The Suez Canal has, for the first time in two years, seen the transit of the mega container ship CMA CGM JACQUES SAADE, one of the world's largest vessels, indicating that the French Group's fleet has fully resumed operations.

Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, announced a new phase in the return of major shipping lines to transit the canal. Today, the canal saw the transit of the large LNG-powered CMA CGM JACQUES SAADE, the largest in two years, along with the CMA CGM ADONIS and the MAERSK SEBAROK, marking the full resumption of the French Group's vessels and the first MAERSK vessel since a strategic partnership. Rabiee highlighted these developments as results of the Authority's marketing efforts and urged other shipping lines to resume their voyages, expecting traffic to gradually return to normal levels in the second half of the year.

Date : 25-12-2025

Hapag and NCL Secure Major Brand Contracts for E-Fuel Container Shipping!

A major buyers alliance, ZEMBA, including brands like Amazon, Patagonia, IKEA, and Nike, awarded its second low-emission container shipping tender to Hapag-Lloyd and North Sea Container Lines. The project promotes the use of alternative low-emission fuels, specifically e-methanol and e-ammonia, with Hapag-Lloyd deploying e-methanol on trans-oceanic routes and North Sea using the world’s first ammonia-powered containership for regional trade. ZEMBA, with 50 members, aims to abate around 120,000 metric tonnes of GHG emissions starting in 2027 by aggregating demand to support the development and scaling of these fuels. Hapag-Lloyd, which previously won a similar tender, plans to use five large ships for the project and is committed to decarbonizing with green methanol and biomethane. North Sea is building the ammonia-fueled Yara Eyde for regional routes. The initiative seeks to create market momentum for scalable, low-carbon e-fuels, encouraging vessel operators to adopt these emerging technologies.

Date : 21-12-2025

Clippership Finishes Design of Autonomous Wind-Powered Vessel, to be Constructed by KM Yacht-builders!

Clippership has finalized the design and secured a construction contract for its first 24-meter autonomous, wind-powered cargo vessel, built by Dutch shipyard KM Yachtbuilders. The vessel features twin foldable rigid wings for wind propulsion, a cargo capacity of up to 75 Euro-pallets, and is designed for open-ocean navigation. It will be classified as a “General Cargo Ship – Powered Sailing Ship” with Wind Assisted Propulsion System notation, sailing under the Maltese flag. Launch is planned for late 2026, with commercial operations starting soon after on transatlantic, Caribbean, and South American routes. The design involved Dykstra Naval Architects and Glosten, with construction in the Netherlands. The ship’s autonomous systems and wing design are developed in-house to ensure safety and efficiency.

Date : 21-12-2025

Maersk Executes First Red Sea Transit Since December 2023!

Maersk has successfully completed its first transit through the Red Sea and Bab el-Mandeb in two years, marking a cautious step toward resuming regional operations. The voyage, conducted by the smaller Maersk Sebarok between December 18-19, was described as a trial, with high safety measures in place. This follows pressure from the Suez Canal Authority and signals a tentative move toward re-establishing transits, though no firm plans are in place yet. The company remains cautious due to security concerns after recent incidents involving attacks and near-misses by Houthi forces, which led to temporary suspension of Red Sea transits for Maersk. CMA CGM has continued limited transits under protective escort and plans to restore routes soon. Industry experts expect a gradual return to normal, potentially reducing shipping demand by about 10% due to shorter transit times.

Date : 21-12-2025

In The Year Of Openings 2025, The Deputy Prime Minister For Industrial Development And The Chairman Of The Suez Canal Economic Zone Attended The Trial Operation Of The Red Sea Container Terminal At The Sukhna Port.

In 2025, Egypt marked a major milestone with the trial operation of the Red Sea Container Terminal (RSCT) at Sukhna Port, making it the largest and newest container terminal in the region. Led by Deputy Prime Minister Kamel El-Wazir and officials from the Suez Canal Economic Zone, the project involves advanced automation, large quay cranes, and capacity to handle up to 3.5 million containers annually, supporting Egypt’s goal to become a key global logistics hub. The event included the arrival of the first ship, unveiling of the terminal’s capabilities, and recognition by Guinness World Records for the port’s depth. The development reflects significant efforts by the Egyptian government to expand port infrastructure, attract investments, and enhance trade, especially amid regional and global challenges.

Date : 20-12-2025

With Investments Of $220 Million... The Deputy Prime Minister For Industrial Development And The Chairman Of The Suez Canal Economic Zone Witness The Laying Of The Foundation Stone For The (Atum Solar - ATUM Solar) Complex In Sukhna.

The Deputy Prime Minister for Industrial Development and the Chairman of the Suez Canal Economic Zone attended the foundation-laying ceremony for the Atum Solar complex in Sukhna, Egypt. The $220 million project spans 200,000 sqm and includes factories for solar cells, panels, and energy storage, with a total capacity of 5 GW. It aims to generate 850 jobs, export solar products globally, and enhance local manufacturing by using local materials. Officials emphasized Egypt’s strategic focus on developing green energy industries, increasing local content, and positioning the country as a global hub for sustainable energy production through infrastructure development and international partnerships.

Date : 20-12-2025

With Investments Of 150 Million Dollars… The Head Of The Suez Canal Economic Zone Attends The Laying Of The Foundation Stone For The "GenVax" Vaccine And Pharmaceutical Factory.

Mr. Waleed Gamal El-Din, Chairman of the Suez Canal Economic Zone, today laid the foundation stone for GENNVAX, Egypt’s largest vaccine and biologics factory, located on 50,000 m² in the Sukhna Industrial Zone. The project, with $150 million in investments, will produce 29 vaccines and serums to serve the local market and export regionally. It aims to strengthen Egypt’s pharmaceutical industry, reduce reliance on imports, and support national health security. The project is part of the zone’s broader strategy to promote industrial and technological localization. The event was attended by senior officials, diplomats, and industry representatives, emphasizing the zone’s focus on expanding healthcare manufacturing and attracting investments.

Date : 20-12-2025

With Investments Exceeding $70 Million, The Suez Canal Economic Zone Witnesses The Laying Of The Foundation Stone For The Shin Min Glass Factory In The Sukhna Industrial Zone.

The Suez Canal Economic Zone held a ceremony to lay the foundation for the Shin Min Glass Factory in Sukhna, developed by Al Suweidi. Covering over 163,000 square meters with investments exceeding $70 million, the project aims to produce 516 million glassware items annually and create over 3,000 jobs. The first phase, costing over $30 million, is set to begin operations in July 2026. This strategic industrial project boosts the zone's manufacturing capacity and enhances its role as a hub for specialized investments.

Date : 20-12-2025

During His Participation In The Regular Meeting Of The Damietta Port Authority's Board Of Directors, The Head Of The Maritime Transport And Logistics Sector Inspects The National Projects Currently Underway At The Port.

The visit by the Head of the Maritime Transport and Logistics Sector to Damietta Port, following a board meeting, focused on inspecting key ongoing national projects such as the "Tahya Masr" container terminals, logistical zones, and breakwaters. Accompanied by port officials, the tour aimed to evaluate project progress, ensure adherence to schedules, and support the strategic development of the port as a vital hub for trade and logistics, in line with national objectives to enhance port efficiency and competitiveness regionally and internationally.

Date : 19-12-2025

Admiral Rabiee met with the UN Secretary-General's Special Representative for Disaster Risk Reduction to explore opportunities for joint cooperation.

During his official visit to Egypt, Adm. Rabiee met with the UN Secretary-General's Special Representative for Disaster Risk Reduction to discuss joint cooperation efforts. Rabiee highlighted the recent recovery in Suez Canal traffic and the importance of the Sharm El-Sheikh Peace Summit in restoring stability in the Red Sea region, which has positively impacted maritime navigation. The meeting covered SCA’s safety measures, infrastructure upgrades—including a 28% increase in navigational safety from the southern sector development—and efforts to enhance maritime safety and logistics. Mr. Kishore praised the Suez Canal as a vital, sustainable trade route and expressed hope for continued peace and stability to restore normal maritime navigation. The visit included a tour of the Canal to observe its achievements firsthand.

Date : 19-12-2025

Admiral Rabiee Attended The Signing Of A Memorandum Of Understanding (MoU) With The Namibian Ports Authority To Collaborate On Port Development And Training Initiatives.

Adm. Rabiee announced readiness to begin cooperation with the Namibian Ports Authority to explore new markets and enhance African engagement. The MoU signed aims to promote bilateral cooperation in maritime construction, sales, chartering, and advanced maritime training. Adm. Rabiee highlighted the Suez Canal Authority's efforts in international projects, including the successful reopening of Libya's Port of Sirye. Mrs. Nangula Hamunyela emphasized that the partnership reflects strong Egypt-Namibia relations and will support Namibia’s port development by leveraging SCA’s expertise and technology. The agreement was signed by key officials from both authorities during a visit that included inspections of maritime units and training facilities.

Date : 18-12-2025

The Head Of The Suez Canal Economic Zone Witnessed The Signing Of A Contract To Establish A Metal Industries Factory With Investments Over $7 Million In Sukhna.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, attended the signing of a contract for MUSA’AI Metal Industries (MIFRA) to establish Egypt’s first factory producing metal door handles, locks, and accessories. Located in Sukhna with over $7 million in investments, the project will create 200 jobs, start production in early 2027, and produce millions of handles and locks annually using eco-friendly technologies. The initiative aims to support local manufacturing, reduce imports, and boost Egypt’s exports in line with Vision 2030. The zone's leadership emphasized its role in attracting advanced industries and fostering a favorable investment environment.

Date : 10-12-2025

CMA CGM to Resume Initial Shipping Route via Suez and the Red Sea.

French carrier CMA CGM is preparing to become the first major shipping company to resume service on a route passing through the Red Sea and Suez Canal. While industry experts anticipate a gradual return, many emphasize that progress will be cautious and contingent on ensuring crew and vessel safety. CMA CGM plans to restart its INDAMEX route via the Suez Canal in 2026, reducing transit time by two weeks and deploying vessels between Sri Lanka, India, Jeddah, and U.S. East Coast ports. The company has been testing Suez Canal transits with larger ships recently, highlighting opportunities for safer passage. However, the overall volume of ships using the canal remains significantly lower than pre-conflict levels, and ongoing security concerns, including potential attacks and incidents like recent skiff shootings, continue to pose risks. Industry leaders like Maersk and Hapag-Lloyd expect a slow, cautious return, with insurance costs and security assessments playing crucial roles in the timeline.

Date : 07-12-2025

The President Of The Suez Canal Economic Zone Held Meetings With American Tech, Energy, And Infrastructure Leaders To Strengthen Cooperation And Attract Investments.

Mr. Walid Gamal El-Din, head of the Suez Canal Economic Zone, continued his U.S. tour with high-level meetings in Washington. He discussed cooperation in digital transformation with ServiceNow, manufacturing and market access with Rivian Automotive, and investment opportunities with American and international companies across various sectors. He also explored green energy prospects with the U.S. Energy Association, AI and port digitization with NVIDIA, water desalination with AquaTech, and security solutions with Rapiscan Systems. These efforts aim to attract strategic investments and strengthen the zone’s role as a regional industrial and logistics hub.

Date : 06-12-2025

The President of the Suez Canal Economic Zone is continuing his promotional tour in Washington, D.C. with intensive meetings with major economic entities, following successful discussions in New York.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, completed his first U.S. promotional tour with successful meetings in New York and Washington. He discussed investment opportunities in pharmaceuticals, energy, logistics, and automotive sectors with major companies like Merck and participated in strategic roundtables with firms such as SpaceX and Lucid Motors. He highlighted the zone’s strategic location, infrastructure, and incentives to attract global investors. Additionally, he engaged with legal and business organizations, emphasizing the zone’s readiness for investment and economic development. He also held a key meeting with Blumberg Grain to explore grain silo and cold chain projects at East Port Said Port, with the company planning a visit to Egypt to advance the project.

Date : 05-12-2025

The President of the Suez Canal Economic Zone Participated in a Round-table with BCIU & HSBC on his Second Day in the U.S. During his First Promotional Tour.

Mr. Walid Gamal El-Din, head of the Suez Canal Economic Zone, continued his U.S. promotional tour with meetings in Washington. He participated in a roundtable organized by the Business Council for International Understanding, discussing investment opportunities, infrastructure, and incentives in the zone. He highlighted the zone’s strategic location, facilities, and success stories amid global challenges. He also held a session with HSBC leaders, emphasizing the zone’s role as a manufacturing and logistics hub and the importance of international financial support for attracting high-value investments.

Date : 05-12-2025

SHI Launches ‘Samsung Remote Operation Center’ at Evergreen’s Taiwan Headquarters.

Samsung Heavy Industries has inaugurated the Samsung Remote Operation Center (SROC) at Evergreen’s headquarters in Taipei, Taiwan. This marks the first collaboration between a shipbuilder and a shipping company, showcasing advanced smart ship operation and autonomous navigation technologies. The company successfully tested autonomous systems on Evergreen’s container ship, including real-time monitoring and remote maintenance over a 10,000 km route. Certification for the remote operation system was obtained from Japan’s NK classification society. Evergreen plans to expand remote monitoring to more ships, enhancing efficiency and safety. The partnership aims to develop remote inspection technologies and prepare for the era of autonomous ships, positioning Korea as a leader in this field.

Date : 03-12-2025

On His Inaugural Promotional Visit To The United States, The President Of The Suez Canal Economic Zone Engages With Leading American Companies In New York To Foster Collaboration In Industry And Investment.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, launched his first U.S. promotional tour in New York, aiming to foster partnerships, showcase investment opportunities across 21 sectors, and strengthen economic ties between Egypt and the U.S. The tour included meetings with major American companies in industries such as medical manufacturing, urban development, renewable energy, sustainability, logistics, and technology. Discussions focused on establishing factories, infrastructure collaboration, energy projects, and supporting startups. This initiative aligns with Egypt’s strategy to attract foreign investment, promote advanced industries, and support sustainable development and global economic integration.

Date : 03-12-2025

The Suez Canal Economic Zone Hosts A Latin American Ambassadors Delegation To Discuss Ways To Enhance Economic And Investment Cooperation.

The General Authority for the Suez Canal Economic Zone hosted Latin American ambassadors from countries including Venezuela, Mexico, the Dominican Republic, Panama, Cuba, Peru, and Guatemala to promote investment opportunities. The event featured a detailed presentation on the zone’s capabilities, strategic integration, and incentives aimed at attracting foreign investments. The delegation also visited key industrial and logistics facilities to explore the environment and services supporting industrial and trade activities.

Date : 03-12-2025

The Chairman Of The Suez Canal Economic Zone Signed An Agreement With TransCargo International To Operate A Multipurpose Terminal At Sukhna Port.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, signed a memorandum with Trans Cargo International to conduct studies for establishing and developing a multipurpose terminal at Ain Sokhna Port. They also signed an 18-month lease for a berth and land area to enable cargo operations until final agreements are completed. The initiative aims to enhance port efficiency, support logistics, attract investments, and contribute to Egypt's goal of becoming a regional trade hub. The development at Sukhna Port is nearing final stages, with plans to increase capacity and services.

Date : 02-12-2025

Alexandria Port Authority Hosts Official Singaporean Delegation to Promote Maritime and Investment Partnership.

The Alexandria Port Authority hosted a Singaporean delegation led by the Director of the South Asia, Middle East, and Africa Department at Singapore’s Ministry of Trade and Industry to strengthen cooperation in maritime transport and ports. The visit focused on enhancing joint efforts in port operations, trade, and logistics investments, building on recent positive diplomatic ties. The delegation praised the port’s development and progress, while the Authority showcased ongoing expansion projects and multimodal transport initiatives. They toured key port facilities and discussed future collaboration, reaffirming their strong friendship and commitment to establishing a strategic partnership to explore new opportunities.

Date : 02-12-2025

Alexandria Port Hosts The World's Largest Car Carrier, ANKI PROSPERITY, During Its Maiden Mediterranean Voyage.

The Alexandria Port Authority received the world's largest RoRo/car carrier, ANJI PROSPERITY, operated by COSCO, on November 26, 2025. Making its maiden Mediterranean voyage since August, the vessel measures 228 meters, has a draft of 10 meters, a gross tonnage of around 88,000 tons, and a capacity of 25,000 vehicles. It arrived after departing Singapore on November 11 and transiting the Suez Canal on November 25. The port had prepared in advance, ensuring the quay's readiness and coordinating technical and operational support to facilitate a smooth arrival and unloading. This event highlights Alexandria Port's capability to handle the world's largest vessels, strengthening its role as a regional trade hub.

Date : 02-12-2025

Russian 'Shadow Fleet' Tankers Are Destroyed By Ukrainians' Sea Baby Drone Strike!

• Various media outlets indicate that Ukrainian officials assert they carried out an attack on two sanctioned shadow fleet tankers off Turkey on Friday. Turkey reported that the fires on the vessels were contained, though one was targeted again the following morning. Ukrainian security sources confirm that Ukraine was behind the attacks, utilizing a new "Sea Baby" drone to strike the tankers and hinder Russia’s oil trade. A video capturing the attack has been shared online.
• The tanker Virat sustained minor damage on its starboard side after an attack, with Turkey’s Ministry of Transport and Infrastructure confirming a second attack occurred in the morning. The vessel, anchored in the Black Sea north of Turkey, is stable and has not requested evacuation; rescue teams are on standby nearby. Meanwhile, efforts continued overnight to control a large fire on the first attacked tanker, Kairos, caused by an explosion. The Turkish Coast Guard evacuated 25 crew members, who were taken for medical care, with no injuries reported. The fire on the Kairos has been fully extinguished on the decks, while firefighting and cooling efforts continue in enclosed areas.
• Turkish Transport Minister Abdulkadir Uraloglu indicated that the recent attacks on two tankers involved external interference, possibly including mines, missiles, marine vessels, or drones, though no definitive information is available. Experts suggest that the incidents, which affected vessels linked to Russian oil trade, are likely intentional rather than accidental, part of efforts to disrupt Russian maritime revenue. Earlier this year, similar unexplained attacks, including mine attachments and explosions, targeted shadow fleet tankers connected to Russia. The two tankers hit on Friday are reportedly owned by Chinese interests, sanctioned for their involvement in Russian oil exports, with their flags listed as "unknown" after being sold in 2025.

Date : 29-11-2025

Baleària Constructed The World's First High-speed Ferry Powered By Natural Gas Engines.

Spanish ferry operator Baleària announced the launch of Europe's first autonomous e-methanol power generation system, called eNomad, developed by Methanol Reformer. This system will be integrated into their electric ferry Cap de Barbaria, which operates between Ibiza and Formentera since 2023. The ferry, capable of zero-emission port and dock operations, will serve as a testing platform for the hydrogen system, producing renewable hydrogen from methanol to generate auxiliary electricity, reduce fuel use, and lower emissions. The project aims to assess methanol's potential as a flexible energy source for maritime transport and evaluate the scalability of hydrogen solutions. This initiative is part of Baleària's broader efforts to decarbonize its fleet, which includes vessels powered by natural gas and bioLNG, and plans for fully electric routes. The eNomad system will be available soon for demonstration on the Cap de Barbaria.

Date : 28-11-2025

The Suez Canal Authority and Maersk Group Have Entered Into a Strategic Partnership Agreement.

The Suez Canal Authority and A.P. Moller-Maersk Group announced that Maersk-affiliated vessels will begin transiting through the Suez Canal again in early December, marking a step toward full-capacity operations. This follows a strategic partnership agreement aimed at enhancing cooperation and restoring traffic, which reached 1,158 ships in 2023. Both parties see the canal as a vital maritime route for global trade between East and West, and the return of Maersk vessels is expected to encourage other shipping lines to resume transit. The agreement and resumed operations are supported by regional stability efforts, including the Sharm El-Sheikh Peace Summit, and are seen as crucial for revitalizing the canal’s role in global supply chains. Maersk’s CEO emphasized the canal’s importance and expressed hope for a return to pre-crisis transit volumes.

Date : 27-11-2025

With Investments Of $15 Million.. The Head Of The Suez Canal Economic Authority Witnesses The Signing Of The Contract For The Chinese "WINPEX" Project To Produce Lighting Tools At The MDC Industrial Development In Sukhna.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, attended the signing of a $15 million contract for the Chinese "WINPEX" project to produce lighting and electronic tools at the MDC industrial zone in Sukhna, creating 500 jobs and aiming to export products globally. He highlighted the zone’s infrastructure, strategic location, skilled labor, and favorable trade agreements, emphasizing its role as a key global logistics and investment hub, and noted the growing Chinese investment reflecting strong bilateral relations.

Date : 27-11-2025

Leading Maritime Mutuals Contemplate Merger That Could Reshape the Shipping Insurance Industry

Two leading mutual insurance providers in the global shipping and logistics industries, the UK P&I Club and TT Club, managed by Thomas Miller, are in early discussions about a potential merger. This move aims to create a prominent entity covering the entire maritime and transport sector, combining their extensive histories—UK P&I Club founded in 1869 and TT Club in 1968. The UK P&I Club provides liability coverage for shipowners, while TT Club specializes in insuring ports, terminals, and logistics operators. The merger would enhance scale, diversification, and financial strength while allowing both organizations to maintain their independent brands. The collaboration builds on years of close cooperation, with strategic goals focused on member service, growth, and stability.

Date : 26-11-2025

The Head Of The Suez Canal Economic Zone Explores Opportunities To Strengthen Collaboration With China Harbor Engineering Company (CHEC) On Port Development And Infrastructure Projects.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, held a meeting with CHEC to discuss cooperation on port and infrastructure development projects aimed at increasing capacity and transforming ports into regional and international logistics centers. He highlighted Egypt’s strategic importance, ongoing investments, and plans to attract global expertise. CHEC’s Chairman emphasized Egypt’s vital role in their Belt and Road Initiative, committed to enhancing port facilities to support regional and international trade. The meeting reflects efforts to strengthen international partnerships and support economic growth through port infrastructure development.

Date : 25-11-2025

Port Of West Port Said Has Received Over 6,300 Tourists On Board 3 Cruise Ships So Far During November 2025.

• The Suez Canal Economic Zone announced in its statement today that the tourist pier at West Port Said Port received the cruise ship CELESTYAL JOURNEY coming from Turkey, carrying 435 tourists of different nationalities, along with 465 crew members, as part of same-day tourism trips.
• CELESTYAL JOURNEY, owned by CRUISES AUSTRALIA, is one of the ships that operate regular trips to Greek islands. The ship was built in 1994 and renovated in 2023 at a cost of $20 million. It is 220 meters long with a 7.7-meter draft, comprising 9 decks with 630 cabins accommodating over 1,200 passengers. The port management took all necessary measures to facilitate the ship’s entry and complete the tourist procedures in cooperation with relevant authorities. Additionally, internal tours in Port Said were organized for the ship’s crew before it departs later today to Sharm El Sheikh port to continue its tourism program.
• It is noteworthy that West Port Said Port experienced a significant boost in maritime tourism activity during November 2025. This was the third trip of the month, following the arrival of the MSC ARMONIA with two voyages carrying a total of 5,400 tourists. Thus, the total number of tourists received by the port this month exceeded 6,300. This comes within the framework of promoting maritime tourism at ports of the economic zone along the Mediterranean and Red Seas, which are ready to receive all types of cruise ships and provide all logistics services, reflecting the confidence of global shipping agencies in the ports of the Suez Canal Economic Zone.
  

Date : 25-11-2025

At The Conclusion Of His Promotional Tour In France, The Chairman Of The Suez Canal Economic Zone Reviews Investment Opportunities Before The Organization For Economic Co-operation And Development (OECD) And Meets With Its Secretary-general To Promote Cooperation And Attract French Investments.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, concluded his promotional tour in France with participation in a high-level OECD round-table in Paris, where he discussed investment opportunities and strategic partnerships. He highlighted the zone’s strong infrastructure, incentives, and success in attracting projects from 30 countries. During the tour, he met with OECD officials, with plans to develop joint promotional strategies and enhance cooperation to attract French investments in industry, energy, and logistics. The tour included participation in the Egyptian-French Business Forum, the Ambition Africa conference, and high-level meetings with French institutions and companies across various sectors, reflecting ongoing efforts to build international partnerships and boost investment in the zone.

Date : 25-11-2025

Continuing His Promotional Tour In France, The Chairman Of The Suez Canal Economic Zone Participated In The "Ambition Africa" Conference And Held Several Meetings With International Organization Leaders To Enhance Cooperation And Attract Investments.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, continued his promotion in France by participating in the "Ambition Africa" conference and holding bilateral meetings with international leaders. He discussed enhancing trade and investment cooperation, attracting French and African companies, and expanding industrial and logistics sectors. Key meetings included discussions with French officials and business leaders from various industries such as aerospace, chemicals, and manufacturing, focusing on investment incentives, infrastructure, and opportunities for regional expansion. The visits aim to strengthen Egypt’s strategic partnerships and promote the zone’s role as a hub for regional and international trade and industry development.

Date : 25-11-2025

The Head Of The Suez Canal Economic Zone Begins His Promotional Tour In France To Strengthen Cooperation In Industrial And Technological Fields At The Egyptian-french Business Forum.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, launched a promotional visit to France to showcase investment opportunities in sectors such as manufacturing, energy, logistics, and technology. He participated in the Egyptian-French Business Forum in Paris, engaging with French companies, government officials, and Egyptian representatives. During the visit, he discussed potential collaborations with major French firms like Airbus Helicopters, Schneider Electric, and SODILAC, focusing on areas such as industrial manufacturing, energy management, and food industries. El-Din emphasized the zone’s strategic role in attracting foreign investment, supporting local industry, and expanding Egypt’s exports, especially targeting markets in Africa and Europe.

Date : 19-11-2025

In the presence of Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development, and Minister of Industry and Transport, the Suez Canal Economic Zone signed a Memorandum of Understanding and a usufruct contract with Sky Ports Company to operate a multipurpose terminal at Sukhna Port.

Major General Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, witnessed the signing of a Memorandum of Understanding between the Suez Canal Economic Zone and Sky Ports Company to establish, operate, and maintain a multipurpose terminal at Ain Sukhna Port. They also signed an 18-month usufruct contract to utilize a quay and land areas until detailed studies are completed. The new terminal will feature a 588-meter quay, extensive logistics areas, and warehouses, aiming to handle at least 2 million tons annually and serve trade routes to East Africa, the Gulf, Asia, and India. The project aims to enhance port capacity, streamline logistics, and strengthen Egypt's position as a regional trade hub. Officials highlighted the project's strategic importance for improving logistics services, fostering port development, and promoting investment in Egypt’s maritime sector.

Date : 18-11-2025

President Abdel Fattah El Sisi inaugurated a number of maritime stations in the Suez Canal Economic Zone at East Port Said Port.

The event showcased Egypt’s substantial progress in maritime and logistics infrastructure, including the opening of new port facilities and the prominent East Port Said Port, Africa’s top container port. Key speakers praised Egypt’s strategic position, fruitful collaborations with companies like Maersk, and ongoing initiatives to establish the country as a global logistics center. They emphasized achievements in port development, job creation, and attracting investments, all driven by President Abdel Fattah El Sisi’s vision. The President reaffirmed Egypt’s dedication to advancing its transportation and logistics sectors through national efforts and international cooperation.

Date : 18-11-2025

The CMA CGM JULES VERNE has safely transited the Bab El-Mandab Strait and passed through the Suez Canal, while the CMA CGM HELIUM is making its maiden voyage through the canal.

The Suez Canal recently facilitated the transit of the mega container ship CMA CGM JULES VERNE, marking its third journey through the canal and its first since June and September after incentives were introduced. The ship, part of CMA CGM, safely navigated from Singapore via Bab El-Mandab Strait en route to Lebanon. During an inspection aboard the vessel, Suez Canal Authority Chairman Admiral Ossama Rabiee highlighted the canal’s readiness to host large ships and emphasized safety measures, including pilot teams and tug assistance. He also welcomed the maiden voyage of CMA CGM HELIUM, which is traveling from Singapore to Alexandria. Rabiee reaffirmed the strategic importance of the canal and expressed optimism about resuming more regular transits as regional stability improves, with plans for discussions with major shipping lines. CMA CGM representatives praised the canal’s infrastructure and safety enhancements, noting their vessels faced no issues during transit. Overall, 38 vessels, totaling 1.7 million tons, transited the canal on that day.

Date : 16-11-2025

Saudi Aramco to Finalize US LNG Agreements During Crown Prince’s Washington Visit.

Saudi Aramco is poised to sign two U.S. LNG supply agreements with Woodside Energy and Commonwealth LNG during Crown Prince Mohammed bin Salman's visit to Washington next week. The deals aim to bolster Aramco's goal of becoming a significant LNG player in the U.S., where capacity is expected to nearly double in the next four years. The company plans to secure up to 20 million tons per annum of LNG capacity, with ongoing projects totaling 4.5 million tons. The agreements include a stake acquisition and supply deal with Woodside's Louisiana project and a supply agreement with Commonwealth LNG, which is close to reaching its capacity target of 8 mtpa. These moves mark Aramco’s strategic expansion into the U.S. LNG market amid industry growth and competition.

Date : 15-11-2025

The Simandou Iron Ore Project, The Largest New Mining Venture In Years, Has Just Sent Out Its First Ore Shipment.

Simandou is Africa's largest integrated iron ore mining, rail, and seaport project, operated by an international consortium. It will process up to 120 million tonnes of high-grade ore annually, accounting for about 7% of global exports. The project is divided between a Rio Tinto-led group and Winning International Group, with both owning a railway company that connects the inland deposit to the seaport over 370 miles. The rail logistics, crucial to the project, were developed by Winning's CEO, Sun Xiushun. With an estimated deposit of 3.3 billion tonnes, Simandou is expected to supply ore for 20-30 years and stimulate regional development along the new rail corridor. The project is seen as a national transformation for Guinea, symbolizing shared prosperity. Despite some tensions, such as the dispute over Chinese locomotives, Guinea emphasizes the importance of high-quality infrastructure aligned with contractual specifications, as it will own the assets after 35 years.

Date : 14-11-2025

Nigeria Confiscates Over One Ton Of Cocaine At Lagos Port In Its Largest-ever Drug Seizure.

Nigeria’s NDLEA has seized about 1,000 kilograms of cocaine at Lagos’ Tincan Island Port, the largest-ever drug bust at the port, valued at over $235 million. Discovered in an empty container, the shipment prompted a joint investigation involving Nigerian, U.S., and UK law enforcement agencies. International partners, including the DEA and UK’s NCA, have joined the probe to identify and capture those behind the trafficking network. This operation marks a major victory in Nigeria’s efforts to combat international drug smuggling through West African ports, with investigations ongoing.

Date : 12-11-2025

Admiral Ossama Rabiee Observes The Inaugural Launch Of The First Tourist Yacht Manufactured By The Suez Canal Company For Modern Boats.

Following President Abdel Fattah El-Sisi's directives to promote local maritime industry, Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, and Mr. Mostafa El-Dougishy, CEO of the Suez Canal Company for Modern Boats, launched the first tourist yacht in a new series produced by their partnership with South Red Sea Shipyard. The 37-meter yacht, designed with a Sport Fisherman style and equipped with advanced features and accommodations, exemplifies their "Made in Egypt" initiative aimed at regional and international markets. The company is also advancing projects to produce additional yachts, cruise boats, and Nile River vessels, with work ongoing on fiberglass factories and other facilities. During his visit, Admiral Rabiee inspected various vessels under construction, discussed potential collaborations with Svitzer, and reviewed progress at the Egypt Yachts factory.

Date : 11-11-2025

Admiral Rabiee meets with the Italian envoy of the India-Middle East-Europe Economic Corridor (IMEC) project to explore avenues for joint cooperation.

Admiral Ossama Rabiee, Chairman of the Suez Canal Authority (SCA), met with Mr. Francesco Talo, the Italian envoy of the India-Middle East-Europe Economic Corridor (IMEC) project, to explore joint cooperation. The meeting, attended by senior SCA officials and representatives from the Ministry of Foreign Affairs, aimed to showcase the Suez Canal’s developments and its role in global trade. Rabiee highlighted ongoing projects to enhance the Canal’s competitiveness, safety, and maritime services, including fleet modernization and infrastructure improvements. He also noted recent increases in vessel transits and revenue. Talo appreciated Egypt’s efforts in maintaining navigation security and emphasized the importance of restoring stable navigation routes through the Red Sea and Bab Al-Mandab, supporting infrastructure development, and strengthening cooperation to integrate Egypt into the IMEC corridor for mutual strategic benefits.

Date : 09-11-2025

Admiral Ossama Rabiee stated, "The Suez Canal witnessed the transit of the container ship CMA CGM BENJAMIN FRANKLIN, marking the largest container vessel to pass through the Canal in the past two years."

Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, announced the return of large container ships to transit the Canal, highlighted by the recent transit of the CMA CGM BENJAMIN FRANKLIN, the largest in two years. The 399-meter vessel, carrying nearly 18,000 containers, marked its first voyage since October 2023 due to regional tensions. Rabiee noted this as a positive sign of stability in the Red Sea region, supported by new incentives that have restored multiple voyages by major shipping lines. He also mentioned CMA CGM’s rerouting of the CMA CGM ZHENG HE through the Suez Canal, emphasizing the region's regained stability and encouraging reviews of shipping schedules and trial voyages through the Red Sea.

Date : 09-11-2025

With an investment of $4.49 million, the Head of the Suez Canal Economic Zone signs the "Samil Solution" contract for the ready-made garment industry, marking the second South Korean investment in the Qantara West Industrial Zone.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, signed a contract with Korean company Samil Solution to establish a $4.49 million facility in the Qantara West Industrial Zone. Covering 21,000 square meters, the project will produce 8.8 million knit and woven garments annually for export, creating around 1,000 jobs. This marks the second South Korean investment in the zone, which now hosts projects from eight countries with total investments of over $1.185 billion and more than 63,000 jobs. The move highlights the zone’s attractiveness for international investors and its growing role in textile manufacturing.

Date : 07-11-2025

The world's first AI-powered firefighting system puts out oil fires on moving naval vessels.

A domestically developed, AI-powered fire suppression system has been created to autonomously detect and precisely extinguish oil fires on naval ships, even in complex maritime conditions. Led by Senior Researcher Hyuk Lee at KIMM, the system uses AI and reinforcement learning to accurately target fires caused by equipment or aircraft leaks, reducing unnecessary damage caused by traditional broad-area suppression methods. It has demonstrated over 98% detection accuracy and effective operation in land simulations and real-ship tests, including in rough sea conditions. This breakthrough technology enhances crew safety and ship preservation and has potential applications across various naval and industrial facilities, with plans for future expansion into civilian maritime and petrochemical industries.

Date : 07-11-2025

Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, explored opportunities for future collaboration with Maersk Group during his meeting with Mr. Vincent Clerc, CEO of A.P. Moller-Maersk Group.

The upcoming Maersk Group executive leadership meeting in Egypt will focus on resuming transit through the Suez Canal. Adm. Rabiee highlighted the opportune moment to return and consider amending navigation schedules. Maersk’s CEO expressed their eagerness to fully resume operations after discussions with the SCA and studying safety indicators, aiming to be the first to navigate through Bab Al-Mandab and restore normalcy. The meeting, attended by key officials, emphasized strengthening strategic relations, exploring new cooperation fields like ship maintenance and logistics, and promoting future collaboration. Maersk is closely monitoring regional security, prioritizing maritime safety, and intends to make a full return to the region’s navigation, including conducting bilateral discussions with the SCA to facilitate this. The meeting underscored the importance of this move within the context of Egypt’s political support and the strategic partnership between the SCA and Maersk.

Date : 07-11-2025

With investments exceeding $70 million, the Chairman of the Suez Canal Economic Zone attended the signing of a project contract between El Sewedy Industrial Development and the company "Shin Min Glass" to establish an integrated factory within "Sokhna 360".

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, attended the signing of a contract between El Sewedy Industrial Development and Shin Min Glass Egypt to establish a new glass manufacturing factory within Sokhna 360, an integrated industrial city. The project covers over 163,000 square meters with investments exceeding $30 million initially, potentially reaching over $70 million, and is expected to create over 1,000 jobs with a high production capacity. The deal reflects strong investor confidence in Egypt’s infrastructure and business environment. Sokhna 360, developed by El Sewedy, is a strategic industrial hub of 10 million square meters near major ports, offering attractive investment incentives to support manufacturing and export growth.

Date : 06-11-2025

As the first Korean investment in Al-Qantara Al-Gharb... The Chairman of the Suez Canal Economic Zone signs the contract for the Korean "H&L" ready-made clothing project with investments of $12 million.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, signed a $12 million contract with Korean company H&L Egypt Apparel to establish a 40,000-square-meter factory for ready-made and sportswear in Al-Qantara Gharb, creating around 2,000 jobs. This marks the first Korean investment in the zone, which is seeing increasing international interest, with 45 projects covering over 2.8 million square meters and investments exceeding $1.18 billion. H&L, founded in 1988 in Seoul, is a leading global sportswear manufacturer with a strategic partnership with the American company Outerstuff.

Date : 06-11-2025

CMA CGM Plans To Register Ten Large LNG-powered Container-Ships Under The French Flag.

French shipping giant CMA CGM announced the registration of ten new 24,000 TEU LNG dual-fuel containerships under the French flag, marking a major commitment to national maritime sovereignty. These energy-efficient vessels, ordered from China’s Yangzijiang Shipbuilding and set for delivery starting in 2026, will enhance France’s maritime industry and create jobs for at least 135 French seafarers. The ships, named after iconic French monuments, will operate on CMA CGM’s French Asia Line, connecting Europe and Asia via major French ports. The initiative underscores CMA CGM’s leadership in maritime sovereignty and the global energy transition, with significant economic and environmental benefits, including substantial CO2 emissions reductions.

Date : 05-11-2025

Chairman of the Suez Canal Economic Zone Receives the First Deputy Prime Minister of Kyrgyzstan to Discuss Opportunities for Mutual Cooperation.

Mr. Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, met with Kyrgyz First Deputy Prime Minister Danyar Amangeldiev to discuss enhancing industrial and investment cooperation. They reviewed the zone’s infrastructure, incentives, and sectors of interest, emphasizing its strategic importance and growing international partnerships. Amangeldiev highlighted Kyrgyzstan’s interest in strengthening ties with Egypt, especially in transportation and logistics. Both sides expressed optimism about exploring new joint investment opportunities.

Date : 05-11-2025