September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days ...

"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see ...

The business of shipping goods around the world has suffered shock after shock since 2000, culminating in the effective closure of the Red Sea and Suez Canal two years ago. Don’t say it too loud, but ...

Egypt has broken ground on an EGP 10.5 billion ($210 million) Atum Solar integrated manufacturing complex in Sokhna in the Suez Canal Economic Zone (SCZONE) in Egypt. The 200 m2 facility will comprise ...

Egypt has stepped up investment in port infrastructure nationwide. At Alexandria Port, a second floating storage and regasification unit (FSRU), Energos Power, with a liquefied natural gas storage ...

The U.S. Interior Department said Tuesday the National Park Service is going to start charging the millions of international tourists who visit U.S. national parks each year $100 per person to enter ...

A liquefied natural gas tanker that’s part of a shadow fleet of vessels that helps Russia skirt sanctions is heading toward the Suez Canal, after sailing back and forth in the North Atlantic earlier ...

Israeli liner operator Zim is preparing an operational plan to resume transits through the Suez Canal. Chief executive Eli Glickman told an earnings call today that crew, customer, cargo and vessel ...

A second sanctioned Russian-controlled liquefied natural gas carrier is on course to move into the Red Sea and Suez Canal after avoiding the passage on the outbound leg of its laden voyage to China.

The Suez Canal Economic Zone (SCZONE) secured a 30 billion Egyptian pound (approx. $634 million) long-term financing agreement with Commercial International Bank (CIB). The 17-year loan will fund the ...

CAIRO, Oct 29 (Reuters) - Egypt's Kemet Industries Group signed a memorandum of understanding with Emirati-Chinese Al Qalaa Red Flag group to build three industrial projects in Suez Canal Economic ...