Suez Canal Authority

Egypt incurs losses of about $10.5 billion in Suez Canal revenues due to regional instability

Sat, 04 Jul 2026 - 01:56 GMT

During a joint press conference with European Commissioner for the Mediterranean Dubravka Šuica, Egyptian Foreign Minister added, "We discussed ensuring freedom of navigation in accordance with the rules of international law, and we held constructive and frank discussions on ways to enhance economic and investment relations between Egypt and the European Union."

President El-Sisi briefed on Suez Canal transit rates for 2025/2026 FY

Sun, 28 Jun 2026 - 03:02 GMT

He also directed officials to maintain the highest quality standards, keep to the established project timelines, enforce occupational safety and health requirements, and ensure ongoing training for technical staff.

Suez Canal Authority Chairman, Irish Amb discuss joint cooperation enhancement

Sun, 14 Jun 2026 - 09:53 GMT

Rabie further indicated that the authority is actively advancing its ambitious strategy to develop the navigational channel and upgrade its maritime fleet, ensuring the highest standards of maritime safety and security.

Suez Canal witnesses first transit of giant container ship CMA CGM VENDÔME

Tue, 09 Jun 2026 - 07:23 GMT

Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, announced that the giant container ship CMA CGM VENDÔME transited the canal on Tuesday on its maiden voyage. The vessel was part of the northbound convoy, traveling from France to Malaysia.

Egypt inaugurates Al-Nasr Floating Bridge 2 to ease traffic bet. Port Said & Port Fouad

Wed, 03 Jun 2026 - 09:18 GMT

Located 170 metres from the existing floating bridge, the new structure is designed to ease congestion and improve mobility between the two cities, with a combined capacity of up to 25,000 vehicles per day across both bridges.

Suez Canal Authority relaunches floating hotel ‘Kasr Ibrim’ in Aswan behind High Dam

Fri, 15 May 2026 - 06:57 GMT

In a recorded statement, Amr Lashin noted that Aswan currently hosts more than 150 floating hotels, including eight operating behind the High Dam. He added that the presence of a specialized maintenance and repair center in the area is expected to encourage further tourism investment and support the growth of the sector in Upper Egypt.

Suez Canal Authority Chief: Over 1,300 ships transit canal, generating $449M in revenue since start of 2026

Mon, 09 Feb 2026 - 08:27 GMT

Rabie noted that this represents an increase compared to the same period last year, when 1,243 vessels with a total net tonnage of 47 million tons transited the canal, generating revenues of $368 million.

Suez Canal Authority: ‘FENER’ located outside canal jurisdiction, no action without formal request

Thu, 29 Jan 2026 - 05:37 GMT

The Suez Canal Authority is closely monitoring the environmental conditions in the area where the vessel is located and confirms that there are currently no environmental risks or fuel leaks. This is particularly significant given that the cargo vessel FENER is carrying a shipment of salt and operates on light diesel fuel rather than heavy fuel oil, which considerably reduces potential environmental impact. Additionally, the vessel’s relatively small fuel tank capacity further limits environmental risk.

Suez Canal Authority rescues FENER vessel crew after distress call north of Port Said

Wed, 14 Jan 2026 - 09:29 GMT

The SCA’s maritime rescue teams responded swiftly to a distress call from the vessel’s master in the early hours of Wednesday, after the ship developed a dangerous list of about 10 degrees to starboard and was at risk of sinking.

Suez Canal navigation unaffected by vessel grounding near Port Said: SCA

Wed, 14 Jan 2026 - 08:13 GMT

The incident took place in the western anchorage area north of Port Said, approximately five miles west of the canal’s northern entrance in the Mediterranean Sea.

Egypt, Japan sign EGP 1 Bln grant agreement to finance construction of DSV for Suez Canal Authority

Sun, 28 Dec 2025 - 03:10 GMT

The vessel measures 45 meters in length, 10 meters in width, with a draft of 4.5 meters and a total displacement of 620 tons. It has a maximum speed of 12 knots and accommodation capacity for 29 personnel. Construction will take place entirely in Japan using advanced technologies, under the supervision of the Japanese engineering and construction company NK, and in compliance with Safety of Life at Sea (SOLAS) requirements.

Suez Canal witnesses return of giant container ships as CMA CGM BENJAMIN FRANKLIN transits

Sat, 08 Nov 2025 - 01:33 GMT

The massive vessel, operated by the French shipping line CMA CGM, measures 399 meters in length, 54 meters in width, and has a draft of 13.5 meters. With a net tonnage of 177,000 tons and a capacity of 17,859 containers, it is the largest container ship to transit the canal in the past two years, the statement added.

Maritime rescue forces free ‘Komander’ oil tanker after grounding in Suez Canal

Tue, 28 Oct 2025 - 07:26 GMT

Chairman of the Suez Canal Authority, Lieutenant General Osama Rabie, said that navigation through the canal is going smoothly in both directions and was not affected by the grounding of the KOMANDER oil tanker that took place on Tuesday.

Suez Canal Authority reviews progress of ‘Antipollution Egypt’ in pioneering green transformation

Thu, 18 Sep 2025 - 04:36 GMT

Since its official launch in May 2025, Antipollution Egypt has serviced 2,516 vessels and safely collected 6,600 cubic meters of waste, underscoring the project’s early success and operational efficiency.

Suez Canal chairman honors Captain Walaa Hafez for breaking Guinness World Record on longest underwater dive

Sun, 17 Aug 2025 - 01:53 GMT

Suez Canal Chairman (SCA) Admiral Osama Rabie honored Captain Walaa Hafez for breaking the Guinness World Record for the longest underwater dive carried out by a quadriplegic . Hafez stayed for more than 6 hours at the depth of 5 meters, according to a statement issued by the SCA on Sunday.

President Sisi extends term of SCA Chairman Osama Rabie for one year

Mon, 11 Aug 2025 - 06:20 GMT

Last year, President Sisi externed Rabie’s term for one year. On August 17, 2019, President Sisi appointed Rabie as Chairman of the Suez Canal Authority (SCA), succeeding Admiral Mohab Mamish.

Egypt’s president appoints new financial advisor, vice chairman of Suez Canal Authority

Thu, 03 Jul 2025 - 02:38 GMT

The president also issued a decree appointing Ashraf Ibrahim Atwa Megahed as Vice Chairman of the Board of Directors of the Suez Canal Authority.

President Sisi meets Chairman of Suez Canal Authority

Mon, 12 May 2025 - 12:39 GMT

President Abdel Fattah El-Sisi met with Chairman of the Suez Canal Authority Admiral Ossama Rabiee, and CEO of the South Red Sea Shipyard Company, Mostafa El-Degeishy.

Suez Canal Authority Chief: US/Yemen ceasefire announcement key factor in reducing maritime safety concerns

Fri, 09 May 2025 - 02:05 GMT

Rabie stated: “We call on all shipping lines to seriously consider evaluating their sailing schedules and the possibility of gradually resuming the transit of some of their vessels through the region.”

Suez Canal Authority Chairman meets Argentine ambassador in Cairo

Mon, 05 May 2025 - 12:24 GMT

Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, received on Monday, The Argentine Ambassador to Cairo Holger Martinsen.

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