Egypt Successfully Conducts Trial Run Of New Extended Channel Of Suez Canal
Dec 30, 2024 · The Suez Canal Authority said that the extension will allow 6 to 8 more ships to pass through daily and will help handle emergencies more effectively, improving the canal’s efficiency and safety. ... Egypt planned to expand the canal’s southern section and widen existing parts to prevent similar problems in future. The canal is 193 ...
Two tankers collided in Egypt's Suez Canal ... - Associated Press News
Aug 23, 2023 · CAIRO (AP) — Two tankers carrying oil products and liquefied natural gas collided in a single-lane stretch of the Suez Canal, briefly disrupting traffic through the global waterway before it was cleared, Egyptian authorities said Wednesday.
Egypt tests new extension of the Suez Canal | Arab News
Dec 29, 2024 · CAIRO: Egypt has tested a new 10-kilometer extension to the Suez Canal as it tries to minimize the impact of currents on shipping and increase the key waterway’s capacity. Two ships used the...
Suez Canal revenues plunge by 60 percent as Egypt faces …
Dec 27, 2024 · Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...
Suez Canal | AP News
Feb 13, 2023 · Two tankers collided in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway
Suez Canal diversions pile pressure on Egypt's distressed economy
Jan 18, 2024 · A sharp downturn in revenue after sea attacks by Yemen's Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt's already deteriorating economy,...
Egypt completes trial run of new Suez Canal channel extension
Dec 28, 2024 · Egypt said on Saturday it had successfully tested a new 10 km. channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Houthi terrorists began ...
Regional challenges cost Egypt around $7 bln of Suez Canal ... - Arab News
Dec 26, 2024 · The attacks have forced shipping firms to divert vessels from the Suez Canal to longer routes around Africa, disrupting global trade by delaying deliveries and sending costs higher.
Suez Canal Head Says Egypt Studying Further Expansion of …
Mar 4, 2024 · CAIRO (Reuters) - Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal's head said on Monday, a move that could allow for...
The incredible six mile extension that could transform the Suez Canal ...
3 days ago · Egyptian President Abdel Fattah al-Sisi said on Thursday (December 26) that the country had lost about £5.5billion ($7bn) in revenue from the Suez Canal this year, a drop of more than 60% on 2023.