SCA chief: Suez Canal Museum to preserve, document canal's history

Sat, 30 Mar 2024 - 12:45 GMT

"The museum will remain a memory for the canal and a witness to what it has gone through," Rabie added.

Egyptian SCA Chief, Minister of Transport discuss ways to localize the shipbuilding industry

Sat, 03 Feb 2024 - 09:32 GMT

Both officials made an inspection tour of the Suez Marine Shipyard Company, one of The Authority’s affiliated companies, to follow up on the progress of work and determine the results of the company’s comprehensive development plan, the statement said.

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.

Suez Canal’s dollar revenues drop 40% amid Red Sea tensions: SCA

Sat, 13 Jan 2024 - 06:33 GMT

During the first 11 days of January, the number of ships crossing the canal decreased by 30 percent to 544 ships, and the tonnage transversing the canal decreased by 41% compared to the previous year.

Egypt announces up to 15% increase in transit fees for select vessels

Tue, 17 Oct 2023 - 02:57 GMT

Additionally, the Suez Canal Authority, in a navigational circular, approved a 5 percent increase in regular transit fees for dry bulk cargo ships, general cargo ships, and roll-on/roll-off ships, among others.

Strategic fee changes announced by Suez Canal Authority to boost competitiveness

Tue, 17 Oct 2023 - 05:53 GMT

The newly approved rate hikes are targeted towards several vessel types.

Photos: Navigation through Suez Canal back to normal after broke-down tankers towed: SCA

Wed, 23 Aug 2023 - 06:14 GMT

Navigation through the Suez Canal has been back to normal after tugboats managed to tow the two tankers that slightly collided and broke down in the global waterway, disrupting traffic.

Dredging work to expand, deepen Suez Canal’s southern sector nearing completion

Thu, 13 Apr 2023 - 08:13 GMT

88 percent of the dredging work to expand and deepen the southern sector of the Suez Canal has been completed, Chairman of the Suez Canal Authority (SCA) announced on Thursday.

SCA Chief: New Suez Canal contributes to increasing daily transit rate

Mon, 13 Mar 2023 - 09:50 GMT

“The [digging of] new Suez Canal was a correct vision, and the crossing of this large number of ships would not have taken place in the old canal only […] the new Suez Canal opened new horizons,” he said in comments to AlHayat Al Youm talk show on Al Hayat T.V.

Photos: Egypt’s Suez Canal sees all-time highest daily transit rate Monday: SCA chief

Mon, 13 Mar 2023 - 10:20 GMT

The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement.

Port Said: World’s largest floating book fair starts receiving visitors

Fri, 06 Jan 2023 - 09:42 GMT

The Suez Canal Economic Zone (SCZONE) announced Thursday that the world's largest floating book fair "Logos Hope" started to receive visitors willing to get acquainted with its collection of international books.

Suez Canal Authority fund not backdoor for selling the canal: SCA

Thu, 22 Dec 2022 - 10:58 GMT

The canal and its management will remain wholly owned by the Egyptian state and subject to its sovereignty, and the entire staff of the Canal Authority, including employees, technicians and administrators, will remain Egyptian citizens.

US CENTCOM commander hails Egypt’s vision to develop Suez Canal in meeting with SCA chief

Mon, 12 Sep 2022 - 04:05 GMT

Kurilla affirmed the importance of the Suez Canal as a vital lifeline for the entire world as he held a meeting on Monday with Osama Rabie, chairman of the SCA, during the former’s visit to Egypt.

Sisi warns of malicious campaigns to cast doubts on Egypt’s development achievements

Thu, 08 Sep 2022 - 12:42 GMT

The president made the statements on Thursday during the inauguration of the Olympic Village of the Suez Canal Authority (SCA) in Ismailia city.

Sisi urges developing Suez Canal Authority’s efforts to localize fishing vessels industry

Sat, 03 Sep 2022 - 06:36 GMT

In a meeting with SCA Chairman Osama Rabie, Sisi ordered developing these efforts to produce fishing boats that are used locally by fishermen in Egyptian lakes that have been developed, including Lake Manzala.

Egypt's Suez Canal achieved unprecedented revenues worth $7 bln this year - SCA chief

Sun, 07 Aug 2022 - 01:46 GMT

In a phone interview with the Sada El Balad channel, Rabie noted this year's revenues increased from 10% to 25% compared to 2021, describing the new figures as good and unprecedented in the canal's history.

Photos: Egypt’s Suez Canal sees its first FPSO transit as Energean Power crosses the trade route

Fri, 03 Jun 2022 - 03:48 GMT

The vessel was towed and directed by four tugboats belonging to the canal and carrying a team of senior SCA guides, Chairman of the Suez Canal Authority (SCA) Osama Rabie said.

Ships transiting Suez Canal increased by 10% this year: SCA chief

Fri, 20 May 2022 - 01:00 GMT

The number of ships transiting the Suez Canal has increased by 10 percent until May this year compared to the same period last year, Suez Canal Authority Chairman Osama Rabie said.

Mammoth Ever Arm vessel crosses Suez Canal on its maiden voyage

Fri, 15 Apr 2022 - 01:15 GMT

The Suez Canal international route witnessed on Thursday the crossing of the mammoth Ever Arm vessel on its maiden voyage heading to the port of Rotterdam in the Netherlands from Malaysia.