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.
“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.
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.
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.
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.
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.
The president made the statements on Thursday during the inauguration of the Olympic Village of the Suez Canal Authority (SCA) in Ismailia city.
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.
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.
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.
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.
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.
As per the Suez Canal Authority’s (SCA) decision, ro-ro ships, heavy-lift ships, and car carriers will pay an additional fee of 7 percent of the normal transit fees.
Rabie said the Suez Canal enjoys several potentials which maximize its economic role as well as the well-experienced human cadres.
Rabie was updated on the latest technological innovations of Siemens International in the areas of development, digitization, and building smart cities.
Suez Canal Authority announced quickly refloating the CORAL CRYSTAL ship that ran aground on Thursday in the canal.
Secretary General of the Supreme Council of Antiquities (SCA) Mostafa Waziri said as many as 114 looted antiquities that were smuggled to France, are due to return home on Sunday, as part of the joint investigations launched by Egypt’s Prosecution and the French judicial authorities.
Rabie said the solution would satisfy both parties and includes resolving the issue without going to the court in order to preserve the interests of all parties.
The Egyptian Suez Canal Authority (SCA) denied, Monday circulated reports on arresting any of EVER GIVEN crew members
“We are working round the clock to end the traffic jam in the canal and a total of 113 vessels will cross the canal from 6:00 pm on Monday to 8:00 am on Tuesday"