The Suez Canal traffic statistics for October recorded the return of 229 vessels, marking the highest monthly rate of returning vessels since the beginning of the Red Sea crisis

The Suez Canal activity retreated by 52% year on year (YoY) in fiscal year (FY) 2024/2025 amid continued global uncertainty and the geopolitical tensions in the region, the Ministry of Planning, Economic Development, and International Cooperation announced.

Egypt’s Ministry of Transport has signed a new contract with Chinese shipbuilder Hantong Shipyard to construct two KAMSARMAX dry bulk vessels for the National Navigation Company, reinforcing the country's efforts to revitalize its commercial fleet and position itself as a regional logistics hub.

The Suez Canal Authority (SCA) successfully managed the grounding of the RED ZED 1 diving vessel in just 60 minutes with no injuries or human losses reported.

US President Donald Trump proposed that American military and commercial ships be granted free passage through both the Panama Canal and the Egyptian Suez Canal.

Chairman of the Suez Canal Authority (SCA) Osama Rabie announced the start of the actual operation of the Suez Canal duplication project within the southern sector, enhancing navigation for global trade.

Traffic through the Suez Canal is expected to gradually return to normal by late March, with a full recovery anticipated by mid-2025, provided the ceasefire in Gaza continues.

The Suez Canal Authority (SCA) announced the successful trial operation of the Suez Canal doubling project in the Bitter Lakes.

The Holding Co for Maritime and Land Transport and the United Company for Industry signed a foundational agreement to establish the first-ever ship scrapping project in the Arab region.

Egypt has leased a third floating gasification unit to meet growing domestic energy demands and supply natural gas to Jordan.

The Egyptian government has required foreign ships frequenting at Alexandria Port to use low-sulfur fuel, effective May 1, 2025.

Egypt’s Holding Company for Maritime and Land Transport and El Wehda Industrial Development have signed a memorandum of understanding (MoU) to implement the country’s first ship scrapping and recycling project.

The Suez Canal Authority (SCA) will grant dry bulk ships operating between Egypt’s Red Sea ports and South-West African ports rebate on transit fees ranging between 20% and 45%.

The vessel, owned by Maersk, has been supplied with 500 tons of the green fuel by the barge Lara S, which belongs to the global service provider OCI, which works in the field of supplying ships with green fuel.

The Suez Canal Authority (SCA) will impose additional dues on vessels transiting the Suez Canal carrying floating units on deck as of July 1st.

The Suez Canal Economic Zone (SCZONE) has announced the arrival of bunkering service vessels at Port Said port that would start operations within days.