The Suez Canal’s major deepening project is just over the horizon as crews will start widening and dredging a 34-kiliometer strip in order to improve wait times for vessels using the canal.
08 Nov 2013
Is the Panama Canal losing its position as the dominant route for East Coast importers of cargo from Asia? Will it be able to regain the services it has been losing to the Suez route when it’s finally able to open its large new locks to post-Panamax ships at the end of 2015?
25 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
14 Oct 2013
Egypt has increased security along the Suez Canal after receiving threats that jihadists were planning attacks along the waterway, United Press International reports.
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
02 Oct 2013
A rocket fired by suspected al-Qaida terrorists at a Cosco Asia container ship as it transited the Suez Canal in August apparently hit a container crammed full of smuggled cigarettes...
23 Sep 2013
Hapag-Lloyd will launch a Black Sea Feeder service connecting Egypt’s Port Said with ports on the Black Sea and in Israel and Turkey.
01 Sep 2013
The container ship Cosco Asia was attacked while it passed through the Suez Canal on Aug. 31.
05 Aug 2013
The number of container ships passing through the Suez Canal experienced a drop of roughly 4 percent year-over-year in the second quarter of 2013, the smallest decline in six quarters. The canal has seen year-over-year decreases for the past seven quarters, but the pace of the decline has slowed for the past four quarters. The Suez also saw its first quarter-to-quarter increase since third quarter 2012.