Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.
The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency.
(Reporting by Yusri Mohamed, writing Amina Ismail; Editing by Toby Chopra)
The first commercial vessel transited through a newly opened channel in the Port of Baltimore following the deadly collapse…
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday…
ClassNK has released a new tool, WAve Climate Data Aggregation for Ships (WACDAS), for calculating the route correction factors…
US Secretary of the Interior Deb Haaland has announced that the Bureau of Ocean Energy Management (BOEM) and the Bureau of…
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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