The Suez Canal's 10 km extension is now operational, enhancing its capacity to accommodate an additional six to eight vessels ...
Rabie has said that the extension project will increase the canal's capacity by between six and eight vessels per day ...
The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.
Spanning 300,000 square metres, the facility is designed to provide cost-effective, integrated supply chain solutions, ...
In his first term, President Donald Trump's first foreign trip was to Riyadh. His first phone call to a foreign leader in his ...
The UAE logistics company DP World announced Tuesday that 65 percent of the first phase of the logistics zone project in ...
Chairman and Managing Director of the Suez Canal Authority Osama Rabie said that implementation of waterway expansion plans "evidence readiness of canal authorities to meet all the requirements of the ...
Greek retail chain Jumbo Group has reported a 3 per cent increase in January sales for its stores in Cyprus, according to ...
DP World has reached a major milestone in the development of the Sokhna Logistics Park, with 65% of the first phase now ...
“While spot freight rates on the Asia-Europe routes have been softer of late and also on the Transpacific, positive sentiment ...
Container freight rates continue to fall but futures have rallied in expectation of a stronger-than-expected end to the year.
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.