A freighter ran aground in the Suez Canal in Egypt on Monday, local media reported, citing the canal service company. “M/V Glory ran aground while joining a southbound convoy near Alaqantarah. Suez Canal Authority tugs are currently attempting to refloat it,” the company said on Twitter. According to the Canal …
Read More »Egypt: Suez Canal Authority to raise transit fees
Suez Canal Authority (SCA) announced plans to raise fees for ships passing through the Suez Canal by 15% in 2023. According to Ossama Rabiee, Chairman and CEO of SCA, transit fees for bulk carriers and tourist vessels will see a 10% increase. He also stated that the increase is inevitable …
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