Suez Canal Authority, MSC discuss Red Sea stability, return to normal transit

The chairperson of the Suez Canal Authority (SCA), Admiral Osama Rabie, has discussed the impact of developments in the Red Sea region with Soren Toft, the CEO of Mediterranean Shipping Company (MSC), via video conference.

During the discussions, which took place amid ongoing disruptions to shipping in the Red Sea, Rabie highlighted a joint initiative to provide maintenance and repair services for some MSC vessels at the Port Said shipyard. Toft responded that MSC does not favor sailing via the Cape of Good Hope and is awaiting stability in the region to resume transits through the Suez Canal.