The chairman of the Suez Canal Authority told Arabiya TV on Monday that the 6% increase in canal fees from February will boost annual revenue by $400 million.
Revenue from the canal in 2021 was hit by a six-day disruption when the container ship Ever Given got stuck in the canal in March, halting traffic in both directions.
(Reporting by Moataz Mohamed; Editing by David Goodman )
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Austal Philippines has delivered a 32-meter catamaran to Rottnest Fast Ferries, less than twelve months after commencing construction in Balamban…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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