Suez Canal

UPDATED: Traffic in Suez Canal normal after ship breakdown dealt with- SCA

CAIRO, Jan 9 (Reuters) - Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the…

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Egypt’s Suez Canal to offer ships fuelling and catering services

CAIRO (Reuters) - Egypt's Suez Canal Economic Zone will offer new services to ships including fuelling and catering from the first quarter of 2023, state media quoted a Suez Canal…

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Suez Canal records highest ever monthly revenue in April

ISMAILIYA, Egypt, May 1 (Reuters) - Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on…

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Ukraine crisis has raised shipping transit fees -Suez Canal chairman

CAIRO, March 31 (Reuters) - The war in Ukraine has lead to an increase in shipping transit fees, Suez Canal Authority Chairman Osama Rabie told Asharq television on Thursday. The canal is…

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Egypt’s Suez canal to increase tolls by up to 10%

CAIRO, Feb 27 (Reuters) - Egypt's Suez Canal Authority said on Sunday it was increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1. The decision was…

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Egypt lengthening two-way portion of Suez Canal by 10 kilometres

NORTH OF SUEZ, Egypt (Reuters) - Egypt is working to improve the Suez Canal by making an additional 10 kilometres accessible to two-way traffic, while widening and deepening another 30 kilometres, the…

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Egypt’s Suez Canal to offer incentives for eco-friendly ships

DUBAI, Jan 3 (Reuters) - Egypt's Suez Canal Authority (SCA) plans to offer financial incentives for ships that follow environmentally friendly standards, Egyptian daily paper El Watan reported on Monday,…

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Suez canal authority aims to raise transit fees by 6% in 2022

CAIRO, Nov 4 (Reuters) - Egypt plans to raise fees by 6% on ships transiting the Suez Canal in 2022, the canal authority's chairman Osama Rabie said on Thursday. Tankers…

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UPDATED: Ever Given container ship begins exit from Suez Canal

The Ever Given, one of the world's largest container ships, resumed its journey to leave the Suez Canal on Wednesday, 106 days after becoming wedged across a southern section of…

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UPDATE – Settlement agreed to release ship that blocked Suez Canal

ISMAILIA, Egypt, July 4 (Reuters) - The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had…

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Agreement in principle reached over Suez Canal ship, says Stann Marine

A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached…

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Ship suffers engine trouble in Suez Canal

A container ship broke down in the Suez Canal on Friday but was refloated and repaired with no impact on traffic in the waterway, the Suez Canal Authority (SCA) said.…

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Ship owner says Suez Canal was at fault over Ever Given grounding- lawyer

The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel's detention and…

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Suez Canal starts dredging work to extend double lane

The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern section of the canal near to where a…

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Insurer of ship that blocked Suez Canal says reduced claim still high

CAIRO, May 10 (Reuters) - UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the…

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Evergreen studying scope of Egypt $916 mln court order over Suez ship

CAIRO, April 14 (Reuters) - Evergreen Line said on Wednesday that it is investigating the scope of an Egyptian court order to detain the Ever Given container ship which got…

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Suez Canal may expand southern channel, chairman says

The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said. It is also looking into procuring…

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Traffic slows in Suez Canal as tanker faces difficulties

Marine traffic slowed in the Suez Canal on Tuesday as oil tanker M/T Rumford appeared to face difficulties in the south of the canal, shipping websites MarineTraffic and TankerTrackers said. A trade source said that the canal notified companies that the M/T Rumford faced…

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Lloyd’s of London sees ‘large loss’ due to Suez Canal blockage

The blockage of the Suez Canal for nearly a week will result in a "large loss" for Lloyd's of London, its chairman said, as the insurance market recorded a 900…

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Suez Canal blockage: how cargo ships like Ever Given became so huge, and why they’re causing problems

The six-day blockage of the Suez Canal by a megaship named Ever Given came to an end on March 29 after salvage teams used dredging and tug boats to heave…

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Suez Canal must upgrade quickly to avoid future disruption – shipping sources

Egypt's Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to…

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Losses from Ever Given blockage of Suez Canal could reach $1 billion

The chairman of the Suez Canal Authority said, in an interview with Egypt’s Sada El-Balad TV, that losses and damages from the Ever Given blockage could reach around $1 billion.…

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Investigation begins into how ship got stuck on Suez Canal

Formal investigations into how the giant container ship Ever Given ran aground in the Suez Canal, shutting down shipping in the major global waterway for almost a week, begin on…

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Suez Canal works to clear backlog as shipping convoys resume

The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that…

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Ships on the move again in Suez canal

Ships were on the move again on Tuesday morning in Egypt's Suez canal after tugs refloated a giant container ship which had been blocking the channel for almost a week,…

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Photo Story – Ever Given container ship partially refloated in the Suez Canal

Handout photographs made available by the Syez Canal Authority shows the Ever Given container ship after it was partly refloated in the Suez Canal, Egypt, 29 March 2021. The head…

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UPDATED – Ever Given container ship stuck in Suez re-floated

The stranded container ship blocking the Suez Canal for almost a week was re-floated on Monday and is currently being secured, Inchcape Shipping Services said, raising expectations the vital waterway…

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In Pictures – Tugs, dredgers still struggle to free ship blocking Suez Canal

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway, while two sources said efforts had been complicated…

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Suez Canal head says president ordered preparations for lightening stranded ship’s cargo

President Abdel Fattah al-Sisi has ordered preparations for lightening the cargo of the giant container ship grounded in the Suez Canal, the head of the canal's authority told Egypt's Extra…

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Suspension of Suez Canal traffic deepens global container crunch

The suspension of traffic through the Suez Canal has deepened problems for shipping lines that were already facing disruption and delays in supplying retail goods to consumers, shipping sources said.…

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Ship blocking Suez Canal moves slightly, unclear when it will refloat

SUEZ, Egypt, March 27 (Reuters) - Efforts to dislodge a giant container ship blocking the Suez Canal had allowed its stern and rudder to move on Saturday, but it remained…

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Suez ship rescuers weigh time and tide with risk of tip or tear

The Dutch emergency response team hired to free the vast ship blocking the Suez canal has pulled off some dramatic recoveries, including lifting Russia’s Kursk nuclear submarine from the Barents…

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UPDATED: No success so far in dislodging mega vessel stuck in the Suez Canal

Attempts to refloat a giant container vessel stranded in the Suez Canal are to resume at around 14:30 local time (1230 GMT) to try to take advantage of the high…

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Ship stuck in the Suez Canal unleashes flood of Internet jokes

A giant ship has blocked the famous Suez Canal but opened up a torrent of memes and gifs lampooning the hapless container carrier, which has been jammed in the waterway…

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Suez ship congestion could delay 10 LNG deliveries to Europe

Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on…

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UPDATED: Suez blockage sets shipping rates racing, oil and gas tankers diverted away

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway as…

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Suez Canal suspends traffic as ship stuck like ‘beached whale’

A container ship blocking the Suez Canal like a "beached whale" sent new shockwaves through global trade on Thursday as officials stopped all ships entering the channel and the salvage…

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Tugs resume effort to clear Suez ship blockage; traffic jam builds

Efforts to dislodge a 400-metre long container vessel that has choked traffic along the Suez Canal resumed at high tide on Thursday, with five tugs working to drag the vessel…

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UPDATED: Giant container ship stuck in Suez Canal partially re-floated, port agent says

The giant container ship that has been blocking the Suez Canal for more than a day has been partially refloated and traffic along the fastest shipping route from Europe to…

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UPDATED:Tug boats working to free container ship stuck in Suez Canal

Eight tug boats are working to free a large container ship that got stuck in the Suez Canal amid high winds and a dust storm, canal authorities said on Wednesday.…

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Photostory: The USS Abraham Lincoln Carrier Strike Group leaves the Mediterranean

SUEZ CANAL: The Abraham Lincoln Carrier Strike Group transits the Suez Canal. The Abraham Lincoln Carrier Strike Group (ABECSG) is deployed to the U.S. Central Command area of responsibility in…

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