Tag: Suez Canal
Suez Canal Transit Fees To Be Increased
Egypt plans to raise fees for ships departing through the Suez Canal by 15 percent in 2023, the canal authority's chairman Osama Rabie stated....
Record Breaking Ship Crossings in Suez Canal
Suez Canal sets record for daily ship crossings. About eighty-nine ships passed through this canal in Egypt on August 9, 2022. The vessel transported...
Egypt Expects Suez Canal Revenues to Hit $7B by 2022
Egypt anticipates earnings from the Suez Canal to surpass $7 billion by the end of the current fiscal year, according to Finance Minister Mohamed...