The Strait of Hormuz, the vital waterway that links the Persian Gulf to the Indian Ocean, has held global attention since the United States and Israel launched a war on Iran over five weeks ago. In ...

Egypt is offering temporary discounts on Suez Canal transit fees for certain large vessels, in an effort to boost traffic through the strategic waterway following a fragile ceasefire agreement between ...

Egypt said on Saturday that it will increase transit fees for vessels, including oil-laden tankers, passing through the Suez Canal, one of the world's most crucial waterways. The Suez Canal Authority ...

Egypt cut fees for some vessels crossing the Suez Canal, seeking to revive the critical trade route after the US agreed to a ceasefire with Yemeni militants attacking Red Sea shipping. Container ships ...

Egypt’s Suez Canal announced increasing the fees for vessels utilizing the canal's electronic services to $300, up from $50, effective 1 September 2024. The fees for electronic services will be raised ...

Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees. His statement came after revenue from the strategic canal continued to plunge ...