Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state information website said on Monday.
The waterway, the fastest shipping route between Europe and Asia, is one of Egypt's main sources of foreign currency.
A major expansion of the existing 145-year-old waterway is planned.
Reporting By Stephen Kalin
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India…
Singapore has launched OCEANS-X, a new data and application programming interface (API) eXchange platform developed by the…
Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to…
Rio Tinto has signed a contract with NS United Kaiun Kaisha (NSU) to charter two methanol-capable dual-fuel Newcastlemax…
DELIVERING UNDER PRESSURE FOR NEXANS’ CABLE-LAYING BARGEWhen Nexans’ cable-laying barge arrived at Stevens Towing’s Yonges Island Shipyard—late and with nearly four times the expected scope of
Military Sealift Command (MSC) offers outstanding benefits, a 4:2 rotation and paid upgrade training for both licensed deck and engine officers to advance their credentials.
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