Suez Canal

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Suez Canal offers extra discount to dry bulk vessels

The Suez Canal Authority (SCA) has moved towards additional discounts concerning dry bulk vessels operating between American and Asian ports after thinking of new changes in the global shipping market and the global economy.

Yard management system accomplishes new levels of efficiency at SCCT

The Navis N4 Expert Decking Module, the system which automates yard planning, has resulted in major efficiencies in yard and quay operations at APM Terminals’ Suez Canal Container Terminal (SCCT). The system is used to automate planning by distributing containers throughout the yard based on predefined rules. Typically yard planning is extremely time-consuming, costly and inaccurate. 

Plan moves forward for maritime oil waste reception unit in Port Saïd

Under the auspices of the French and Egyptian governments and on the occasion of the State visit of President Macron in Cairo, French Ecoslops and Suez Canal Economic Zone took another step towards the implementation of a collection, reception and treatment unit of maritime oil wastes, after a feasibility study in January 2018.

Suez Canal’s revenues decrease by 8.8% in November

Egypt’s Suez Canal revenues fell in November, down around 8.8 % from October’s revenues as data showed from the cabinet’s website published on January 15. Although the Suez Canal reached the second highest daily traffic ever recorded on January 2 with 72 vessels with an overall tonnage of 5.1 million tons sailed through the canal, the revenues experienced a decrease. 

Suez Canal reports second highest traffic

Traffic on the Suez Canal reached the second highest daily traffic ever recorded on January 2, Suez Canal Authority Chairman Mohab Mamish informed. Specifically, 72 vessels with an overall tonnage of 5.1 million tons sailed through the canal. 33 vessels passed through the canal coming from the north and 39 from the south.

Suez Canal conducts one of the most challenging passages

On Tuesday, December 25, 6 highly trained and well experienced pilots and 5 large tugs of the Suez Canal Authority (SCA) carried out one of the most difficult transits this year as they navigated a giant floating production storage and offloading (FPSO) unit through the canal.

Suez Canal extends toll discounts for crude oil tankers

The Suez Canal Authority (SCA) has decided to extend discounts regarding oil tankers to another year due to the recent developments of the shipping industry and the global economy. This periodical shall be applicable to crude oil tankers sailing from “origin ports” from the 1st of January 2019 till the 31st of December 2019.

Five ships collide at Suez Canal

A total of five ships collided in the Suez Canal, on July 15. Namely, the container ship ‘Aeneas’ experienced an engine failure and stopped, causing three bulk carriers Panamax Alexander, Sakizaya Kalon and Osios David to collide as they weren’t able to stop. A little later, the container ship NYK Orpheus hit Panamax Alexander.

Tanker damages hull after scrapping bottom in Suez Canal

The Okeanis crude oil tanker ‘Kimolos’ sustained damages to its hull after contacting bottom while transiting Suez Canal on July 13. Okeanis Eco Tankers informed that there were no injuries or pollution from the incident. The vessel continued its transit under its own power, heading to a safe anchorage.

Suez Canal amends rules to increase LNG carrier transits

The Suez Canal Authority announced an increase on the allowed level of cargo residues on LNG tankers, in a bid to encourage more of these vessels to transit the Suez Canal. This move came as part of the SCA’s efforts to strengthen competitiveness compared to other shipping routes. 

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