September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days ...
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 ...
EMSTEEL Group opened Fastmarkets’ Middle East Iron and Steel Conference 2025 with a strong message on competitiveness, regional cooperation, and industrial decarbonisation. During the event, the Group ...
ABU DHABI, 17th November, 2025 (WAM) -- EMSTEEL Group marked a strong opening at Fastmarkets’ Middle East Iron & Steel Conference 2025 with a keynote address by Eng. Saeed Ghumran Al Remeithi, Group ...
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 canal authority reported that Egypt's Suez Canal revenue increased 14.2% between July and Octember, citing a calmer Red Sea following a ceasefire with Gaza, and an increase in traffic along the ...
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 ...