The Latest Breaking News from Suez Canal

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the Canal Authority's Chairman Osama Rabie said on Saturday. Transit fees for bulk and tourist ships will be raised by 10%, Rabie added. The fee increase will be applied starting Jan 1, 2023. Rabie…

Egyptian President Abdel Fattah el-Sisi praised the Gulf support for his country, especially during the periods that followed the upheavals in January 2011 and June 2013. Sisi’s comment came during the inauguration of projects in the Suez Canal Authority on Thursday. In his speech, the Egyptian president said that Saudi…

Suez Canal’s authority sent five boats to get the wedged vessel Affinity V floating again

An oil tanker briefly became stuck in Egypt's Suez Canal on Wednesday night, officials announced, raising fears that last year's major blockage of the global maritime route could be repeated. The Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", a security source told AFP, adding that…

Tanker blocked canal for hours, close to where Ever Given container ship became stuck, disrupting supply chains for a week

The Suez Canal Authority says two tug boats were able to refloat the oil tanker, with a rudder malfunction causing the 252-metre vessel to become wedged in the lane.

Tug boats refloated an oil tanker that was briefly stranded in Egypt's Suez Canal late on Wednesday after to a technical fault with its rudder, the Suez Canal Authority (SCA) said.

A major recovery effort was put in place to free a 64,000-tonne oil tanker that ran aground on the Suez Canal sparking fears that there could be a repeat of the Ever Given disaster for shipping

Traffic passing through Egypt's Suez Canal on Saturday reached an all-time record per day in the canal's history with 89 ships carrying a total net tonnage of 5.2 million tons passing through both directions. Suez Canal Authority (SCA) Chairman Osama Rabea said in a statement that a total of 44…

Egypt’s Suez Canal revenue reached $704 million in July, Canal Authority Chairman Osama Rabea said on Tuesday. The figure represents a 32.4% increase from the same month last year, when the canal only recorded $531.8 million. The canal is the fastest shipping route between Europe and Asia and one of…

The US Navy will for the first time reward individuals for providing information that leads to the seizure of illicit cargos such as illegal weapons or narcotics in waters across the Middle East, it said on Tuesday. The US Naval Forces Central Command (NAVCENT), which is headquartered in Bahrain and…