Suez Canal – Asian News from UK

Red Sea Conflict Hits Trade, Suez Shipping Plummets

Majors in the shipping industry are temporarily stopping Suez transits as they search for other route…writes Arul Louis Sounding an alarm about the impact of the Red Sea conflict on the international

January 26, 2024

-Top News·Arab News·USA

Indian investors eye Suez Canal region as PM visits Cairo

Prime Minister Narendra Modi’s maiden visit to Cairo is happening later this week, reports Ateet Sharma Egypt will pitch the development axis of the Suez Canal region, which includes a number of

June 21, 2023

-Top News·India News

Egyp to hike Suez Canal transit fees in 2023

The authority said on Saturday that rising energy prices, freight rates, and daily charter rates for ships, predicted to continue next year, are the main reason for raising transit tolls …reports Asian

September 18, 2022

-Top News·Arab News

Suez Canal Adds $6.3 bn to Egypt in 2021

The revenues of Egypt’s Suez Canal in 2021 reached $6.3 billion, the highest in the waterway’s history…reports Asian Lite News In a statement on Sunday, Chairman of the Suez Canal Authority (SCA)

January 3, 2022

News·World·World News

Suez Canal revenue hits record high in 2021

The revenue of Egypt’s Suez Canal reached a record high of $6 billion in 2021, Chairman of the Suez Canal Authority (SCA) Osama Rabie said in a statement…reports Asian Lite News “Egypt’s

December 20, 2021

News·World·World News

Massive container ship freed from Suez Canal

The high tide on Sunday night helped to free the ship, reports Asian Lite News. A massive container ship which had blocked the Suez Canal since March 23 has been freed and

March 30, 2021

-Top News·Economy

Race against time to unblock Suez Canal

Around 10% of world trade flows through the canal, which is particularly crucial for the transport of oil, reports Asian Lite News. A giant container ship remained stuck sideways Friday in Egypt’s

March 26, 2021

-Top News·Arab News·UAE News