Egypt's Suez Canal revenue fell in November to $408.4 million from $449.2 million in October, data on the Suez Canal Authority's website showed on Wednesday.
The canal is the fastest shipping route between Europe and Asia and is one of the country's main sources of foreign currency. The November revenue was the lowest since February.
Reporting by Ehab Farouk
The United States has launched an investigation into alleged unfair practices within China's shipbuilding and maritime industries…
Norwegian shipyard Myklebust Verft has been selected to build a pair of innovative hydrogen-powered passenger ferries ordered…
Hapag-Lloyd and Seaspan Corporation announced plans to retrofit and convert five 10,100 TEU containerships powered by conventional…
“Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023.
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
As the maritime industry transitions to the updated SIRE 2.0 inspection regime from the familiar SIRE VIQ7 framework, operators are bracing themselves for a period of adjustment.
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
