Shipping & Logistics News
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5 things to know about the Suez Canal’s new 15% fee cut for mega ships
Here’s what you need to know about the decision, its context, and what it means for Egypt’s economy.
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Egypt’s Suez Canal offers 15% discount for big container ships to win back trade
The discounts will be applied for 90 days from Thursday on container ships that meet the standards, whether full or empty.
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Suez Canal mulls 15% discount on transit fees
Rabie anticipates the decision to be formally announced in the coming days following Egyptian President Abdel Fattah al-Sisi’s approval.
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PM affirms key role of NERIC factory in railway industry localization
The premier made the remarks during a tour of the East Port Said Industrial Zone and his accompanying delegation to inspect NERIC factory.
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KEZAD East Port Said unrelated to Suez Canal operations: SCZone
The zone lies within the larger East Port Said Industrial Zone, which spans 64 million square metres.
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Green Valley receives licence to launch smart electric passenger transport in Egypt
This is part of Egypt’s broader strategy to support the transition to green transportation and promote sustainable mobility solutions.
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SCZone, AD Ports Group partner to develop Egypt's KEZAD East Port Said Zone
The General Authority for Suez Canal Economic Zone (SCZone) and the Emirati AD Ports Group signed a 50-year renewable usufruct agreement.
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Egypt alone has sovereignty over the Suez Canal: Official sources
Official Egyptian sources have criticized the US President’s statements, describing them as another example of American bullying.
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Trump says US ships should be allowed to travel through the Suez canal for free
Egyptian MPs have described the statements as 'bullying'.
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Suez Canal economic zone with China brings in $3 billion
Egypt was one of the initial founders of the Bandung conference in 1955.
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Egypt to Receive First Velaro High-Speed Electric Train in August 2025
The Ain Sokhna–Alamein–Marsa Matrouh line marks the first phase of Egypt’s 2,000-kilometre high-speed rail network.
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Hexagon Purus Secures Hydrogen Storage Deal with Egypt’s MCV
The partnership kicks off with Hexagon Purus supplying high-tech hydrogen storage systems for MCV’s new hydrogen-powered buses.
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Suez Canal revenue collapse underscores global shipping volatility
Canal revenues shrank to $3.9 billion in 2024, down from a record $10.25 billion in 2023.
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Suez Canal Revenues Plunge 61 Percent due to global escalation
The number of ships passing through the canal was cut in half, with only 13,213 vessels recorded in 2024 compared to 26,434 the previous year.
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CMA CGM buys into Egyptian inland port
French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP).
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Egypt seals landmark agreement with U.S. firm to revamp railway
The contracts, signed Wednesday in Cairo, are expected to reshape Egypt’s rail network by modernizing 100 locomotives.
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Egypt and France Advance Transport Projects in Cairo
Egypt and France Boost Collaboration on Cairo Metro and Alstom Projects. This is reported by the railway transport news portal Railway Supply.
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166 ships reroute to Egypt's Suez Canal since February
The Suez Canal Authority (SCA) said Tuesday in a statement that 166 ships have switched back from the Cape of Good Hope route to the Suez Canal.
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Geopolitics, infrastructure and port congestion impeding Egypt’s project cargo sector
Last year presented a complex landscape for global logistics, marked by supply chain disruptions, inflationary pressures, and fluctuating fuel prices.
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Egypt incurs monthly losses of US$ 800 million
Sisi said that Egypt has been able to move forward with steady and measured steps despite the challenges it has faced.