Egypt
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Operations
Suez Canal expansion to be completed by July next year
The Suez Canal expansion project will be completed by July 2023 according to the chairman of the Suez Canal Authority…
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Containers
Container collapse accident off Alexandria
Stormy conditions last Wednesday off the Egyptian port of Alexandria saw a boxship lose three containers overboard and another slew…
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Offshore
PXGEO scores Egyptian Red Sea seismic project
Hot on the heels of Petrobras contract for an ocean bottom node seismic project in Brazil, Peter Zickerman’s marine geophysical…
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Ports and Logistics
Abu Dhabi eyes Egypt’s Red Sea for next ports expansion
AD Ports Group from Abu Dhabi has signed a memorandum of understanding (MoU) with the Egyptian Group for Multipurpose Terminals,…
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Operations
Suez Canal transit tolls to rise 6%
The Suez Canal Authority will raise its tolls next year by 6% for all ships bar cruiseships and LNG carriers.…
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Ports and Logistics
Egypt to build $4.34bn ‘Suez Canal on rails’
Egypt’s National Authority for Tunnels (NAT) has signed a $4.34bn, 15-year contract with a consortium including Siemens Mobility, Orascom Construction…
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Containers
Ever Given returns to Suez Canal
The giant boxship is back in the Suez Canal a little more than a month after it departed Egyptian waters,…
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Environment
Egyptian green hydrogen project presses ahead
MAN Energy Solutions has signed a memorandum of understanding (MoU) with Cairo-based TAQA Power which will establish a pilot project…
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Containers
Ever Given undergoing inspections at Port Said
After a packed media send-off, the headed north yesterday, arriving at Port Said in the evening where it anchored at…
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Containers
Ever Given weighs anchor and heads towards Europe
A ceremony was held in Egypt to mark an agreement on compensation for the fiasco, with the giant boxship now…
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Containers
Ever Given to depart Egypt on Wednesday
The giant boxship will finally leave Egypt on Wednesday 106 days after it entered the Suez Canal on a fateful…
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Operations
Sherine Naggar expands Egyptian service offering
Diverse Egyptian maritime concern A.K .Naggar & Co has broadened its service portfolio and now is able to provide repairs…
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Containers
Deal in principle reached on Ever Given
An agreement in principle has been reached over a compensation claim between the Suez Canal Authority (SCA) and the owners…
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Ports and Logistics
Maersk’s VC arm joins funding of Egyptian digital freight platform
Egyptian start-up Trella, a digital freight platform that connects truckers with shippers and freight loads, has raised $42m in a…
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Containers
Ever Given compensation verdict delayed again
Court proceedings to free the 20,388 teu have been put on hold for another fortnight as the ship’s owner and…
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Containers
Suez Canal Authority to blame for Ever Given’s high speed: UK P&I Club
The insurer of the giant, 20,388 teu has fired back in the ongoing compensation battle to get the ship freed.…
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Containers
Ever Given compensation battle stretches into June
A court hearing was postponed on Saturday as the two sides in the ongoing saga in Egypt edge closer to…
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Containers
Ever Given was travelling too fast: SCA
In the ongoing tit-for-tat between the Suez Canal Authority and Japanese owner Shoei Kisen over who was to blame for…
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Containers
Suez Canal boss says Ever Given can leave once a $200m deposit is paid
It’s been a busy weekend of back and forths between Japanese shipowner Shoei Kisen and the Suez Canal Authority over…
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Operations
Egypt details plans to widen and deepen the southern part of the Suez Canal
Egypt has this week announced plans to widen and deepen the southern part of the Suez Canal where the containership…
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