Suez Canal Authority
Suez Canal fees to increase in May
Business
January 31, 2013
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
January 27, 2013
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
January 24, 2013
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
December 30, 2012
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
December 27, 2012
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
November 23, 2012
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
November 7, 2012
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
October 19, 2012
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
October 8, 2012
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
September 16, 2012
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…