Tag: Suez Canal Authority

Shipping traffic was flowing normally on Egypt's Suez Canal on Wednesday, until two tankers,  briefly collided in the canal.

The Suez Canal Authority (SCA), in an effort to enhance its competitive advantage, is offering discounts for LNG carriers crossing the canal. 

The Suez Canal Authority (SCA), in an effort to enhance its competitive advantage, is offering discounts for product tankers crossing the canal between US Gulf and Caribbean Ports and Asia.

On Sunday, oil tanker Seavigour broke down in a single-lane section of Suez Canal, causing a brief disruption on the global waterway.

Adm. Ossama Rabiee, Suez Canal Authority’s Chairman announced that navigation through the Canal has recorded an unprecedented record number in terms of daily transits achieving the highest number of vessels transiting the Canal by 107 vessels from both directions with a net tonnage amounting to 6.3 million tons with no waiting time.

On March 5th, the Suez Canal Authority (SCA) succeeded in its efforts to refloat the grounded container ship MSC Istanbul and the vessel has resumed its journey.

Bahri, the national shipping company of the Kingdom of Saudi Arabia, has signed a non-binding renewable six-month agreement with the Suez Canal Authority with the view to create a joint Egyptian shareholding company to offer maritime transportation services in the Egyptian market.

The International Chamber of Shipping and Egypt’s Suez Canal Authority have re-signed an agreement covering key issues impacting international shipowners and operations of the Suez Canal.

Egypt's Suez Canal Authority has announced its intention to raise canal tolls by up to 10% for laden and ballast vessels beginning March 1.

The Suez Canal Authority has issued new resolutions on the Suez Canal transit tolls that are to be applied in 2023. The tolls regard all types of vessels by 15% during 2023 while the increase is at 10% for dry bulk ships and cruise ships as of the beginning of January of next year.