Tag: Suez Canal

On 18 June, the Suez Canal marked a major milestone with the successful southbound transit of the CMA CGM OSIRIS, a French container ship weighing 154,000 tons.

Marine traffic through the Red Sea has increased by 60% to about 36–37 ships per day since August 2024, Rear Admiral Vasileios Gryparis, commander of the EU's Aspides naval mission, told Reuters.

The Panama Canal has witnessed a historic surge in container ship traffic during the first five months of 2025, setting a new all-time record for vessel crossings, according to Alphaliner.

The Suez Canal Authority (SCA) has issued a 15% discount on containership transit fees starting 15 May in an effort to attract traffic.

During a virtual meeting on 7 May, SCA and CMA CGM reviewed navigation policies of vessels in the Red Sea region.

U.S. President Donald Trump said on 26 April that American military and commercial ships should be allowed to travel through the Panama and Suez Canals free of charge.

On 16 April, the Suez Canal Authority celebrated its "Day of Excellence" unveiling a new ship waste collection service.

The Atlantic Council has delved into the critical importance of the Suez Canal as a vital artery of global trade in order to point out the need for enhanced security measures to ensure the waterway's smooth operation. 

The SCA Chairman met with the CEO of MSC to discuss the impact of the developments in the Red Sea region and ways of joint cooperation.

Egypt's Prime Minister Mostafa Madbouly held a meeting to review a proposed green hydrogen and ammonia production project in the Gulf of Suez.