Within days of it being officially announced, work on a second channel of the Suez Canal has apparently already begun and, according to Egyptian authorities, will be completed within a year.
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...
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.