Latest in Tag: suez canal Highlight
Latest in Tag: suez canal
273 ships cross Suez Canal with 14.86m tonnes cargo within six days
The average number of ships that traversed the canal per day was 45.5, with an average cargo of 2.48m tonnes
A new global trade centre
Following the New Suez Canal’s rapid completion, SCZone aims to position Egypt as a world-class hub for business, commerce, and industry
SCZone signs MOU with Spanish alliance to develop East Port Said industrial area
The alliance will consult on power, desalination of water and residential projects worth €8bn
310 ships transited Suez Canal during last week, total load of 18.53m tonnes
The average load per ship was 59,800 tonnes whereas the week before the average was 57,000 tonnes
312 ships transited Suez Canal with total load of 17.77m tonnes last week
About 153 ships transited the canal south; the daily average was 21.7 ships and a total load of 8.3m tonnes of cargo, with a daily average of 1.185m tons.
144 ships transited Suez Canal in 3 final days of last week
However, 144 ships transited the canal, carrying a total load of 8.5m tonnes, during the last three days of last week.
EGP 2tn size of the Egyptian banking sector by the end of 2015: Fayed
The size of the Egyptian banking sector was EGP 2tn by the end of 2015, according to Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed
302 ships transited Suez Canal during last week
The ships transited with total loads of 17.38m tonnes
No decrease in income tax in Suez Canal Economic Zone investments: Salman
No studies to decrease the tax in the Suez Canal Zone were presented to the government
308 ships transited Suez Canal with total load of 18.081m tonnes last week
Cargo load is the main measure of shipping traffic in the Suez Canal and the calculated transit fees.
Suez Canal registers revenues of $5.176bn in 2015, down by 5.3%
Payloads also increased by 3.7% to $998.7m net tonnes in 2015 compared to 962.7m net tonnes in 2014, an increase of 36m net tonnes.
275 ships transit Suez Canal with total load of 15.98m tonnes
In July 2015 before the inauguration of the New Suez Canal, the average daily number of transiting vessels was recorded at 47 vessels, with an average load of 2.758m tonnes per day.
330 vessels transited Suez Canal in last week of 2015
Suez Canal Data reported a revenue decline to $408.4m in November compared to $449.2m in October
Suez Canal traffic data for the week of 18 December
The average per ship load was estimated at 55,300 tonnes.
Google releases search database statistics for Egypt
2015’s year in search: Suez Canal and electro chaabi among most searched terms
321 ships transited Suez Canal from 11-17 December
Revenues declined to $408.4m in November compared to $449.2m in October
Suez Canal revenues fall to $408.4m in November, marking 7.7% annual decline
Revenues record decline for third consecutive month since inaugurating the new canal because of decline in the number of vessels, decline of international currencies against the dollar
348 ships transited Suez Canal last week, with an increase of 8.75%
The average load per ship was 56,553 tonnes, compared to 56,567 tons during the previous week.
Suez Canal announced as economic zone
Former minister Ahmed Darwish to head Suez Canal economic zone
320 ships transit Suez Canal, with an increase of 1.3%
Average per ship load reached 56,567 tonnes, compared to 60,404 tonnes during the same period last year.
316 ships transit Suez Canal last week, with 6.5% decline
Cargo load is the main measure of shipping traffic in the Suez Canal, on which fees for the transit are calculated.
338 ships transit Suez Canal last week, 5% increase
The average load of each ship amounted to 57,363 tonnes, compared to 56,566 tonnes during the period of comparison.
Suez Canal certificates safe in spite of NBE and Banque Misr rates: Analysts
Analysts ruled out that the owners of the Suez Canal investment certificates, in the segment of EGP 1,000 and its multiples, would refund these certificates to purchase the ‘Platinum Certificate’ and the ‘Certificate of the Top’ issued by the National Bank of Egypt (NBE) and Banque Misr, which have an interest rate of 0.5% more …
Bolloré seeks to develop transit mechanisms in Suez Canal
Bolloré plans to expand in Africa, as transferring goods from Egypt to any country in Africa requires various transport routes, says Masson
322 ships transited Suez Canal last week, with a decline of 5.3%
Average load per ship reached 56,566 tonnes, compared to 55,200 tonnes during the period of comparison.
Suez Canal traffic data reports from last week
340 ships transit Suez Canal, with total load of 18.8m tons in past week
Suez Canal revenues fell despite increase in vessels
Suez Canal Authority revealed a 4.5% decrease in September 2015
Suez Canal revenues fall by $21m YoY in September
$448.8m was achieved last month, number of ships declined from previous month, says Suez Canal Authority
New CBE governor must balance between inflation, exchange rate, interest rates: Expert
The Egyptian pound will not rise because of a new governor, says Abdel Aal
31 investment requests submitted to SCA: Mamish
President Abdel Fattah Al-Sisi will provide details for Suez Canal Development Project by next week, Zaki noted.