red sea

Egyptian president, Kenya defense minister discuss Red Sea crisis

Wed, 06 Mar 2024 - 12:02 GMT

President Abdel Fatah al-Sisi received Wednesday Kenyan Defense Minister Aden Duale.

SCA chief: Ship freight costs rose from $750 to $6,800 per container due to tensions in Red Sea region

Sun, 03 Mar 2024 - 07:20 GMT

In response to the crisis, the Suez Canal Authority has held meetings with various stakeholders to address disruptions in global supply chains. Efforts have focused on mitigating the impact of prolonged journey times via the Cape of Good Hope route and addressing the lack of ports and logistical services along this route.

Egypt’s FM, Yemeni counterpart discuss bilateral ties

Sun, 03 Mar 2024 - 05:11 GMT

Both ministers emphasized the robust relations between the two countries and underscored the importance of ongoing consultations to bolster various aspects of bilateral cooperation in light of regional developments and their impacts on the interests of both nations, Abu Zeid added.

Egypt's suspension of negotiations on Renaissance Dam due to Ethiopia's intransigence: FM

Sun, 03 Mar 2024 - 01:22 GMT

Minister of Foreign Affairs Sameh Shokry criticized Ethiopia's intransigence and neglect to the principle of good neighboring.

Japanese logistics company Mitsui OSK Lines sees Red Sea disruption to last up to 1 year

Wed, 07 Feb 2024 - 01:05 GMT

"Before the Red Sea disruptions, 2-3 ships used to pass through the Suez Canal daily... currently no ships of the company are passing through the canal," CEO Hashimoto said on the sidelines of India Energy Week in Goa

Egypt to extend submarine fiber optic cable with Central Europe, Balkans

Thu, 01 Feb 2024 - 06:01 GMT

That is within Egypt's plan to introduce five new international submarine cables in collaboration with international partners adding to the existing 14.

U.S. ambassador pays Egypt's Suez Canal official visit

Wed, 31 Jan 2024 - 05:36 GMT

U.S. Ambassador to Egypt Herro Mostafa Garg, who assumed office in November, paid the Suez Canal an official visit, meeting with Admiral Osama Rabie, the authority's chairman.

SCA Chief: Current crisis in Red Sea region calls for consolidated efforts to identify impacts on global supply chains

Mon, 29 Jan 2024 - 06:02 GMT

On his part, Mr. Guy Platten has expressed his appreciation of the SCA's efforts that are exerted towards achieving effective communication with all the key players in the maritime community. He emphasized the positive impact of communication on understanding the current conditions in the maritime transport market as well as the consecutive variables it witnesses.

SCA Chief, representatives of shipping lines and agencies discuss repercussions of Red Sea situation on maritime trade movement

Sun, 28 Jan 2024 - 07:44 GMT

Rabie stressed that the meeting was held to open direct channels of communication with all its clients to consult on the current situation in the Red Sea and Bab al-Mandab region and to discuss the proposed recommendations to enhance cooperation with the Suez Canal.

After Houthi attack: Suez Canal Authority repairs dry bulk carrier ZOGRAFIA in 4 days

Sun, 28 Jan 2024 - 01:14 GMT

It was hit on January while heading from Vietnam to Israel.

SCA Chief: Situation in Red Sea may exacerbate CO2 emissions

Thu, 25 Jan 2024 - 05:12 GMT

his meeting with Secretary-General of the International Maritime Organization (IMO) Arsenio Dominguez on Thursday via video conference, Chairman of the Suez Canal Authority (SCA) Admiral Ossama Rabie said that the current situation in the Red Sea region may exacerbate the harmful carbon emissions of vessels as they consume larger amounts of fuel when they take alternative routes.

Estimated $150M in losses of Suez Canal revenues caused by Red Sea skirmishes: Bloomberg economist

Tue, 23 Jan 2024 - 05:05 GMT

Shipping companies continue to select alternative routes to their destinations as Houthi attacks target Israel-linked vessels near the strategic Bab Al-Mandeb Strait in the Red Sea

Somali President: Relations with Egypt don't represent threat to any other party

Mon, 22 Jan 2024 - 06:26 GMT

“Egypt and Somalia have a long history of extended relations. Since our independence, Cairo has always been a prominent ally of ours in all fields and continues to support us in the fields of education, security, and defense, and we are working to deepen relations by establishing a council,” he said in an interview with Al Qahera News.

Suez Canal Authority announces its services to minimize Impact of current situation in Bab El-Mandab

Mon, 22 Jan 2024 - 03:08 GMT

Chairman and Managing Director of the Suez Canal Authority, Admiral Ossama Rabiee has announced the Authority’s readiness to cooperate with its client shipping lines and shipping agencies to minimize the impact of the current situation in the Red Sea

Sisi: Egypt will not tolerate any threat to Somalia

Sun, 21 Jan 2024 - 02:37 GMT

The president expressed opposition to Ethiopian acts.

Egyptian FM heads to Brussels to discuss with EU joint cooperation, regional crises

Sun, 21 Jan 2024 - 01:14 GMT

The minister will discuss Gaza War, armed conflict in Sudan, civil war in Libya, sovereignty breach in Somalia, and security in the Red Sea.

Partial blockage of route to Suez Canal may not significantly impact current FY, Moody’s

Thu, 18 Jan 2024 - 12:49 GMT

International ratings agency, Moody’s, believes that, while the partial Red Sea blockade is expected to impact Egypt's current account receipts through the canal’s authority

Reason behind Houthi attacks in Red Sea is not support to Gaza: military expert

Sun, 14 Jan 2024 - 03:54 GMT

Egyptian Military Expert Samir Farag said in a phone-in with TV Presenter Ahmed Mousa Saturday that the attacks of Houthis in the Red Sea were not an expression of support to the Palestinian Cause.

Developments in Red Sea are outcome of Gaza crisis: Egypt, China in joint statement

Sun, 14 Jan 2024 - 01:40 GMT

The Egyptian and Chinese foreign ministers issued a joint statement on the talks they held in Cairo Sunday on the Palestinian-Israeli conflict.

Egypt’s FM meets with US Senators in Cairo

Thu, 04 Jan 2024 - 11:23 GMT

On January 3, the Egyptian minister received an 8-member delegation from the US Senate and House of Representatives, headed by Senator Joni Ernst, who is visiting Egypt as part of a regional tour.

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