Al-Wazir inaugurates glass factory, lays foundation stone for new appliance plant at Elaraby Group    New expansion projects, public-private partnerships to modernize, localise industry: El-Shimy    A blaze that exposed Egypt's fragile digital backbone    Al-Sisi attends high-level African summit to strengthen continental coordination, regional integration    Egypt, Mexico discuss environmental cooperation, combating desertification    Egypt launches anti-drug awareness campaign for drivers    Germany faces recruitment hurdles in push to rearm, eyes conscription    HDB expands national footprint with 'Acacia' branch in New Cairo    Lavrov warns against anti-Russia alliances in Asia during North Korea visit    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    S. Korea's c. bank holds base rate at 2.50%    Egypt's annual core CPI inflation eases to 11.4% in June: CBE    Egypt's EDA, Haleon discuss local market support    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    Egypt, Pakistan boost healthcare ties – Cabinet    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Egypt condemns deadly terrorist attack in Niger        Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Suez Canal Authority eyes surge in traffic following improved Red Sea security
Published in Amwal Al Ghad on 07 - 05 - 2025

The Suez Canal Authority (SCA) is stepping up efforts to revitalise maritime trade through the critical waterway, following recent positive developments in the security situation in the Red Sea region. The authority is engaging directly with major shipping lines to discuss the potential impact of improved stability on canal traffic.
In a move to strengthen ties with global shipping partners, SCA Chairman Osama Rabie held a video conference with top officials from CMA CGM, the French shipping giant. The talks focused on future collaboration and the revision of navigation policies in light of the recent ceasefire agreement in Yemen, which has reduced tensions in the region.
"The improving security conditions in the Red Sea are a significant opportunity," Rabie said in a statement. "This offers a chance to rethink our sailing policies and restore seamless navigation through both the Red Sea and the Suez Canal."
The Red Sea, which serves as a key route for global shipping, has been marred by security challenges in recent years, impacting shipping operations in the region. However, the recent reduction in conflict following the US-backed ceasefire in Yemen has sparked optimism that stability is on the horizon.
During the meeting, Rabie highlighted CMA CGM's pivotal role in canal traffic, noting that the company ranked first in container ship tonnage transiting the Suez Canal in the first four months of 2025, contributing 19 per cent of the total container traffic.
Rabie also expressed appreciation for the long-standing partnership between the canal and CMA CGM, which has continued to operate through the waterway despite regional security concerns. The authority's proactive stance on capitalising on the improved security conditions signals its commitment to maintaining the Suez Canal as a global trade hub.
With trade routes in the region facing increasing scrutiny, the Suez Canal Authority's efforts to ensure smooth passage through the waterway could further enhance Egypt's standing as a key player in global logistics.
Attribution: Amwal Al Ghad English


Clic here to read the story from its source.