Suez Canal increase ship transit in first half 2020
Port Said, Egypt (PortSEurope) July 6, 2020 - Osama Rabie, head of the Suez Canal Authority (SCA), has announced that navigation statistics for the first…
More delays for the Russian Industrial Zone near Egypt’s Port Said
Suez, Egypt (PortSEurope) May 12, 2020 - Moscow is expecting to sign the developer contract for the Russian Industrial Zone (RIZ) near Egypt’s Port Said by mid-2020,…
Suez Canal maintains throughput in Q1 2020
Port Said, Egypt (PortSEurope) April 3, 2020 - Osama Rabie, chairman of the Suez Canal Authority (SCA), has reported that traffic through the Suez Canal…
Ecoslops publishes results for 2019
Ecoslops, the cleantech that brings oil into the circular economy, announces the results for the financial year-end - March 30, 2020 With a turnover of…
COSCO Shipping Ports Ltd sees big fall in February 2020 container throughput
Piraeus, Greece (PortSEurope) March 17, 2020 – In February 2020, COSCO Shipping Ports Ltd handled a global total of 14.52 million TEU, down 12.2% on…
Suez Canal traffic increases over 12% in February 2019
Port Said, Egypt (PortSEurope) March 2, 2020 - Osama Rabie, the head of the Suez Canal Authority (SCA), has announced that in the month of…
Suez Canal sees increased tonnage and revenue in 2019
Port Said (PortSEurope) January 21, 2020 - The Suez Canal Authority (SCA) has reported that last year the Canal accommodated 18,880 vessels, compared to 18,174…
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,…