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).
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...
Saudi Arabia’s Al-Suwaidi to build €492.5 million industrial complex in Suez Canal Economic Zone
Ain Sokhna, Egypt (PortSEurope) December 11, 2018 – Saudi Arabia’s Al-Suwaidi Industrial Development Company has signed an agreement with the Suez...
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...
New Horizon Tank Terminal to build liquid bulk terminal in West Port Said
Suez, Egypt (PortSEurope) December 10, 2018 – The Suez Canal Authority has signed an agreement with New Horizon Tank Terminal for the construction of a...
Suez Canal denies media reports about selling 49% of economic zone to another Arab country
Suez, Egypt (PortSEurope) December 7, 2018 – The Suez Canal Authority has denied media reports that the Egyptian government sold 49% of the Suez Canal...
Suez Canal not to lift transit fees in 2019
Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Authority has no intentions to increase the transit fees for 2019, in order to keep its...
French Parliament delegation visits Suez Canal Authority
Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Authority has received a senior delegation from the National Defense Committee and the Armed Forces...
Suez Canal not finalising talks with DP World for Ain Sukhna development
Suez, Egypt (PortSEurope) December 5, 2018 – Suez Canal Economic Authority spokesperson Hind Fathi has denied reports about the launch of a joint project...
Suez Canal revenues rise 6.8% year-on-year in October
Suez, Egypt (PortSEurope) December 3, 2018 – Suez Canal revenues rose to $506.1 million (€445.9 million) in October from $473.9 million (€417.5...
Suez Canal to invest €9.8 million in West Port Said berths upgrade
Suez, Egypt (PortSEurope) November 26, 2018 – Egypt’s Suez Canal Economic Zone has allocated EGP 200 million ($11.2 million/€9.8...
Suez Canal eyes cooperation with Asian Infrastructure Investment Bank
Suez, Egypt (PortSEurope) November 21, 2018 – Egypt’s Suez Canal Economic Zone is looking forward to cooperating with the Asian Infrastructure...
Suez Canal to facilitate investments in Africa
Suez, Egypt (PortSEurope) November 21, 2018 – Suez Canal Authority aims to focus its efforts into facilitating investments in Africa, the president...