Revenues from the Suez Canal stood at $434.8 million in January, the state news agency said on Saturday, down from $445.5 million in December.
The fastest shipping route between Europe and Asia is one of Egypt's main sources of foreign currency.
A major expansion of the 145-year-old waterway is planned. (Reporting by Omar Fahmy; Writing by Yara Bayoumy; Editing by Alison Williams)
The first commercial vessel transited through a newly opened channel in the Port of Baltimore following the deadly collapse…
The U.K. on Thursday said its Royal Navy had shot down a missile fired by the Iran-backed Houthis from Yemen targeting a…
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a contract for the supply of cargo handling system for a new 12…
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
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.
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