Latest in Tag: SCA Highlight
Latest in Tag: SCA

International Chamber of Shipping, SCA sign MoU to enhance cooperation
The agreement focuses on safety, pricing, and decarbonisation, among other priorities.

Suez Canal revenues reach $6.3bn, with 1.27 billion net tonnage in 2021: SCA
Suez Canal accounts for 15.7% of global seaborne grain trade

Ever Given container ship makes new compensation offer in dispute with SCA
The ship blocked the Suez Canal for a week in March, causing a massive back-up in international trade and billions in losses. It has been anchored in a lake between two stretches of the canal since it was dislodged on 29 March.

EGP 10bn expansion of El Sokhna Port underway: Mamish
DP World Sokhna boosts its production by $8.4m worth mobile cranes

Egypt targets to raise Suez Canal’s revenues by $1bn
The Suez Canal Authority (SCA) targets to raise the Suez Canal’s revenues by $1bn, according to Mohab Mamish, the chairperson of SCA. He added on Wednesday during a seminar held by the Canada Egypt Business Council (CEBC) on investment in the Suez Canal Economic Zone (SCZone), that the canal achieved revenues worth $600m during the …

Government signs contracts with 6 companies in SCZone worth EGP 3bn
A factory will be opened in December, will cost EGP 5.5bn, and will produce 830,000 tonnes of billet, 550,000 tonnes of steel bars

SCA to complete $25m project to develop waterway monitoring, security
Sources at the SCA said the project costs up to $25m and consists of two main parts.

SCA signs settlement with Mashreq Petroleum to withdraw concession lands
Lands are allocated to establish a terminal for storage and handling of liquid casting products and ships provision with fuel

SCA, Chinese delegation discuss establishment of industrial zone in Suez Canal Axis
The colonel explained the phases of establishing the new Suez Canal Axis Development project, including the advantages of its establishment in world trade services, as well as its role in the development of the canal region.

Large number of funds, little information reduces citizens’ turnout to donate: Experts
Farhet Misr Fund should be subject to supervision by Central Auditing Organization (CAO), says banking expert Basant Fahmy

Canal Zone project entrusted to the SCA
International consulting firms and investors await the government’s announcement of the commencement of the Suez Canal development project

Suez Canal toll fees rise
Chairman of Suez Canal Authority attends COMESA meeting

Suez Canal revenues reach $398.5 million
Buying and selling Suez Canal ‘a joke’, says Morsi to Al-Jazeera