Suez Canal
The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The canal is a route of trade between Europe and Asia. It is managed by the state-owned state-owned Suez Canal Authority (SCA).
Suez Canal expects a record breaking $8 billion in revenue
Port Said, Egypt (PortSEurope) December 26, 2022 – Egypt’s Suez Canal expects revenue to reach the record-breaking $8 billion in its current fiscal year...
Voltalia, TAQA Arabia plan green energy cluster in Egypt
Port Said, Egypt (PortSEurope) December 8, 2022 – France’s Voltalia SA and Egyptian energy company TAQA Arabia have signed a memorandum of...
Suez Canal Economic Zone signs seven MoUs for hydrogen development
Port Said, Egypt (PortSEurope) December 8, 2022 – The Suez Canal Economic Zone has signed seven Memorandums of Understanding (MoU) for green hydrogen...
EBRD supports first green hydrogen facility in Egypt
Cairo, Egypt (PortSEurope) November 15, 2022 – The European Bank for Reconstruction and Development (EBRD) is to lend $80 million loan to Egypt Green to...
Suez Canal to increase transit prices in 2023
Port Said, Egypt (Ports Europe) September 19, 2022 – The Suez Canal Authority plans to increase transit prices in 2023. The transit tolls for all types...
TransContainer starts multimodal service between Russia and India via Novorossiysk
Novorossiysk, Russia (PortSEurope) July 4, 2022 – PJSC TransContainer has launched a new intermodal service between Russia and the Indian port of Nhava...
SCZONE signs a joint MOU to establish automotive industry complex
Port Said, Egypt (Ports Europe) June 17, 2022 – The Suez Canal Economic Zone (SCZONE) has signed a local Memorandum of Understanding (MoU) to establish a...
COSCO SHIPPING Ports – Overseas terminals – Throughput – Q1 2022
Hong Kong, China (PortSEurope) May 2, 2022 – COSCO SHIPPING Ports Limited (CSP), a leading global ports operator, has announced first quarter container...
Suez Canal reports record traffic and increases transit fees
Port Said, Egypt (Ports Europe) March 2, 2022 – The Suez Canal Authority (SCA) has reported that in the month of February 2022, 1,713 transited through...
Suez Canal expansion to be completed by July 2023
Cairo, Egypt (Ports Europe) January 27, 2022 – Work to expand stretches of the Suez Canal are expected to be completed by July 2023, according to Osama...
Thessaloniki Port Authority and Suez Canal Economic Zone sign agreement
Thessaloniki Port Authority S.A. (ThPA) and the Suez Canal Economic Zone (SCZone) have signed a cooperation agreement with the aim to develop international...
Suez Canal Authority reports record revenues for 2021
Cairo, Egypt (Ports Europe) January 4, 2022 – The Suez Canal Authority has announced that the navigation statistics in the canal in 2021 set new records,...
Lifting the curtain on the reverberations of the Suez blockage – Maersk
On Tuesday March 23, a 400-meter-long container vessel ran aground and became lodged sideways across the waterway in the Suez Canal. Almost a week in and with...
Valenciaport is managing normally 32,313 containers affected by the Suez Canal blockage
Between 6 and 16 April, the docks of the port area have assumed the loading and unloading operations of 10 vessels detained in the Suez Canal with complete...
The first ship affected by the blockade of the Suez Canal arriving in Barcelona is operating normally
The container ship MSC Amber, the first ship affected by the Suez Canal blockade to arrive at the Port of Barcelona, has docked tonight at the BEST terminal...
Valenciaport easily manages more than 30,000 additional containers from the Suez Canal delay
València, April 7, 2021.- After the arrival today of the Conti Everest and the CMA CGM Centaurus at the docks of the Port of València, there are now three...
Port of Algeciras resumes normal operations
Algeciras, Spain (Ports Europe) April 5, 2021 – The APM Terminals facilities in the port of Algeciras have received the container ship...