SCA

Suez Canal Authority Head asserts no alternative route to replace the Suez Canal

Wed, 19 Feb 2025 - 04:03 GMT

Rabie met with Gérard Mestrallet, French President Emmanuel Macron’s special envoy for the IMEEEC, earlier today to discuss potential areas of collaboration.

SCA Head meets with Panama Ambassador to discuss cooperation, facilitate trade

Wed, 12 Feb 2025 - 03:17 GMT

Rabie highlighted the significance of collaboration amid global geopolitical and environmental challenges affecting maritime transport. He reaffirmed the SCA’s dedication to working with international partners to boost operational efficiency and facilitate trade.

SCA Head reassures major shipping companies, promotes return to Suez Canal trade route

Sun, 02 Feb 2025 - 12:22 GMT

In a meeting with representatives from 23 prominent maritime companies, Rabie shared his optimism about the region’s recovery

SCA Chief: Suez Canal faces challenges amid regional geopolitical situation

Thu, 05 Dec 2024 - 02:57 GMT

Addressing current security challenges, Rabie explained the importance of flexible responses, including direct communication with all partners and stakeholders. He noted that Egyptian military diplomats abroad must be well-informed about the challenges facing the Suez Canal in relation to the regional geopolitical situation.

Photos: Enormous DOURADO barge makes historic crossing through Suez Canal after expansion

Fri, 08 Nov 2024 - 12:26 GMT

The crossing of the barge took nearly 24 hours and required complex navigational arrangements, the SCA chief says

Egypt promotes maritime collaboration with Saudi Arabia: SCA

Thu, 12 Sep 2024 - 12:38 GMT

Rabie confirmed that Egypt is implementing an integrated strategy to encourage yacht tourism in the Suez Canal.

Presidential decree extending appointment of SCA Chairman for one year

Mon, 12 Aug 2024 - 01:30 GMT

Egypt’s President Abdel Fattah El Sisi issued Resolution No. 327 for year 2024, extending service of Chairman of the Board of Directors and Managing Director of the Board of Directors of the Suez Canal Authority (SCA) Osama Rabie for a period of one year starting Monday August 12, 2024.

Suez Canal transit receipts drop by 7.4% in first 9M of FY23/24 amid Houthi attacks: CBE

Tue, 09 Jul 2024 - 02:34 GMT

The number of transiting vessels dropped by 11.5 percent, with net tonnage passing through the canal falling by 15.6 percent to close the first 9 months of the fiscal year at 944.9 million tons

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 - 01:57 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 - 04:53 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 - 05:14 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.

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