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Suez Canal Authority Signs $2 Billion Deal to Establish Petrochemical Complex in Ain Sokhna In a major step toward enhancing Egypt’s industrial and maritime capabilities, the Suez Canal Authority (SCA) has signed a strategic partnership agreement with Anchorage Investments to develop a world-class petrochemical complex in Ain Sokhna, within the…

Green Seas Ahead: The Future of Sustainable Maritime Logistics A Greener Horizon for Global Shipping As global trade continues to grow, the maritime industry faces a pressing challenge how to reduce its environmental footprint while maintaining efficiency and reliability. At Ocean Ship, we are committed to advancing green shipping solutions that…

The Suez Canal Revives: Maritime Traffic Rebounds After Years of Decline The Suez Canal Authority (SCA) has announced the full recovery of vessel transits and maritime operations to pre-crisis levels following the ceasefire agreement between Israel and Hamas in Gaza. This marks a vital turning point for Egypt’s maritime sector,…

Weathering Global Challenges: The Resilience of Egypt’s Maritime Sector  In the maritime shipping industry, the selection of routes for crude oil transportation is a key determinant of operational efficiency and profitability. Two major passages dominate this global trade corridor: the Suez Canal, offering a shorter and faster route between Europe…

Securing a Global Trade Artery: The Suez Canal’s Strategic Role and Egypt’s Maritime Leadership  The Suez Canal is a critical conduit for international trade, connecting the Mediterranean and the Red Sea over 193 kilometers. Each year, more than $1 trillion in goods pass through the canal, which handles approximately 12–15%…

Egypt Expands Maritime Strength with the Launch of AZM 3 and AZM 4 Tugboats  In line with Egypt’s ongoing efforts to localize shipbuilding and strengthen its maritime industry, the Suez Canal Authority (SCA) has celebrated a new milestone with the launch of the tugboats AZM 3 and AZM 4, each…

Egypt’s Suez Canal Authority (SCA) has taken a major step toward establishing Egypt as a regional shipbuilding hub, after signing a landmark export deal with Italy’s NERI Group for two high-powered tugboats. The agreement, witnessed by SCA Chairman Osama Rabie, was signed between Misr Tugboats Factory, a subsidiary of the…

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