Latest news and articles about suez canal from NEX English
The Egyptian Ministry of Transport announced a significant increase in container traffic at its ports, with 17,288 vessels received in 2025, marking a 6.6% rise from the previous year. The ports handled 11.1 million TEUs, reflecting the government's efforts to position Egypt as a regional transport hub.
The French military showcased an exciting scene of the aircraft carrier 'Charles de Gaulle' crossing the Suez Canal with accompanying ships on its way to the southern Red Sea. The time-lapse video highlights the significance of this military event.
The Suez Canal has announced the enhancement of its trade route with MSC through Saudi Arabia, providing a strategic alternative to the Strait of Hormuz. This logistics project has garnered significant attention from Israeli media, viewing it as a pivotal shift in global shipping networks.
The Suez Canal Authority announced the launch of the supply and service vessel 'Fakhr 1', reflecting the increasing commercial activity in the region. This initiative comes at a critical time to enhance maritime transport capabilities in the Suez Canal.
The Suez Canal Authority has announced the launch of the integrated supply and service vessel 'Fakhr 1' as it prepares to join its maritime fleet. This new vessel represents a qualitative addition aimed at enhancing the authority's capabilities in supporting maritime activities.
On Sunday, the giant cruise ship <strong>MSC EURIBIA</strong>, one of the largest ships in the world, successfully crossed the Suez Canal on its maiden voyage. The vessel, which departed from the UAE, is heading to Malta after passing through the Bab el-Mandeb Strait.
Egyptian Prime Minister Mustafa Madbouly announced a strategic project aimed at making Egypt a leading regional hub for grain and oil trading and storage in North Africa and the Middle East. This initiative reflects the government's new economic directions.
Suez Canal Technology Company has proposed a profit distribution of <strong>1.13 billion pounds</strong> to shareholders for the fiscal year ending last February. The proposal includes cash dividends of <strong>13 pounds</strong> per share.
The Egyptian president has issued a new presidential decree aimed at enhancing the role of the General Authority for the Suez Canal Economic Zone. This decision reflects the government's commitment to supporting economic development and increasing investments in the region.