Suez Canal Authority

Suez Canal fees to increase in May
Business

Suez Canal fees to increase in May

The Suez Canal Authority said Thursday it would increase fees up to 5 percent for the vital waterway as of…
Suez Canal official: Navigation unaffected by violence
Egypt

Suez Canal official: Navigation unaffected by violence

Ongoing clashes between security forces and demonstrators in cities close to the Suez Canal since Friday have not affected navigation…
Update: Ismailia protesters block train, marching band over Morsy visit
Egypt

Update: Ismailia protesters block train, marching band over Morsy visit

Dozens of revolutionary coalitions and political groups in Ismailia marched from the city's Mamar Square to areas affiliated with the…
Suez Canal hits highest daily shipload in a year
Egypt

Suez Canal hits highest daily shipload in a year

The Suez Canal on Sunday reached the highest rate of shipload in a year: 3.6 million tons per day, or…
Suez Canal Authority contemplates fee increase
Business

Suez Canal Authority contemplates fee increase

The Suez Canal Authority is considering increasing fees next year up to five percent, an authority source said Thursday. The…
Vessel breaks down in Suez Canal on one of busiest traffic days
Egypt

Vessel breaks down in Suez Canal on one of busiest traffic days

The Suez Canal has mended a Panamanian bulk vessel that broke down off the eastern shore of the canal on…
Suez Canal makes record revenue in two days
Business

Suez Canal makes record revenue in two days

Suez Canal Authority President Mohab Mamish said on Wednesday that the canal made record revenue of US$34.5 million in just…
Officials tout big plans for development in the Suez Canal
Business

Officials tout big plans for development in the Suez Canal

As Egypt struggles to emerge from a period of deep financial uncertainty, government officials are looking towards the country’s vital…
Deeper canal effluents will reduce waiting time, Suez official says
Egypt

Deeper canal effluents will reduce waiting time, Suez official says

Suez Canal Authority head Mohab Mamish said the deepening of the canal’s western effluents from 48 feet to 52 feet…
Egypt Suez Canal official sees stable revenue in 2012
Business

Egypt Suez Canal official sees stable revenue in 2012

Revenue from Egypt's Suez Canal will not fall this year from the US$5.2 billion it achieved in 2011, the head…
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