Osama Rabie announced on Monday the start of the maiden voyage of the integrated petroleum supply and services vessel Fakhr 1, in preparation for its entry into the authority’s marine fleet following ...
While the world’s largest ocean carriers are by and large continuing to avoid the Red Sea, the operator of the Suez Canal stated its case for a future return. The Suez Canal Authority held a meeting ...
CAIRO (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into ...
Rabie assumed his current role at the SCA through a presidential decree in 2019. The number of ships passing through the Suez Canal increased by 17.6% to reach about 26,000 ships in the 2022/23 fiscal ...
CAIRO, Jan 12 (Reuters) - Dollar revenues from Egypt's Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ...
The SCA was established in 1956 to manage, maintain, and improve the Suez Canal’s operations, reporting directly to Egypt’s Prime Minister. The company employs 14,000 people. It reported revenues of ...