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Maersk is returning its MECL service to the Suez Canal
Good morning, friends. It’s a morning fit for regulators, with our three top stories connected by a common thread. The…
How the ECA’s new clearance system will decongest ports and slash fees
A new risk-based clearance system is rolling out classifying all incoming cargo into four distinct lanes for faster release times.
Egypt likely to dodge any direct environmental impact from adrift Russian LNG tanker
The Arctic Metagaz was abandoned earlier this month off Libya’s coast after allegedly being attacked by Ukrainian naval drones
The war creates an unexpected boom in exports to Europe, Africa
The USD 9 bn Gulf market is effectively shut, but new markets are requesting more Egyptian goods
Egypt builds a state-backed shipping bridge to East Africa
Plus: Tamweely gets an EGP 250 mn boost for youth lending
Suez Canal revenues hold steady in January
The Suez Canal recorded revenues of USD 496 mn in January, dipping a negligible 0.5% y-o-y compared to January 2020,…
A spot of good marketing
Attracting more shipping traffic to the Suez Canal needs “flexible marketing policies,” President Abdel Fattah El Sisi said yesterday, according…
US LNG carriers ❤ Suez Canal
Suez Canal beating out Cape as Panama alternative for US LNG shippers: The Suez Canal in recent weeks has been…
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