
Russia to sign agreement for industrial zone near Port Said in April
Suez, Egypt (PortSEurope) March 13, 2019 – Egypt's government expects to sign an agreement with the Russian Export Centre (REC) to start the development of the…
SCZone to present investment opportunities to Indian companies
Suez, Egypt (PortSEurope) March 11, 2019 – Suez Canal Economic Zone (SCZone) managers plan to visit India to meet representatives of local companies and promote investments, the…
South Korea eyes investments in Suez Canal Exclusive Economic Zone
Port Said, Egypt (PortSEurope) February 27, 2019 – South Korea's government is interested in establishing a partnership with Egypt for the development of the Exclusive Economic…
Russia’s REC to launch industrial complex near Egypt’s Port Said
Port Said, Egypt (PortSEurope) February 20, 2019 – Russian Export Centre (REC) plans to complete the construction of the first phase of an industrial zone…
Naples port hosts Suez Canal-New Silk Road discussion
Naples, Italy (PortSEurope) February 19, 2019 - The recent doubling of the capacity of the Suez Canal, has improved the competitiveness of the Mediterranean region,…
Suez Canal to double annual revenue by 2023
Suez, Egypt (PortSEurope) February 15, 2019 – The new channel of the Suez Canal, opened in August 2015, has paid off in the shortest possible…
Suez Canal recovers cost for new Suez Canal project
Suez, Egypt (PortSEurope) January 29, 2019 – Suez Canal Authority has recovered the EGY 20 billion (€992 million/$1.1 billion) cost for the construction of the…
Ecoslops and Suez Canal Economic Zone to set up unit for treatment unit of maritime oil waste in Port Said
Port Said, Egypt (PortSEurope) January 29, 2019 - Ecoslops and Suez Canal Economic Zone have signed an agreement towards setting up a collection, reception and…
Suez Canal settles dispute with Sewedy Group unit
Suez, Egypt (PortSEurope) December 31, 2018 – The Suez Canal Authority has settled a dispute with a subsidiary of Sewedy Group over the operation of a…
Suez Canal executes complicated FPSO towing operation
Suez, Egypt (PortSEurope) December 27, 2018 – The Suez Canal Authority has carried out the complicated operation of towing a floating system for the production,…
Suez Canal studies ways for developing Ain Sokhna project
Suez, Egypt (PortSEurope) December 24, 2018 – The Suez Canal Economic Zone (SCZone) is conducting a study on the mechanism for implementing a partnership agreement…
Agility Public Warehousing considers Suez Canal development
Suez, Egypt (PortSEurope) December 13, 2018 – Kuwaiti integrated logistics company Agility Public Warehousing has signed a strategic partnership deal with the Suez Canal Authority,…