Shipping & Logistics News
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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.
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NAT, Emirates NBD Egypt ink EGP 3 bln deal to support public transportation
This financing agreement aligns with Egypt's Vision 2030, which focuses on economic growth.
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State-of-the-art cranes for new multipurpose terminal in Egypt
AD Ports Group is investing AED 193 million in three ship-to-shore (STS) cranes, and six hybrid rubber tyred gantry (RTG) cranes.
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Suez Canal Authority Head asserts no alternative route to replace the Suez Canal
Disruptions in the Red Sea due to attacks have not created a sustainable alternative route to replace the Suez Canal.
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DP World Launches First Auto Export Shipment from Egypt’s Ain Sokhna Port
This initiative positions Ain Sokhna Port as an emerging automotive export hub, supporting Egypt’s ambitions to expand its role.
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Why DP World's Sokhna logistics zone is vital for Egypt’s trade
This project is more than just another logistics facility, it’s a key driver for economic transformation, industrial growth, and trade integration.
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DP World nears opening of $80m logistics hub in Egypt
The facility, 10km from Sokhna Port on the western coast of the Gulf of Suez, will support industries such as agriculture, pharmaceuticals, and others
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Egypt makes the largest railway order in the history of Hungary
The Hungarian railway vehicle industry has received its largest ever international order from Egypt, a great development opportunity for Hungary.