Port News & Information Mediterranean, Black & Caspian Seas

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’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...

Egypt’s government dismisses rumours about partial privatisation of Suez Canal

Cairo, Egypt (Ports Europe) May 7, 2019 – Egypt’s government has dismissed rumours about the potential privatisation of parts of the Suez Canal...

Suez Canal Authority, China’s Tianjin to develop 2nd phase of TEDA Industrial Zone

Suez, Egypt (Ports Europe) April 25, 2019 – The Suez Canal Authority (SCA) has signed a Memorandum of Understanding (MoU) with China’s...

SCA to increase Suez Canal annual revenues by $1 billion

Suez, Egypt (Ports Europe) April 18, 2019 – Suez Canal Authority (SCA) aims to increase the annual revenues of the Suez Canal by $1 billion (€888 million),...

Svitzer to deliver two tugboats to Suez Canal Authority

Suez, Egypt (Ports Europe) April 8, 2019 – Leading global towage operator Svitzer has signed a 10-year agreement with Port Suez in Egypt to deliver two...

Russia to sign agreement for industrial zone near Port Said in April

Suez, Egypt (Ports Europe) March 13, 2019 – Egypt’s government expects to sign an agreement with the Russian Export Centre (REC) to start the...

SCZone to present investment opportunities to Indian companies

Suez, Egypt (Ports Europe) March 11, 2019 – Suez Canal Economic Zone (SCZone) managers plan to visit India to meet representatives of local companies...

Russia’s REC to launch industrial complex near Egypt’s Port Said

Port Said, Egypt (Ports Europe) 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 (Ports Europe) February 19, 2019 – The recent doubling of the capacity of the Suez Canal, has improved the competitiveness of the...

Suez Canal to double annual revenue by 2023

Suez, Egypt (Ports Europe) February 15, 2019 – The new channel of the Suez Canal, opened in August 2015, has paid off in the shortest possible time, the...

Suez Canal recovers cost for new Suez Canal project

Suez, Egypt (Ports Europe) January 29, 2019 – Suez Canal Authority has recovered the EGY 20 billion (€992 million/$1.1 billion) cost for the construction...

Ecoslops and Suez Canal Economic Zone to set up unit for treatment unit of maritime oil waste in Port Said

Port Said, Egypt (Ports Europe) January 29, 2019 – Ecoslops and Suez Canal Economic Zone have signed an agreement towards setting up a collection,...

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 land...

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...

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...

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...

Suez Canal keeps strategic role for global maritime trade

Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal keeps its role as a strategic junction for global merchant maritime traffic, concentrating...

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