A European construction consortium will begin work this year to expand the Suez Canal under a $1.5 billion contract from the Egyptian government announced on Saturday.
07 Jul 2014
The number of container ships passing through the Suez Canal in May was higher than in April but was down year-over-year for the 33rd straight month.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
07 Jan 2014
The Suez Canal Authority has invited 14 consortia to present plans to develop the waterway into a logistics and industrial hub.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
16 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in December and January.
12 Dec 2013
The Egyptian military has significantly beefed up security along the Suez Canal in recent months, both to show it’s serious about combating terrorism along the 120-mile long waterway and to protect one of the country’s most import sources of revenues.
15 Nov 2013
Maersk Line is reorganizing the eastbound port rotation of its Europe-Middle East 3 (ME3) Service connecting India, the Middle East and Europe, effective this month.
11 Nov 2013
The Suez Canal is steadily luring Asia-to-east coast of North America traffic from the Panama Canal thanks to the economies of scale it offers ocean carriers...