Suez Canal Authority
The signing ceremony was attended by Admiral Osama Rabie, the statement added, noting that Rabie hoped that this cooperation help localize the tourism yacht industry as it was directed by President Abdel Fattah El-Sisi.
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.
Egyptian President Abdel Fattah El-Sisi has extended the tenure of Osama Rabie as chairman of the Suez Canal Authority (SCA) for another year effective from 12 August, the Official Gazette has reported.
The fund aims to contribute to the sustainable economic development of the Suez Canal Authority facility and its development through the optimal use of its funds, in accordance with the best international standards and rules to maximize its value.
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.
The new application aims to facilitate movement for the citizens and domestic shipping between the two banks of the canal in the three governorates of Port Said, Ismailia and Suez, he added.
In comments to local media, Abu Bakr said that Egypt has obtained appropriate compensation and a modern locomotive as part of the compensation.
The Suez Canal Authority (SCA) will hold, on Tuesday, a big celebration to mark the first anniversary of the authority’s success in refloating the Panama-flagged ship Ever Given.
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.
Suez Canal Authority announced quickly refloating the CORAL CRYSTAL ship that ran aground on Thursday in the canal.
Egyptian President Abdel-Fattah El-Sisi on Sunday followed up on the performance and activity of the Suez Canal Authority as well as the projects in the canal’s economic zone (SCZone) and the joint efforts to develop the canal’s economic axis.
The giant container vessel that ran aground in Egypt’s Suez Canal and blocked trade for six days before it could be re-floated reached Port Said as it is returning from Europe to south eastern Europe.
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.
Bernhard Schulte Shipmanagement (BSM), the ship-manager of the containership EVER GIVEN said that three of the crew members were granted permission by the Suez Canal Authority (SCA) to leave the ship.
“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"
“We are most grateful to the Suez Canal Authority and all the concerned parties for their assistance and support through this difficult and unfortunate situation,” Evergreen Line said in a statement.
President Abdel Fattah al Sisi said, Monday that Egyptians succeeded to end the crisis of aground vessel EVER GIVEN despite the enormous technical complexity that surrounded the process.