Archives des Maritime transport - Ecomnews Med

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Egypt: Suez Canal Authority to demand over $ 1 billion…

Between March 23 and 29, 2021, the Suez Canal was blocked due to the grounding of the container ship Ever Given. Faced with this situation, which has cost the world economy hundreds of millions of dollars, the government has embarked on a policy of improving the capacity of the canal.

Tuesday 6 April 2021
Egypt: Suez Canal Blockage Will Cause Big Losses for Insurance…

Tuesday 30 March 2021
Alert: The shortage of container ships is weakening trade in…

Wednesday 10 February 2021

Egypt wants to invest 1 billion dollars to modernize Suez Canal

In fiscal year 2020-2021, Egypt will spend 1 billion dollars on Suez Canal modernization and extension projects. In particular, the measure will allow the updating of Canal Authority (SCA) equipment, with a view to increasing the capacity of this infrastructure.

Friday 2 October 2020