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Egypt's Suez Canal to raise transit fees in 2023

September 18, 2022

The Suez Canal's transit tolls will increase by 15 per cent for all types of vessels and 10 per cent for dry bulk and cruise ships starting next year, the Suez Canal Authority (SCA) announced in a statement on Saturday.

Egypts Suez Canal revenues hit record 6.3 bln USD in 2021

January 04, 2022

Egypts Suez Canal revenues hit record 6.3 bln USD in 2021

Piracy fears mount as ships take long way around Africa to avoid blocked Suez Canal

SATURDAY, MARCH 27, 2021

CAIRO - Brand-new Kia automobiles, cases of Heineken beer, live animals and billions of dollars of crude oil and other commodities remained stranded in the Suez Canal throughout the day on Friday. Meanwhile, tugboats and dredgers tried to free a grounded container ship that has come to symbolize the perils of a global economy that relies on goods traveling around the world in larger and larger vessels.

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Egypt's Suez Canal to raise transit fees in 2023

Egypts Suez Canal revenues hit record 6.3 bln USD in 2021

Piracy fears mount as ships take long way around Africa to avoid blocked Suez Canal